HARRODS INTERNATIONAL LIMITED

PaymentCheck Score 2025
48Poor
2.2vs last year
#3781 in UK
#1353 in London

Company Information

Company Number
00676533
Registered Address
87/135 Brompton Road, London, SW1X 7XL
Status
Active
Employee Count
141
Turnover
£55,903,000
EBITDA
£9,430,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 November 1960
Nature of Business
47190 - Other retail sale in non-specialised stores
Industries
Supply Chain
Region
London

Time to Pay

Average Time to Pay
37 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
19%
31-60 Days
74%
After 60 Days
7%
Not Paid Within Terms48%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-03-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
02 Feb 2025 - 02 Aug 202501 Sept 20253714%75%11%41%
04 Aug 2024 - 01 Feb 202525 Mar 20253719%74%7%48%
30 Jul 2023 - 03 Feb 202428 Feb 20243339%53%8%56%
29 Jan 2023 - 28 Jul 202309 Aug 20234317%66%17%64%
31 Jul 2022 - 28 Jan 202308 Mar 20235117%51%32%99%
30 Jan 2022 - 30 Jul 202230 Aug 20223839%45%16%70%
01 Aug 2021 - 29 Jan 202213 Apr 2022469%70%21%43%
31 Jan 2021 - 31 Jul 202119 Aug 20214321%62%17%60%
02 Aug 2020 - 30 Jan 202123 Feb 2021435%79%16%40%
02 Feb 2020 - 01 Aug 202024 Aug 2020397%85%7%26%
04 Aug 2019 - 01 Feb 202028 Feb 20203510%85%5%20%
05 Aug 2018 - 02 Feb 201919 Feb 20193515%80%5%24%

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

Standard Payment Terms: Merchandise 30 days. Non-Merchandise 60 days Any invoices due will be paid the following Monday in line with Harrods’ weekly payment run.

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

75

Dispute Resolution Process

Any queries regarding payment and invoices should be raised with the Accounts Payable team. Once resolved, the invoice will be paid in the next payment run in accordance with payment terms.

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

Harrods International Limited is a luxury department store based in London, United Kingdom. The company was founded in 1834 and has since become one of the most iconic and prestigious retail brands in the world. Harrods offers a wide range of high-end products and services, including fashion, beauty, food, and home goods.

As a company, Harrods is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability team that works towards reducing waste, promoting responsible sourcing, and implementing energy-efficient practices. Harrods also supports various charitable and community initiatives, including their partnership with the Royal British Legion to support veterans and their families.

The store's flagship location in Knightsbridge spans over 1 million square feet and features over 330 departments, making it one of the largest and most diverse shopping destinations in the world. It is also home to several restaurants, including the iconic Harrods Food Halls, which offers a wide selection of gourmet food and beverages.

The key people at Harrods include Michael Ward, the Managing Director, and the Al-Fayed family, who acquired the store in 1985. They have also collaborated with numerous luxury brands such as Chanel, Dior, and Gucci to offer exclusive products and services to their customers.

The registered office address for Harrods International Limited is 87-135 Brompton Road, Knightsbridge, London, SW1X 7XL, United Kingdom. Their website, www.harrods.com, offers online shopping, information about the store's history and services, and their sustainability efforts. In addition to their flagship store, Harrods also has several international locations, including outlets in Dubai and Kuala Lumpur.

Financial Metrics

Cash
£1,146,000
Net Worth
£19,760,000
Total Current Assets
£15,547,000
Total Current Liabilities
£15,799,000

Company Location