SHARKNINJA EUROPE LTD
Company Information
- Company Number
- 08492819
- Registered Address
- 1st/2nd Floor Building 3150, Thorpe Park, Century Way, Leeds, England, LS15 8ZB
- Status
- Active
- Employee Count
- 238.0
- Turnover
- 507546000.0
- EBITDA
- 6433000.0
Additional Details
- Website
- https://ninjafoodprep.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 17 April 2013
- Nature of Business
- 47540 - Retail sale of electrical household appliances in specialised stores
- Industries
- Property,Infrastructure And Construction
- Region
- Yorkshire and The Humber
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 31 | 71% | 26% | 3% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 15 Aug 2023 | 29 | 71% | 23% | 6% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 14 Feb 2023 | 25 | 85% | 12% | 3% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 22 | 88% | 11% | 1% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 22 | 85% | 13% | 2% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Jul 2021 | 21 | 86% | 13% | 1% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 19 | 92% | 7% | 1% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 17 | 94% | 5% | 1% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 20 | 98% | 1% | 1% | 11% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 17 | 94% | 5% | 1% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 01 May 2019 | 19 | 92% | 6% | 2% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 16 | 79% | 15% | 6% | 0% |
Company Summary
SHARKNINJA EUROPE LTD is a multinational company that specializes in the design, manufacture, and distribution of household appliances
The company was founded in 1994 and is headquartered in Leeds, United Kingdom
Their main focus is on creating innovative and high-quality products that aim to make household chores easier and more efficient for their customers
Their product range includes vacuum cleaners, steam mops, blenders, and other kitchen appliances
In addition to their commitment to providing top-notch products, SHARKNINJA EUROPE LTD also places a strong emphasis on sustainability
They have implemented various initiatives to reduce their environmental impact and promote sustainable practices
This includes using recyclable materials in their packaging, implementing energy-efficient processes in their manufacturing plants, and partnering with organizations to promote responsible waste management
The company is led by a team of experienced and dedicated individuals, including CEO Mark Rosenzweig and Chief Financial Officer James Kershaw
They strive to continuously improve their products and services to meet the changing needs of their customers
For contact information, SHARKNINJA EUROPE LTD can be reached through their website at www.sharkninja.com or through their registered office address at 1 Richmond Park, Sheffield Road, Sheffield, S9 1XH, United Kingdom
Overall, SHARKNINJA EUROPE LTD is a reputable company that prides itself on providing sustainable and innovative solutions for households around the world
Company Review
Trend Analysis
The trend for SharkNinja Europe Ltd's average time to pay invoices has been increasing over the past three periods, with a noticeable increase between 2022-2023. This suggests that the company may be taking longer to pay their suppliers.
Volatility Analysis
The company's percentage of invoices paid within 30 days has remained relatively stable, with a slight decrease from 94% in 2019 to 85% in 2023. However, there has been more volatility in the percentage of invoices paid between 31-60 days, with a high of 26% in 2023 and a low of 1% in 2019. This indicates that the company may have inconsistent payment practices.
Summary Analysis
Between 2018 and 2020, there was a decrease in the average time it took SharkNinja Europe Ltd to pay invoices, with the shortest/only standard payment period being 30 days. However, from 2021 onwards, there has been an increase in the average time to pay, with the shortest/only standard payment period remaining at 30 days. This indicates that the company may be struggling to maintain their previous payment practices.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are 60 days from the end of the month in which we receive a valid invoice
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
In the event of an invalid invoice being received it will be returned to the supplier for remedy. Receipt date will be from the receipt of a valid invoice only. 1. Addressed to SharkNinja Europe Ltd, 3150 Century Way, Thorpe Park, Leeds, LS15 8ZB 2. Quote your business name and address 3. VAT registered businesses should produce VAT invoices quoting their VAT number 4. Total amount of claim with VAT breakdown 5. All invoices must quote a unique reference number 6. Invoices must be dated after receipt of a valid PO 7. All invoices must quote a valid PO number 8. Description of goods/services
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
