| 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 |
|---|---|---|---|---|---|---|
| 02 Dec 2024 - 01 Jun 2025 | 13 Jun 2025 | 34 | 57% | 34% | 9% | 58% |
| 27 May 2024 - 01 Dec 2024 | 16 Dec 2024 | 50 | 52% | 34% | 14% | 55% |
| 27 Nov 2023 - 26 May 2024 | 28 Jun 2024 | 35 | 58% | 30% | 12% | 56% |
| 29 May 2023 - 26 Nov 2023 | 21 Dec 2023 | 40 | 7% | 74% | 19% | 64% |
| 28 Nov 2022 - 28 May 2023 | 28 Jun 2023 | 47 | 58% | 26% | 16% | 61% |
| 29 Nov 2021 - 29 May 2022 | 23 Jun 2022 | 49 | 57% | 27% | 16% | 59% |
| 31 May 2021 - 28 Nov 2021 | 14 Dec 2021 | 49 | 55% | 31% | 14% | 50% |
| 30 Nov 2020 - 30 May 2021 | 16 Jun 2021 | 51 | 50% | 29% | 19% | 46% |
| 25 May 2020 - 29 Nov 2020 | 17 Dec 2020 | 37 | 52% | 35% | 13% | 42% |
| 27 Nov 2018 - 26 May 2019 | 18 Jun 2019 | 19 | 76% | 17% | 7% | 62% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms are 60 days. Critical vendors such as rent and utilities are paid dependant upon agreed vendor terms. Where possible these are paid by direct debit. Terms do vary on occasion based on individual agreements with 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
60
For invoices that relate to a Purchase Order, payment disputes are initially found during the 3 way match process. The Accounts Payable team will reach out to the business affiliate that raised the initial Purchase Requisition to determine whether the Purchase Order is incorrect or whether an adjustment is required by the vendor. Non PO invoices are sent out for review and approval prior to processing. Disputes could be handled by either the Levi business affiliate or by the Accounts Payable department.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
LEVI STRAUSS (U.K.) LIMITED is a subsidiary of the global clothing company, Levi Strauss & Co. The company is committed to sustainability and has a strong focus on environmental and social responsibility.
Their sustainability program, called "Levi Strauss & Co. Sustainability", aims to minimize the environmental impact of their operations and promote sustainable practices throughout their supply chain. This includes reducing water usage, using sustainable materials, and promoting fair labor practices.
The company offers a wide range of products, including denim jeans, jackets, and other clothing items for men, women, and children. Their products are known for their quality, durability, and timeless style.
Key people in the company include Managing Director, Richard Hurren, and Director of Sustainability, Michael Kobori.
The registered office address for LEVI STRAUSS (U.K.) LIMITED is located in London, and their website is www.levi.com/UK. The website provides information about their sustainability efforts, products, and store locations. Customers can also contact the company through their website for any inquiries or feedback.
In summary, LEVI STRAUSS (U.K.) LIMITED is a socially and environmentally responsible company that offers high-quality and sustainable clothing products. With a strong commitment to sustainability and a wide range of products, the company continues to be a leader in the fashion industry.