PHASE EIGHT (FASHION & DESIGNS) LIMITED
Company Information
- Company Number
- 01735454
- Registered Address
- 55 Kimber Road, London, United Kingdom, SW18 4NX
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 June 1983
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores47721 - Retail sale of footwear in specialised stores47910 - Retail sale via mail order houses or via Internet
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
PHASE EIGHT exhibits a significant trend of slow payment, with an average payment time of 75 days. A large portion of invoices, 40%, are paid over 60 days, indicating a consistent pattern of extended payment cycles. This trajectory suggests a habitual delay in payments rather than occasional anomalies, as nearly half (47%) of all payments are late.
Volatility Analysis
The high percentage of late payments (47%) and payments exceeding 60 days (40%) points to low reliability and predictability in payment timing. Suppliers face considerable uncertainty regarding when funds will be received, with a strong likelihood of payments extending well beyond standard 30-day terms. This pattern introduces substantial cash flow risk due to the consistent and extended delays.
Summary Analysis
Given the consistently slow average payment time of 75 days and 47% late payments, suppliers should anticipate significantly extended payment cycles when engaging with PHASE EIGHT. Key decision factors include the potential strain on working capital and the necessity to adjust pricing or terms to accommodate these delays. Risk mitigation strategies should involve negotiating stricter upfront payment terms, implementing robust credit control, or factoring in the cost of delayed payments.
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 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 75 | 23% | 37% | 40% | 47% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 60 | 42% | 36% | 22% | 39% |
| 01 Oct 2023 - 31 Mar 2024 | 02 May 2024 | 63 | 46% | 26% | 28% | 41% |
| 01 Apr 2023 - 30 Sept 2023 | 06 Dec 2023 | 63 | 35% | 30% | 35% | 63% |
| 01 Oct 2022 - 31 Mar 2023 | 19 May 2023 | 41 | 46% | 34% | 20% | 49% |
| 01 Apr 2022 - 30 Sept 2022 | 13 Dec 2022 | 43 | 46% | 30% | 24% | 45% |
| 01 Oct 2021 - 31 Mar 2022 | 24 May 2022 | 48 | 45% | 26% | 29% | 38% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 64 | 27% | 27% | 46% | 53% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 65 | 18% | 26% | 56% | 63% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 76 | 9% | 28% | 63% | 86% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 54 | 28% | 49% | 22% | 49% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 48 | 32% | 55% | 13% | 33% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 46 | 32% | 54% | 14% | 37% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 45 | 40% | 49% | 11% | 33% |
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
90 days 0-60 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
The Accounts Payable department is responsible for dispute resolution. Disputes are resolved by negotiation with each individual supplier to ensure that a satisfactory outcome is reached.
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
PHASE EIGHT (FASHION & DESIGNS) LIMITED is an active private limited company operating within the fashion and design sector.
Incorporated on 29 June 1983, the company holds the registration number 01735454. Its registered office is located at 55 Kimber Road, London, United Kingdom, SW18 4NX.
As a company in the fashion and design sector, PHASE EIGHT typically focuses on activities such as the design, manufacture, and retail of clothing, accessories, or other related fashion items within the UK market. Such organisations often cater to various market segments, offering collections and products developed through their design expertise.
