SELFRIDGES RETAIL LIMITED
Company Information
- Company Number
- 00097117
- Registered Address
- 400 Oxford St, London, W1A 1AB
- Status
- Active
- Employee Count
- 3,127
- Turnover
- £843,700,000
- EBITDA
- £151,300,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 March 1908
- Nature of Business
- 47190 - Other retail sale in non-specialised stores
- Industries
- Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
- Region
- London
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 |
|---|---|---|---|---|---|---|
| 05 Jan 2025 - 05 Jul 2025 | 23 Jul 2025 | 30 | 59% | 31% | 10% | 12% |
| 04 Aug 2024 - 04 Jan 2025 | 28 Jan 2025 | 30 | 61% | 29% | 10% | 12% |
| 31 Jul 2023 - 04 Feb 2024 | 22 Feb 2024 | 32 | 57% | 30% | 13% | 15% |
| 30 Jan 2023 - 30 Jul 2023 | 24 Aug 2023 | 35 | 54% | 25% | 21% | 18% |
| 01 Aug 2022 - 29 Jan 2023 | 23 Feb 2023 | 36 | 49% | 31% | 20% | 26% |
| 31 Jan 2022 - 31 Jul 2022 | 19 Aug 2022 | 35 | 50% | 31% | 19% | 28% |
| 02 Aug 2021 - 30 Jan 2022 | 28 Feb 2022 | 34 | 54% | 29% | 17% | 30% |
| 01 Feb 2021 - 01 Aug 2021 | 27 Aug 2021 | 38 | 48% | 27% | 25% | 32% |
| 03 Aug 2020 - 31 Jan 2021 | 25 Feb 2021 | 38 | 46% | 32% | 22% | 37% |
| 03 Feb 2020 - 02 Aug 2020 | 11 Sept 2020 | 39 | 45% | 29% | 26% | 45% |
| 03 Aug 2019 - 02 Feb 2020 | 02 Mar 2020 | 35 | 52% | 29% | 19% | 36% |
| 03 Aug 2018 - 02 Feb 2019 | 05 Mar 2019 | 33 | 55% | 31% | 14% | 31% |
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
Goods not for resale – net payment by end of month following month of invoice. Goods for resale 21 days - 60 days Concession Partners up to 42 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
• Standard payment terms vary dependent on the nature of the contract, as described above. • We work hard to maintain a positive and fair relationship with our suppliers and endeavour to pay all suppliers within their agreed payment terms.
Maximum contractual payment period agreed
100
Dispute Resolution Process
• Invoices displaying a different cost price to the agreed purchase order will be queried with the relevant buyer, if price on the invoice is correct then the invoice will be fully paid, however, if our buyer confirms Selfridges’ price is correct a debit note will be raised and deducted from the invoice at point of payment. Any queries on the related debit will initially be directed back to the relevant buyer and then dispute follows line management escalation within finance team to resolve. • Invoices received with a quantity discrepancy to items received/not received on system, a POD is requested from the relevant company to prove goods have been delivered. The POD is then sent to our warehouse for validation and dependant on outcome from warehouse: a) Warehouse can confirm goods have not be received using their paperwork, AP will go back to supplier confirming goods haven’t been received and raise the relevant debit and deduct at point of payment b) Warehouse cannot identify a shortage in the delivery, AP to further investigate with stock audit / buying dept, if confirmed goods have been received pay invoice in full. Any queries on the related debit will follow line management escalation within finance team to resolve. • Any discrepancies are escalated to our Accounts Processing Managers to investigate and resolve.
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
Selfridges Retail Limited is a British luxury department store chain with its headquarters in London, England. The company was founded in 1908 by Harry Gordon Selfridge and is known for its high-end fashion, accessories, beauty products, and home goods.
The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing waste, and promoting ethical and sustainable sourcing practices for their products.
Selfridges offers a wide range of luxury products from renowned brands such as Gucci, Prada, and Chanel, as well as their own in-house brand. They also have a selection of sustainable and ethically produced products, including clothing made from organic and recycled materials.
The key people at Selfridges Retail Limited include Anne Pitcher, the Managing Director, and Simon Forster, the Director of Sustainability. They have been instrumental in driving the company's sustainability efforts and promoting ethical practices within the fashion industry.
The company has a strong online presence and customers can shop their products through their website, which also features their sustainability initiatives and partnerships. Selfridges' registered office address is 400 Oxford Street, London, W1A 1AB.
In summary, Selfridges Retail Limited is a prestigious luxury department store chain with a strong commitment to sustainability. With a wide range of high-end products and a focus on ethical and responsible practices, the company continues to be a leader in the fashion industry.
