KURT GEIGER LIMITED
Company Information
- Company Number
- 00968046
- Registered Address
- 24 Britton Street, London, EC1M 5UA
- Status
- Active
- Employee Count
- 1,329
- Turnover
- £304,892,000
- EBITDA
- £26,997,000
Additional Details
- Website
- https://www.kurtgeiger.com/
- Company Type
- Private limited Company
- Incorporated On
- 10 December 1969
- Nature of Business
- 47721 - Retail sale of footwear in specialised stores
- Industries
- Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
- Region
- London
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 |
|---|---|---|---|---|---|---|
| 01 Aug 2023 - 31 Jan 2024 | 23 May 2024 | 74 | 11% | 32% | 57% | 40% |
| 01 Feb 2023 - 31 Jul 2023 | 23 May 2024 | 69 | 14% | 33% | 53% | 40% |
| 02 Aug 2020 - 30 Jan 2021 | 21 Jun 2022 | 96 | 8% | 23% | 69% | 70% |
| 28 Jul 2019 - 01 Feb 2020 | 21 Jun 2022 | 76 | 9% | 30% | 61% | 44% |
| 28 Jul 2018 - 26 Jan 2019 | 27 Feb 2019 | 62 | 16% | 35% | 49% | 32% |
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
Kurt Geiger Limited’s standard payment period is 60-days from the reference date and subject to a standard payment cycle. The reference date will vary depending on the nature of the underlying supply of goods and the contractual arrangements regarding delivery of those goods or services. The broad categories relate to provision of goods and services which are due from invoice date in the absence of a separate payment cycle agreed in the underlying contract (for example such as rent), or goods manufactured for re-sale. The reference point for the provision of goods manufactured for re-sale is based on the underlying agreement with the supplier which can vary from receipt of goods at a specified destination, to a consignment arrangement, whereby the amount due is linked to resale value over the course of a season, following which payment becomes due. A settlement discount is typically agreed in respect of the provision of goods for resale. Delays to settlement can occur in certain circumstances such as, invoice discrepancies, or delivery related matters.
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
90
Dispute Resolution Process
Payment disputes raised by suppliers are directed either to the person/department responsible for the purchase or the Accounts payable team. The aim is to resolve all queries as quickly as possible. Where there are disputes on quantity or quality of the products ordered, the supplier will be informed as soon as Kurt Geiger accounts payable team is made aware of the issue.
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
Kurt Geiger Limited is a British fashion company that specializes in luxury footwear and accessories. The company was founded in 1963 and has since become a leading brand in the fashion industry.
The company's sustainability program is focused on reducing their environmental impact, promoting ethical practices, and supporting charitable causes. They have implemented measures such as using sustainable materials, reducing waste and carbon emissions, and supporting fair labor practices in their supply chain.
Kurt Geiger Limited offers a wide range of products including shoes, bags, and accessories for both men and women. Their products are known for their high-quality materials and stylish designs, making them a popular choice among fashion-conscious consumers.
The key people at Kurt Geiger Limited include the CEO, Neil Clifford, who has been with the company since 2011, and the Creative Director, Rebecca Farrar-Hockley, who has been with the company since 2005. Their combined expertise and vision have helped drive the company's success and growth.
The company's website address is www.kurtgeiger.com, where customers can browse and purchase their products online. They also have physical stores located across the UK and in other countries such as the US, Europe, and Asia.
The registered office address for Kurt Geiger Limited is at 24 Britton Street, London, EC1M 5UA, United Kingdom. This is where the company's headquarters are located and where customers can contact them for any inquiries or feedback.
In summary, Kurt Geiger Limited is a renowned British fashion brand that offers high-quality and stylish footwear and accessories. They have a strong commitment to sustainability and ethical practices, and their key people have played a significant role in the company's success. With their online and physical presence, customers can easily access their products and services, making them a prominent player in the fashion industry.
