Industry ranking
Score of 82.1/100 qualifies for PaymentCheck Certification
| 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 24 | 76% | 21% | 3% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 22 | 85% | 13% | 2% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 21 | 89% | 9% | 2% | 16% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 21 | 88% | 9% | 3% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 31 | 88% | 9% | 3% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 22 | 87% | 10% | 3% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 22 | 86% | 12% | 2% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 26 | 83% | 12% | 5% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 25 Jul 2024 | 23 | 83% | 14% | 3% | 20% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 24 | 80% | 13% | 7% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 26 | 79% | 15% | 6% | 21% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 21 | 89% | 8% | 3% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 18 | 85% | 12% | 3% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 16 | 89% | 10% | 1% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless otherwise agreed in advance with suppliers, standard payment terms are set at 30 days of receipt of a valid invoice We would however look to reduce these to a minimum of 7 days to support our smaller independent suppliers Supplier credit notes are utilised in line with their individual terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We have annual billing paid by DD on a monthly basis re: Councils and Business Rates, Car Charges etc.
Maximum contractual payment period agreed
60
Every case is considered on an individual basis Evidence is collected from both parties to support / query the charge Communication is upheld with Supplier with regards to query with emphasis on resolving Disputes for Le Creuset UK suppliers can be raised by emailing Finance.uk@lecreuset.com
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.
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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.
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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.
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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
Le Creuset U.K. Limited is the UK arm of Le Creuset, selling cookware and kitchenware through its own online store and retail channels. The company's own site describes it as crafting colourful cookware, including cast iron casseroles, since 1925, designed to suit different cooks and last generations. Companies House records list its business activities as wholesale of household goods and retail sale of new goods in specialised stores, consistent with selling kitchenware to trade and consumer customers. The company is registered in Andover, England, and has been active since its incorporation in 1948.
Generated from the company's website and Companies House records. Sources: lecreuset.co.uk