HARRODS LIMITED

PaymentCheck Score 2025
62Fair
0.3vs last year
#2942 in UK
#71 in Events And Venues
#1164 in London

Company Information

Company Number
00030209
Registered Address
87/135 Brompton Road, London, SW1X 7XL
Status
Active
Employee Count
4,420
Turnover
£894,600,000
EBITDA
£187,200,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 November 1889
Nature of Business
47190 - Other retail sale in non-specialised stores
Industries
Events And Venues, Food And Drink
Region
London

Time to Pay

Average Time to Pay
32 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
35%
31-60 Days
60%
After 60 Days
5%
Not Paid Within Terms23%

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: 2025-03-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
02 Feb 2025 - 02 Aug 202501 Sept 20253235%59%6%21%
04 Aug 2024 - 01 Feb 202525 Mar 20253235%60%5%23%
30 Jul 2023 - 03 Feb 202428 Feb 20243234%60%6%23%
29 Jan 2023 - 28 Jul 202309 Aug 20233331%61%7%25%
31 Jul 2022 - 28 Jan 202308 Mar 20233335%57%8%94%
30 Jan 2022 - 30 Jul 202230 Aug 20223335%56%9%30%
01 Aug 2021 - 29 Jan 202213 Apr 20223430%61%9%24%
31 Jan 2021 - 31 Jul 202119 Aug 20213527%65%8%25%
02 Aug 2020 - 30 Jan 202123 Feb 20213627%65%8%23%
02 Feb 2020 - 01 Aug 202024 Aug 20203627%65%8%25%
04 Aug 2019 - 01 Feb 202028 Feb 20203428%66%6%23%
05 Aug 2018 - 02 Feb 201919 Feb 20193329%65%6%21%

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: Merchandise 30 days. Non-Merchandise 60 days Any invoices due will be paid the following Monday in line with Harrods’ weekly payment run.

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

75

Dispute Resolution Process

Any queries regarding payment and invoices should be raised with the Accounts Payable team. Once resolved, the invoice will be paid in the next payment run in accordance with payment terms.

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

HARRODS LIMITED is a luxury department store located in London, England. It was founded in 1834 and is known for its high-end products and impeccable customer service.

The store offers a wide range of products including fashion, beauty, home goods, and food. They are committed to sustainability and have implemented various initiatives to reduce their carbon footprint, such as using energy-efficient lighting and promoting recycling. They also work with their suppliers to ensure ethical and sustainable sourcing of their products.

The company's CEO is Michael Ward, who has been with the company since 2005. He is responsible for overseeing the overall operations and strategic direction of the store.

HARRODS LIMITED also has a strong online presence, offering a convenient and seamless shopping experience through their website. They also have a customer service team available for any inquiries or assistance.

The registered office address for HARRODS LIMITED is 87-135 Brompton Road, Knightsbridge, London, SW1X 7XL, United Kingdom. Their website is www.harrods.com. As one of the most prestigious and iconic department stores in the world, HARRODS LIMITED continues to provide exceptional products and services while also prioritizing sustainability for a better future.

Financial Metrics

Cash
£33,400,000
Net Worth
£2,366,600,000
Total Current Assets
£997,000,000
Total Current Liabilities
£370,700,000

Company Location