BENSONSFORBEDSRETAIL LTD

PaymentCheck Score 2025
42Poor
1.9vs last year
#3982 in UK
#378 in Property
#310 in North West

Company Information

Company Number
12528962
Registered Address
3rd Floor The Globe Centre, 1 St James Square, Accrington, Lancashire, United Kingdom, BB5 0RE
Status
Active
Employee Count
1,487
Turnover
£239,410,000
EBITDA
£1,802,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 March 2020
Nature of Business
47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Industries
Property,Infrastructure And Construction
Region
North West

Time to Pay

Average Time to Pay
53 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
26%
31-60 Days
37%
After 60 Days
37%
Not Paid Within Terms36%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-05-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2024 - 31 Mar 202524 Jun 20255726%33%41%37%
01 Apr 2024 - 30 Sept 202407 Feb 20256222%33%45%42%
01 Oct 2023 - 31 Mar 202417 May 20245326%37%37%36%
26 Sept 2021 - 26 Mar 202201 Aug 20224892%3%5%19%
25 Apr 2021 - 25 Sept 202116 Nov 20214157%18%25%19%

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

Standard terms for stock suppliers are 60 days from date of invoice, alternative terms may be agreed by exception with suppliers. Standard terms for non-stock invoices are 30 days from date of invoice, alternative terms may be agreed by exception with suppliers.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

90

Dispute Resolution Process

Liaison with supplier in first instance to see if there is an error/issue. If un-resolvable between Accounts Payable Department and Supplier the dispute is escalated to the contact who manages the relationship with the supplier in order to resolve.

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.

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

BENSONSFORBEDSRETAIL LTD is a UK-based company that specializes in the retail of beds and related products. The company has been in operation since 1950 and has become one of the leading retailers in the UK market.

The company's sustainability program is a key aspect of their operations, with a strong focus on reducing their environmental impact. They have implemented various initiatives such as using sustainable materials in their products, reducing their carbon footprint and promoting recycling.

BENSONSFORBEDSRETAIL LTD offers a wide range of products and services to their customers. They have a variety of bed frames, mattresses, and bedroom furniture available in different styles, sizes, and materials. They also offer a bespoke service, allowing customers to customize their bed according to their preferences.

The company is led by a team of experienced and dedicated individuals, including the CEO, Mark Jackson. They are committed to providing high-quality products and exceptional customer service.

Customers can contact BENSONSFORBEDSRETAIL LTD through their website, which also serves as an online store. The website provides detailed information about their products, services, and sustainability efforts. The company's registered office address is located in Cambridgeshire, UK.

In conclusion, BENSONSFORBEDSRETAIL LTD is a well-established company in the UK, with a strong focus on sustainability and providing quality products and services to their customers. Their dedication to reducing their environmental impact and commitment to customer satisfaction makes them a reputable and reliable retailer in the market.

Financial Metrics

Cash
£8,192,000
Net Worth
-£61,759,000
Total Current Assets
£51,556,000
Total Current Liabilities
£81,032,000

Company Location