HARVEY NICHOLS AND COMPANY LIMITED
Company Information
- Company Number
- 01774537
- Registered Address
- Harvey Nichols Harriet Walk, Knightsbridge, London, England, SW1X 7RJ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 December 1983
- Nature of Business
- 47190 - Other retail sale in non-specialised stores56101 - Licensed restaurants56302 - Public houses and bars
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time of 57 days clearly indicates a consistent trend of payments significantly exceeding standard 30-day terms. With 79% of invoices paid late, primarily within the 31-60 day range (59%), the trajectory points towards a routine practice of extended payment cycles rather than isolated incidents.
Volatility Analysis
A high late payment rate of 79% directly translates to low reliability for receiving payments within standard terms, posing a consistent cash flow risk. While 59% fall into the 31-60 day bracket, the 16% exceeding 60 days introduces an element of unpredictability concerning the ultimate payment date.
Summary Analysis
Suppliers should anticipate an average payment delay of 57 days and factor this extended timeline into their cash flow planning. To mitigate risk, consider adjusting credit terms, reducing credit limits, or negotiating partial upfront payments given the consistent trend of late 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 |
|---|---|---|---|---|---|---|
| 30 Sept 2024 - 29 Mar 2025 | 30 Apr 2025 | 54 | 29% | 53% | 18% | 77% |
| 31 Mar 2024 - 29 Sept 2024 | 25 Apr 2025 | 57 | 25% | 59% | 16% | 79% |
| 02 Oct 2023 - 30 Mar 2024 | 30 Apr 2024 | 63 | 23% | 58% | 19% | 82% |
| 02 Apr 2023 - 01 Oct 2023 | 17 Oct 2023 | 56 | 25% | 59% | 16% | 79% |
| 01 Oct 2022 - 01 Apr 2023 | 28 Apr 2023 | 52 | 31% | 56% | 13% | 74% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 46 | 48% | 43% | 9% | 59% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 43 | 54% | 39% | 8% | 52% |
| 01 Apr 2021 - 30 Sept 2021 | 01 Nov 2021 | 46 | 50% | 39% | 11% | 15% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 47 | 36% | 44% | 20% | 29% |
| 29 Mar 2020 - 28 Sept 2020 | 28 Oct 2020 | 78 | 19% | 38% | 43% | 79% |
| 01 Oct 2019 - 28 Mar 2020 | 23 Apr 2020 | 42 | 55% | 32% | 13% | 44% |
| 31 Mar 2019 - 29 Sept 2019 | 29 Oct 2019 | 37 | 61% | 29% | 10% | 41% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 34 | 63% | 28% | 9% | 39% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 31 | 71% | 24% | 6% | 31% |
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
30 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
Harvey Nichols works hard to maintain a good and fair relationship with its suppliers. Our policy is to pay suppliers within agreed terms, however, in the event of a discrepancy we have internal processes to investigate any differences and these are then resolved collaboratively with our suppliers.
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
HARVEY NICHOLS AND COMPANY LIMITED operates as a private limited company primarily engaged in retail, utilising the well-established Harvey Nichols brand.
This active company was incorporated on 1 December 1983, with company number 01774537. Its registered office is located in London at Harvey Nichols Harriet Walk, Knightsbridge, London, England, SW1X 7RJ.
Companies operating under such a prominent retail brand in the UK market typically specialise in the retail of luxury fashion, beauty products, and homeware. They often offer a curated selection of designer clothing, accessories, cosmetics, fragrances, and fine foods, catering to a premium clientele.
