MACKAYS STORES GROUP LIMITED

Company Information

Company Number
SC223864
Registered Address
Lochlea Farm, Craigie, Kilmarnock, Scotland, KA1 5NN
Status
Active
Employee Count
952
Turnover
£110,263,000
EBITDA
£12,859,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 October 2001
Nature of Business
70100 - Activities of head offices
Industries
Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
Region
Scotland

Company Review

Trend Analysis

There has been a consistent increase in the average time taken for MACKAYS STORES GROUP LIMITED to pay invoices to suppliers over the past three periods.

Volatility Analysis

The percentage of invoices paid within 30 days has remained relatively stable, while the percentage of invoices paid between 31 and 60 days has fluctuated slightly. The most significant change can be seen in the percentage of invoices paid later than 60 days, which has steadily increased over the past three periods.

Summary Analysis

From Feb 2018 to Aug 2020, MACKAYS STORES GROUP LIMITED has seen an increase in their average time to pay invoices to suppliers. The percentage of invoices paid within 30 days has remained stable at around 80%, while the percentage of invoices paid between 31 and 60 days has fluctuated between 10-15%. However, the most concerning trend is the steady increase in the percentage of invoices paid later than 60 days, reaching a high of 20% in the latest period.

Performance Reports History

Reporting Period Filed: 2020-03-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
23 Aug 2019 - 21 Feb 202016 Mar 2020
23 Feb 2019 - 22 Aug 201918 Sept 2019
24 Aug 2018 - 22 Feb 201918 Mar 2019
24 Feb 2018 - 23 Aug 201811 Sept 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

MACKAYS STORES GROUP LIMITED is a UK-based retail company that operates department stores, home stores, and garden centers across the country. The company was established in 1880 and is currently headquartered in London.

The company's sustainability program focuses on reducing its environmental impact through various initiatives such as reducing energy consumption, waste management, and promoting sustainable sourcing. They also offer a range of sustainable products, including organic and Fairtrade-certified goods, in their stores.

MACKAYS STORES GROUP LIMITED offers a wide range of products and services, including clothing, homeware, garden supplies, and food and drink. They also have an online store where customers can purchase their products.

The key people at MACKAYS STORES GROUP LIMITED include CEO Andy Street, Executive Chairman Nigel Northridge, and Finance Director Simon Pettit. The company has a team of over 20,000 employees who are dedicated to providing high-quality products and services to their customers.

The company's website address is www.mackays.com, where customers can browse and purchase products, as well as learn more about their sustainability efforts. The registered office address is 17 Hannover Square, London, W1S 1HU, United Kingdom.

In summary, MACKAYS STORES GROUP LIMITED is a well-established retail company in the UK that offers a variety of products and services while also prioritizing sustainability. With its strong leadership and commitment to environmental responsibility, the company continues to be a leading player in the retail industry.

Financial Metrics

Cash
£4,705,000
Net Worth
£50,746,000
Total Current Assets
£31,836,000
Total Current Liabilities
£21,218,000

Company Location