BLUE GROUP UK BEDS LIMITED
Company Information
- Company Number
- 08431253
- Registered Address
- Pricewaterhousecoopers Llp Level 8, Central Square, 29 Wellington Street, Leeds, England, LS1 4DL
- Status
- Dissolved
- Employee Count
- 299
- Turnover
- £42,224,000
- EBITDA
- £5,423,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 6 March 2013
- Nature of Business
- 31030 - Manufacture of mattresses
- Industries
- Property-related Goods And Services
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The payment trend for BLUE GROUP UK BEDS LIMITED consistently shows an average payment time of 45 days, with the vast majority (85%) falling within the 31-60 day window. This trajectory indicates a predictable pattern of payments extending beyond standard 30-day terms, yet rarely exceeding 60 days.
Volatility Analysis
Payment reliability is characterized by a high degree of predictability within the 31-60 day range, as 85% of invoices are settled during this period. Despite 80% of payments being late, the low 1% exceeding 60 days indicates minimal volatility regarding extreme delays, making their extended payment cycle relatively predictable.
Summary Analysis
BLUE GROUP UK BEDS LIMITED presents a predictable payment profile where suppliers should anticipate an average payment time of 45 days, with most settlements occurring between 31 and 60 days. For supplier decision-making, it is crucial to account for the 80% late payment rate by adjusting credit terms or managing cash flow expectations accordingly, given the low risk of payments exceeding 60 days.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Oct 2019 - 31 Mar 2020 | 11 Jun 2020 | 41 | 18% | 81% | 1% | 77% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 45 | 14% | 85% | 1% | 80% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 47 | 16% | 84% | 0% | 80% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 48 | 25% | 74% | 1% | 79% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Most frequently used payment term is 30 day net
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
75
Dispute Resolution Process
Dispute invoices are placed on hold and referred back to the supplier by the supply chain team or finance team. Once resolved the invoice is released for payment.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
BLUE GROUP UK BEDS LIMITED was a private limited company that specialised in the beds sector within the UK. Its operations would have focused on products and services related to the beds market.
The company was incorporated on 6 March 2013, assigned company number 08431253. Its registered office was located at Pricewaterhousecoopers Llp Level 8, Central Square, 29 Wellington Street, Leeds, England, LS1 4DL, operating from Yorkshire. BLUE GROUP UK BEDS LIMITED is currently dissolved.
Companies operating in the UK beds sector typically provide a range of products and services. These can include the manufacturing, wholesale, or retail of beds, mattresses, bed frames, and associated bedroom furniture.
