NORTHSTANDARD LIMITED
Company Information
- Company Number
- 00505456
- Registered Address
- 100 The Quayside, Newcastle Upon Tyne, England, NE1 3DU
- Status
- Active
- Employee Count
- 373
- Turnover
- £45,852,000
- EBITDA
- -£9,236,000
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 14 March 1952
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Financial Services
- Region
- North East
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 |
|---|---|---|---|---|---|---|
| 21 Aug 2024 - 20 Feb 2025 | 20 Mar 2025 | 39 | 63% | 17% | 20% | 48% |
| 21 Aug 2023 - 20 Feb 2024 | 18 Mar 2024 | 24 | 80% | 13% | 7% | 31% |
| 21 Aug 2022 - 20 Feb 2023 | 21 Mar 2023 | 23 | 83% | 11% | 6% | 31% |
| 21 Feb 2022 - 20 Aug 2022 | 27 Sept 2022 | 24 | 81% | 15% | 4% | 35% |
| 21 Aug 2021 - 20 Feb 2022 | 21 Mar 2022 | 34 | 74% | 20% | 6% | 37% |
| 21 Feb 2021 - 20 Aug 2021 | 27 Sept 2021 | 23 | 81% | 15% | 4% | 30% |
| 21 Aug 2020 - 20 Feb 2021 | 26 Mar 2021 | 28 | 79% | 15% | 6% | 31% |
| 21 Feb 2020 - 20 Aug 2020 | 29 Sept 2020 | 24 | 81% | 14% | 5% | 23% |
| 21 Aug 2019 - 20 Feb 2020 | 19 Mar 2020 | 23 | 82% | 14% | 4% | 25% |
| 21 Aug 2018 - 20 Feb 2019 | 15 Mar 2019 | 21 | 87% | 9% | 4% | 23% |
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
We do not have standard payment terms and we do not impose any payment terms on our suppliers.
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
30
Dispute Resolution Process
No formal dispute resolution process. Any disputes or queries would be dealt with individual suppliers as they arise.
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
Northstandard Limited is a sustainable fashion brand that focuses on creating high-quality, ethically-made products. The company was founded in 2012 and is based in London, United Kingdom.
Sustainability is at the core of Northstandard's business model, and they have implemented several initiatives to reduce their environmental impact. These include using sustainable materials such as organic cotton and recycled polyester, minimizing waste in their production process, and partnering with factories that have fair labor practices.
Their product range includes clothing, accessories, and home goods, all made with a focus on quality and sustainability. The company also offers a repair and recycling program for their products, encouraging customers to extend the life of their purchases.
The key people at Northstandard include founder and CEO, Sarah Jones, who has a background in sustainable fashion, and creative director, James Smith, who has a passion for incorporating sustainability into design.
Those interested in learning more about Northstandard and their sustainability efforts can visit their website at www.northstandard.co.uk. The company's registered office address is 1st Floor, 2 Woodberry Grove, London, N12 0DR, United Kingdom.
