SHOE ZONE RETAIL LIMITED
Company Information
- Company Number
- 00148038
- Registered Address
- Haramead Business Centre, Humberstone Road, Leicester, Leicestershire, LE1 2LH
- Status
- Active
- Employee Count
- 2,464
- Turnover
- £161,322,000
- EBITDA
- £29,586,000
Additional Details
- Website
- http://shoezone.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 21 July 1917
- Nature of Business
- 47721 - Retail sale of footwear in specialised stores
- Industries
- Commerce Models, Fashion
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average payment time of 39 days, combined with only 36% of invoices settled within 30 days, indicates a consistent trend of payments exceeding standard net-30 terms. A substantial 47% of payments fall into the 31-60 day bracket, establishing a regular pattern of extended payment cycles. This trajectory suggests an inherent tendency towards payments being received after the typical first-month period.
Volatility Analysis
Reliability for prompt payment is low, as 70% of invoices are paid late, introducing significant uncertainty into expected receipt dates. While 47% of payments fall predictably within the 31-60 day window, the 17% extending beyond 60 days presents a notable risk of severe and unpredictable delays. The overall pattern suggests payments are consistently late, impacting cash flow predictability for suppliers.
Summary Analysis
Suppliers should anticipate payment terms to consistently extend beyond 30 days, with a high probability of receiving payment between 31 and 60 days. Key decision factors include the potential impact on supplier cash flow and the need for robust credit term management. To mitigate risk, consider negotiating shorter contractual payment terms, requiring upfront deposits for new or larger orders, or implementing clear late payment penalties.
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 |
|---|---|---|---|---|---|---|
| 31 Mar 2019 - 05 Oct 2019 | 30 Oct 2019 | 39 | 36% | 47% | 17% | 70% |
| 30 Sept 2018 - 30 Mar 2019 | 29 Apr 2019 | 39 | 37% | 45% | 18% | 69% |
| 01 Apr 2018 - 30 Sept 2018 | 23 Oct 2018 | 41 | 36% | 44% | 20% | 70% |
| 01 Oct 2017 - 31 Mar 2018 | 27 Apr 2018 | 41 | 34% | 45% | 21% | 71% |
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 standard payment terms for suppliers of resale goods are 60 days. Terms with other suppliers vary according to the nature of product or service.
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
90
Dispute Resolution Process
Any dispute should be directed, in the first instance, to the individual or department outlined on our purchase order. If necessary the dispute will be escalated to senior management. We aim to resolve any dispute in a timely and efficient manner. Upon resolution payment will be made on the next payment run.
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
SHOE ZONE RETAIL LIMITED is an active private limited company operating in the retail sector, specialising in footwear. Its company name clearly indicates its focus on the retail sale of shoes.
The company was incorporated on 21 July 1917 and is registered under company number 00148038. Its registered office is located at Haramead Business Centre, Humberstone Road, Leicester, Leicestershire, LE1 2LH, situating it within the East Midlands region.
As a retail company specialising in footwear in the UK market, SHOE ZONE RETAIL LIMITED typically offers a diverse selection of shoes for men, women, and children. This range commonly includes casual and formal footwear, boots, sandals, and trainers, often provided through both physical stores and online retail platforms.
