LAURA ASHLEY LIMITED
Company Information
- Company Number
- 00531301
- Registered Address
- FRP ADVISORY TRADING LIMITED, 2nd Floor, 110 Cannon Street, London, EC4N 6EU
- Status
- Liquidation
- Employee Count
- 2,561
- Turnover
- £243,354,000
- EBITDA
- £1,201,000
Additional Details
- Website
- https://lauraashley.com/
- Company Type
- Private limited Company
- Incorporated On
- 31 March 1954
- Nature of Business
- 47510 - Retail sale of textiles in specialised stores47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store47710 - Retail sale of clothing in specialised stores47910 - Retail sale via mail order houses or via Internet
- Industries
- Fashion, Property-related Goods And Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 |
|---|---|---|---|---|---|---|
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 29 | 67% | 27% | 6% | 30% |
| 01 Jan 2019 - 30 Jun 2019 | 28 Jul 2019 | 38 | 45% | 44% | 11% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 40 | 40% | 48% | 12% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 42 | 36% | 50% | 14% | 25% |
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
The standard is 60 days from invoice dates. Any departure from this needs to be authorised by the Chief Financial Officer.
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
60
Dispute Resolution Process
The suppliers will contact the accounts payable team who will resolve all the issues most of the cases. In rare cases, if the queries are not sorted, them they are escalated to Management.
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
Laura Ashley Limited is a British-based company that specializes in home furnishings and fashion. It was founded in 1953 by Laura and Bernard Ashley and has since grown into a global brand with a focus on sustainability.
The company's sustainability program is centered around their commitment to environmental responsibility and ethical sourcing. They have set targets to reduce their carbon footprint and water usage, as well as increase the use of sustainable materials in their products.
Laura Ashley Limited offers a wide range of products, including furniture, home decor, clothing, and accessories. Their products are known for their classic, timeless designs and high-quality materials.
The key people at Laura Ashley Limited include Chairman Andrew Khoo, CEO Katherine Poulter, and Creative Director Rebecca Shamash. They lead a team of talented designers, buyers, and employees who are dedicated to upholding the company's values and delivering exceptional products to their customers.
For more information about Laura Ashley Limited and their products, customers can visit their website at www.lauraashley.com. The company's registered office address is located at 27 Bagleys Lane, Fulham, London, SW6 2QA, United Kingdom.
In summary, Laura Ashley Limited is a well-established British brand that offers sustainable and high-quality home furnishings and fashion products. With a strong commitment to sustainability and a team of dedicated individuals, the company continues to thrive and provide customers with timeless designs.
