J. & P. COATS, LIMITED
Company Information
- Company Number
- SC002042
- Registered Address
- 1 George Square, Glasgow, G2 1AL
- Status
- Active
- Employee Count
- 105
- Turnover
- Coming Soon
- EBITDA
- -£22,500,000
Additional Details
- Website
- https://coats.com
- Company Type
- Private limited Company
- Incorporated On
- 6 August 1890
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 30 Jul 2025 | 41 | 54% | 34% | 12% | 29% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 41 | 55% | 30% | 15% | 37% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 43 | 46% | 40% | 14% | 34% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 43 | 50% | 35% | 15% | 39% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 43 | 54% | 29% | 17% | 41% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 44 | 52% | 32% | 16% | 40% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 45 | 59% | 29% | 12% | 34% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 43 | 52% | 31% | 17% | 42% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 51 | 45% | 33% | 22% | 46% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 48 | 43% | 35% | 21% | 54% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 49 | 52% | 31% | 17% | 47% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 49 | 50% | 30% | 20% | 54% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 47 | 47% | 35% | 18% | 57% |
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 payment terms
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
60
Dispute Resolution Process
We aim to resolve disputes or queries regarding invoices and payment as quickly as possible. When an invoice dispute is received, it should if possible be resolved with our Accounts Payable team. If this is not possible, the query will be escalated to the business contact and a relevant senior finance contact if necessary. When resolved, the invoice will be available for payment on the next standard payment run. For contractual disputes, not necessarily related to payment date enquiries, you should follow the procedure contractually agreed and, if none, then please contact the individual who ordered the goods or 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.
❌
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
J. & P. COATS, LIMITED is a leading global manufacturer and supplier of threads, yarns, and textile crafts. The company was founded in 1755 and is headquartered in Paisley, Scotland. It operates in more than 60 countries and has a workforce of over 17,000 employees.
The company's sustainability program is centered around its commitment to responsible and ethical business practices. It aims to reduce its environmental impact, promote social responsibility, and ensure the health and safety of its employees. J. & P. COATS, LIMITED has set targets to reduce its carbon footprint, water usage, and waste generation. It also works closely with its suppliers to promote sustainable sourcing and ethical labor practices.
The company offers a wide range of products, including sewing threads, embroidery threads, and industrial threads. It also provides a variety of textile crafts products, such as knitting and crochet yarns, and fabric paints and dyes. These products are used in various industries, including apparel, footwear, and home furnishings.
The key people at J. & P. COATS, LIMITED include the Chairman, Mike Clasper, and the CEO, Rajiv Sharma. They are supported by a team of experienced executives and professionals who are dedicated to driving the company's growth and success.
The company's website address is www.coats.com, where customers can find information about its products and services, as well as its sustainability efforts. The registered office address is 1st Floor, 24-26 St. John Street, London, EC1M 4AY, United Kingdom.
In summary, J. & P. COATS, LIMITED is a reputable company that is committed to sustainable and ethical practices. With a wide range of high-quality products and a strong leadership team, the company continues to be a leader in the textile industry.
