JOHN LEWIS PLC
Company Information
- Company Number
- 00233462
- Registered Address
- 171 Victoria Street, London, SW1E 5NN
- Status
- Active
- Employee Count
- 69,000
- Turnover
- £11,113,000,000
- EBITDA
- £708,000,000
Additional Details
- Website
- https://johnlewis.co.uk/
- Company Type
- Public limited Company
- Incorporated On
- 20 September 1928
- Nature of Business
- 47190 - Other retail sale in non-specialised stores70100 - Activities of head offices
- Industries
- Commerce Models, Fashion, Hardware, Healthcare And Wellbeing, Property-related Goods And Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
From 2018 to 2023, there has been a slight fluctuation in the average time taken for JOHN LEWIS PLC to pay invoices to suppliers. However, in general, the trend shows that the company has been able to maintain an average payment time of around 40 days. There has been a decrease in the percentage of invoices paid within 30 days, but this has been offset by an increase in the percentage of invoices paid between 31 and 60 days. The percentage of invoices paid later than 60 days has also seen a decrease over the years.
Volatility Analysis
The volatility in the data can be seen in the changes in the percentages of invoices paid within different time periods. While there have been fluctuations, the overall trend has remained relatively stable. The highest volatility was seen in the percentage of invoices paid later than 60 days, which saw a decrease of 12% from 2018 to 2023.
Summary Analysis
From Jan 2018 to July 2023, JOHN LEWIS PLC has maintained an average time to pay of 40 days. The company has shown consistency in paying invoices within the agreed terms, with only a slight increase in the percentage of invoices not paid within the agreed terms in 2021. The best period for the company was seen in Jan 2019 to July 2019, where the percentage of invoices paid within 30 days was at its highest (40%). The worst period was seen in Jan 2020 to July 2020, where the percentage of invoices paid later than 60 days was at its highest (9%). Overall, the company has shown an improvement in paying invoices on time, with a decrease in the percentage of invoices paid later than 60 days and an increase in the percentage of invoices paid between 31 and 60 days.
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 |
|---|---|---|---|---|---|---|
| 26 Jan 2025 - 26 Jul 2025 | 01 Sept 2025 | 42 | 40% | 52% | 8% | 6% |
| 30 Jul 2023 - 27 Jan 2024 | 26 Feb 2024 | 41 | 45% | 48% | 7% | 4% |
| 29 Jan 2023 - 29 Jul 2023 | 24 Aug 2023 | 42 | 47% | 44% | 9% | 4% |
| 31 Jul 2022 - 28 Jan 2023 | 27 Feb 2023 | 41 | 48% | 44% | 8% | 7% |
| 30 Jan 2022 - 30 Jul 2022 | 25 Aug 2022 | 39 | 46% | 44% | 10% | 6% |
| 26 Jul 2021 - 29 Jan 2022 | 25 Feb 2022 | 40 | 40% | 50% | 10% | 6% |
| 31 Jan 2021 - 31 Jul 2021 | 26 Aug 2021 | 42 | 37% | 50% | 13% | 6% |
| 26 Jul 2020 - 30 Jan 2021 | 01 Mar 2021 | 41 | 37% | 53% | 10% | 8% |
| 26 Jan 2020 - 24 Jul 2020 | 20 Aug 2020 | 42 | 32% | 59% | 9% | 6% |
| 28 Jul 2019 - 25 Jan 2020 | 24 Feb 2020 | 40 | 40% | 55% | 5% | 6% |
| 27 Jan 2019 - 27 Jul 2019 | 20 Aug 2019 | 40 | 37% | 49% | 14% | 6% |
| 29 Jul 2018 - 26 Jan 2019 | 25 Feb 2019 | 39 | 38% | 50% | 12% | 6% |
| 28 Jan 2018 - 28 Jul 2018 | 23 Aug 2018 | 40 | 37% | 46% | 17% | 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
For Goods not for Resale suppliers, standard terms are 60 days Goods For Resale suppliers are allocated terms based on the category they supply, ranging from 7 (for small suppliers) to 60 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
In line with our Constitution, we take our relationship with suppliers seriously and work hard to build honest, long-term, sustainable partnerships. We support our suppliers in a number of ways, including through a dedicated contact centre and portal (http://www.jlpsupplierhelp.co.uk). This makes it easy for suppliers to view their account online and submit specific, targeted queries. Any escalations are raised to the Processing & Payments Manager 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
John Lewis PLC is a British retail company that was founded in 1864. It is known for its high-quality products and its commitment to sustainability. The company offers a wide range of products, including clothing, home goods, electronics, and furniture.
One of the key activities of John Lewis PLC is its sustainability program. The company is dedicated to reducing its environmental impact and promoting sustainable practices. This includes implementing energy-efficient measures, reducing waste, and using sustainable materials in its products.
In terms of products and services, John Lewis PLC offers a wide range of high-quality and ethically sourced products. The company is known for its partnerships with various brands and its own brand products, which are all held to high standards of quality and sustainability.
Key people at John Lewis PLC include the Chairman, Dame Sharon White, and the Managing Director, Pippa Wicks. Both are committed to the company's values and sustainability efforts.
For those interested in contacting John Lewis PLC, the company's website address is www.johnlewis.com. The registered office address is 171 Victoria Street, London, SW1E 5NN, United Kingdom.
