MADECOM GROUP PLC
Company Information
- Company Number
- 13346124
- Registered Address
- Pricewaterhousecoopers Llp, One Chamberlain Square, Birmingham, B3 3AX
- Status
- Liquidation
- Employee Count
- 673
- Turnover
- £371,900,000
- EBITDA
- -£18,300,000
Additional Details
- Website
- https://made.com/
- Company Type
- Public limited Company
- Incorporated On
- 20 April 2021
- Nature of Business
- 47910 - Retail sale via mail order houses or via Internet70100 - Activities of head offices
- Industries
- Software
- 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 |
|---|---|---|---|---|---|---|
| 01 Jan 2022 - 30 Jun 2022 | 03 Aug 2022 | 31 | 47% | 50% | 3% | 36% |
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
The average standard payment terms for Made.com Group Plc is 0 days from date of invoice which makes up of 43% of invoices
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
no
Maximum contractual payment period agreed
30
Dispute Resolution Process
Suppliers are contacted and advised there is an issue with the invoice. The person responsible for dispute resolution is usually the business representative who has a direct relationship with the supplier and ordered the goods/services from them directly. If it cannot be resolved in a timely manner, then the dispute would be taken over by the director/head of department.
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
MADE.COM GROUP PLC is a British company that specializes in designing and selling furniture and home accessories. The company was founded in 2010 and is headquartered in London, UK.
The company's sustainability program focuses on responsible sourcing of materials, reducing waste, and minimizing their carbon footprint. They work with suppliers who share their commitment to sustainability and aim to use eco-friendly materials in their products.
MADE.COM offers a wide range of stylish and affordable furniture, from sofas and dining tables to lighting and home decor. They collaborate with independent designers to create unique and high-quality products that are both functional and aesthetically pleasing.
Some key people in the company include CEO Philippe Chainieux, who has over 20 years of experience in e-commerce and retail, and Co-Founder Chloe Macintosh, who is a renowned designer and entrepreneur.
Customers can contact MADE.COM through their website or by visiting one of their physical showrooms in London, Birmingham, or Leeds. The company also has a strong online presence and can be reached through various social media platforms.
The registered office address for MADE.COM GROUP PLC is 100 Charing Cross Road, London, WC2H 0JG, UK. Their website address is www.made.com. Overall, MADE.COM GROUP PLC is a reputable company that offers stylish and sustainable products, making it a popular choice for home decor and furniture needs.
