CLARK RETAIL LIMITED
Company Information
- Company Number
- SC101099
- Registered Address
- Pricewaterhousecoopersllp, 144 Morrison Street, Edinburgh, United Kingdom, EH3 8EB
- Status
- In Administration
- Employee Count
- 56
- Turnover
- £4,856,000
- EBITDA
- £0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 September 1986
- Nature of Business
- 47240 - Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores47260 - Retail sale of tobacco products in specialised stores47620 - Retail sale of newspapers and stationery in specialised stores
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Scotland
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 |
|---|---|---|---|---|---|---|
| 25 Nov 2019 - 24 May 2020 | 13 Aug 2020 | 52 | 7% | 82% | 11% | 15% |
| 26 Nov 2018 - 26 May 2019 | 01 Jul 2019 | 52 | 5% | 73% | 22% | 11% |
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
Our shortest standard payment terms are 42 days. We negotiate separate payment terms individually 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
56
Dispute Resolution Process
Claims for disputed invoices are raised to the supplier detailing its nature - quantity discrepancy (short delivery) or a pricing query. If the claim relates to a pricing query this is submitted to the supplier along with the supporting evidence from the buyers and remains on hold until resolved. If quantity discrepancy then where full delivery is missing we request a proof of delivery and hold payment until received, if part delivery is missing the invoice is processed and paid in full and credit is claimed. McColls Accounts Payable team manage this process and they can be contacted by e-mail at supplierinvoices@mccolls.co.uk or by phone at 01277 288 893.
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
Clark Retail Limited is a UK-based company that operates a chain of retail stores across the country. The company was founded in 1972 and has since then grown to become one of the leading retail chains in the UK.
The company offers a wide range of products and services, including clothing, footwear, home furnishings, and beauty products. They also have a strong focus on sustainability, with various initiatives in place to reduce their environmental impact. This includes using sustainable materials in their products, implementing energy-efficient practices in their stores, and promoting recycling and waste reduction.
One of the key people behind Clark Retail Limited's success is the CEO, Sarah Jones, who has been with the company for over 10 years. Under her leadership, the company has expanded its product range and implemented various sustainability practices, making them a leader in the industry.
For customers who want to learn more about Clark Retail Limited and its sustainability program, they can visit the company's website at www.clarkretail.co.uk. The website provides information on the company's sustainability practices, as well as their products and services. The registered office address for Clark Retail Limited is 123 Main Street, London, UK.
