ADIDAS (U.K.) LIMITED
Company Information
- Company Number
- 01075951
- Registered Address
- The Adidas Centre, Pepper Road, Hazel Grove, Stockport, Cheshire., SK7 5SA
- Status
- Active
- Employee Count
- 1,599
- Turnover
- £1,236,099,000
- EBITDA
- £72,627,000
Additional Details
- Website
- https://adidas.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 10 October 1972
- Nature of Business
- 46410 - Wholesale of textiles46420 - Wholesale of clothing and footwear47640 - Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
- Industries
- Creative,Media And Publishing
- Region
- North West
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 Jul 2022 - 31 Dec 2022 | 02 Feb 2023 | 50 | 22% | 63% | 16% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 48 | 26% | 63% | 11% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 50 | 27% | 59% | 14% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 46 | 29% | 61% | 10% | 28% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 43 | 37% | 49% | 14% | 46% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 23 | 61% | 37% | 2% | 42% |
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
Adidas UK LTD's standard payment terms for the majority of its suppliers are 60 days from the date on which the invoice was received.
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
Adidas UK LTD advises that all invoices must contain a Purchase order number which is given to suppliers by our procurement team once the order is approved. This purchase order contains a section that details whom to contact with queries and the email address aukaccountspayable@adidas.com
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.
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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.
❌
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
ADIDAS (U.K.) LIMITED is a multinational corporation that specializes in the production and distribution of sports apparel, footwear, and accessories. The company was established in 1949 and is headquartered in London, United Kingdom. Adidas (U.K.) Limited is a subsidiary of the German sportswear giant, Adidas AG.
The company's sustainability program, called "Sport Needs Creators," aims to create a positive impact on society and the environment through its operations. They have set ambitious goals to reduce their carbon footprint, improve water management, and promote sustainable materials in their products. Adidas (U.K.) Limited is also committed to promoting diversity and inclusion within its workforce and supply chain.
The company offers a wide range of products for various sports such as football, running, training, and lifestyle. Their products are designed with the latest technology and innovative materials to enhance performance and comfort for athletes. Adidas (U.K.) Limited also has a line of sustainable products, including shoes made from ocean plastic and recycled materials.
The key people at Adidas (U.K.) Limited include Kasper Rorsted, the CEO of Adidas AG, and Stewart Mancey, the Managing Director of Adidas (U.K.) Limited. They are both dedicated to driving the company's success and promoting its sustainability efforts.
To contact Adidas (U.K.) Limited, individuals can visit their website at https://www.adidas.co.uk/ or reach out to their registered office address at 1 The Village, Westfield London Shopping Centre, Ariel Way, London, W12 7GF. The company also has a strong online presence on social media platforms where customers can engage with the brand and stay updated on their latest products and sustainability initiatives.
