MORLEYS STORES LIMITED
Company Information
- Company Number
- 00054257
- Registered Address
- 472-488 Brixton Road, London, SW9 8EH
- Status
- Active
- Employee Count
- 763
- Turnover
- £67,263,000
- EBITDA
- £10,568,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 October 1897
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Coming Soon
- Region
- London
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 Feb 2025 - 31 Jul 2025 | 27 Aug 2025 | 24 | 87% | 11% | 2% | 11% |
| 01 Aug 2024 - 31 Jan 2025 | 26 Aug 2025 | 29 | 63% | 29% | 8% | 21% |
| 01 Aug 2023 - 31 Jan 2024 | 05 Jul 2024 | 38 | 47% | 43% | 10% | 16% |
| 01 Feb 2023 - 31 Jul 2023 | 05 Jul 2024 | 31 | 52% | 41% | 6% | 16% |
| 01 Aug 2019 - 01 Feb 2020 | 10 Mar 2020 | 24 | 84% | 10% | 6% | 85% |
| 01 Feb 2019 - 31 Jul 2019 | 04 Oct 2019 | 37 | 71% | 17% | 11% | 16% |
| 01 Aug 2018 - 31 Jan 2019 | 16 Oct 2019 | 36 | 72% | 16% | 13% | 15% |
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
Immediate payment, 7 Days, 10 Days, 14 Days, 21 Days, 30 Days, 45 Days, 60 Days, 105 Days
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
105
Dispute Resolution Process
Delays to paying suppliers is mainly due to non-receipt of invoice. Suppliers are encouraged to send invoices electronically and regular statements so they are paid on time.
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
Morleys Stores Limited is a British department store chain that was founded in 1881 and currently operates 10 stores across London and the South East of England
The company offers a wide range of products and services, including fashion, beauty, home goods, and electronics.\n\nThe company is committed to sustainability and has implemented various initiatives to reduce their environmental impact
These include using renewable energy sources, reducing plastic packaging, and promoting sustainable and ethical sourcing of products.\n\nMorleys Stores Limited has a strong team of key people, including Chairman Mark Bittlestone and Managing Director David Hordle
They are dedicated to providing high-quality products and excellent customer service.\n\nCustomers can visit the company's website at www.morleys.co.uk to shop online and find store locations, opening hours, and contact information
The registered office address for Morleys Stores Limited is 7-11 Minerva Road, Park Royal, London, NW10 6HJ.\n\nIn summary, Morleys Stores Limited is a well-established department store chain in the UK, offering a wide range of products and services
They are committed to sustainability and have a strong team of leaders driving the company forward
Customers can visit their website for more information and to shop online
