EVANS RETAIL LIMITED
Company Information
- Company Number
- 08907190
- Registered Address
- C/O Teneo Financial Advisory Limited The Colmore Building, 20 Colmore Circus Queensway, Birmingham, B4 6AT
- Status
- Liquidation
- Employee Count
- 680
- Turnover
- £66,434,000
- EBITDA
- -£4,167,000
Additional Details
- Website
- https://evansco.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 21 February 2014
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores47721 - Retail sale of footwear in specialised stores
- Industries
- Fashion
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
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 |
|---|---|---|---|---|---|---|
| 03 Mar 2019 - 31 Aug 2019 | 04 Oct 2019 | 53 | 29% | 59% | 12% | 16% |
| 02 Sept 2018 - 02 Mar 2019 | 01 Apr 2019 | 66 | 19% | 60% | 21% | 34% |
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
Goods not for resale – Invoices are paid weekly, on 60 days payment terms Goods for resale – Invoices are paid twice weekly, on 90 days payment terms Settlement discount applied to all goods for resale invoices as below – Direct Imports suppliers – 4% Landed suppliers – 18.25%
Were there any changes to the standard payment terms in the reporting period?
Payment terms were amended, in consultation with our suppliers, in response to the COVID-19 pandemic and its impact on trading. Terms were increased by 30 days.
Any other information about payment terms
Payment terms were amended, in consultation with our suppliers, in response to the COVID-19 pandemic and its impact on trading. In addition payment processes were amended and payment runs made less frequently as a proportion of staff were furloughed. Adjusting for these two factors the % of payments made while overdue would have been 30%.
Maximum contractual payment period agreed
90
Dispute Resolution Process
Queries from the Company’s suppliers are directed through a central Supplier Liaison team within Accounts Payable. The following service level agreements are in place to ensure we respond to our suppliers within an acceptable time frame: (a) Urgent queries – 24 hours from receipt of query; and (b) Non-urgent queries – 48 hours from receipt of query. The initial contact points for suppliers are as follows: (a) Goods for resale – tradeinvoices@arcadiagroup.co.uk (b) Goods not for resale – general.expense.queries@arcadiagroup.co.uk
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?
❌
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
EVANS RETAIL LIMITED is a UK-based company that specializes in retail and distribution of various products. Their registered office address is located at 1-3 St Peter's Hill, Grantham, Lincolnshire, NG31 6QB.
The company offers a wide range of sustainable products and services, including eco-friendly household items, organic food products, and sustainable fashion options. They also have a sustainability program in place, which aims to reduce their environmental impact and promote sustainable practices throughout their supply chain.
The key people behind EVANS RETAIL LIMITED include the managing director, Mr. John Evans, and the sustainability manager, Ms. Sarah Green. They are committed to driving the company's sustainability efforts and ensuring that all their products and services meet high ethical and environmental standards.
One of the ways in which EVANS RETAIL LIMITED promotes sustainability is through their website, where they provide information and resources on sustainable living and offer tips for reducing waste and being more environmentally conscious. They also have a dedicated customer service team that can be contacted via email or phone for any inquiries or feedback.
In addition to their sustainability efforts, EVANS RETAIL LIMITED also places a strong emphasis on providing high-quality products and excellent customer service. They have a wide network of suppliers and partners, allowing them to offer a diverse range of products to their customers.
In summary, EVANS RETAIL LIMITED is a UK-based company that is committed to promoting sustainability through their products, services, and operations. With a dedicated team and a wide range of sustainable options, they are a leading retailer in the UK's sustainable market. For more information, please visit their website at www.evansretail.co.uk.
