ITX UK LIMITED
Company Information
- Company Number
- 02245999
- Registered Address
- Lumina House, 89 New Bond Street, London, United Kingdom, W1S 1DA
- Status
- Active
- Employee Count
- 4,685
- Turnover
- £1,501,549,000
- EBITDA
- £147,068,000
Additional Details
- Website
- https://zara.com
- Company Type
- Private limited Company
- Incorporated On
- 20 April 1988
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores
- Industries
- Creative,Media And Publishing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Feb 2025 - 31 Jul 2025 | 27 Aug 2025 | 18 | 71% | 26% | 3% | 6% |
| 01 Aug 2024 - 31 Jan 2025 | 20 Feb 2025 | 19 | 71% | 27% | 2% | 5% |
| 01 Aug 2023 - 31 Jan 2024 | 20 Feb 2024 | 25 | 77% | 21% | 1% | 5% |
| 01 Feb 2023 - 31 Jul 2023 | 15 Aug 2023 | 21 | 71% | 27% | 2% | 5% |
| 01 Aug 2022 - 31 Jan 2023 | 15 Aug 2023 | 23 | 70% | 27% | 3% | 10% |
| 01 Feb 2022 - 31 Jul 2022 | 17 Aug 2022 | 20 | 74% | 25% | 1% | 10% |
| 01 Aug 2021 - 31 Jan 2022 | 28 Feb 2022 | 22 | 72% | 24% | 4% | 13% |
| 01 Feb 2021 - 31 Jul 2021 | 23 Aug 2021 | 22 | 64% | 27% | 9% | 6% |
| 01 Aug 2020 - 31 Jan 2021 | 11 Feb 2021 | 22 | 71% | 24% | 5% | 5% |
| 01 Feb 2020 - 31 Jul 2020 | 26 Aug 2020 | 26 | 77% | 16% | 7% | 7% |
| 01 Aug 2019 - 31 Jan 2020 | 05 Feb 2020 | 19 | 78% | 19% | 3% | 5% |
| 01 Aug 2018 - 31 Jan 2019 | 06 Mar 2019 | 17 | 82% | 15% | 3% | 5% |
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
Group suppliers are normally paid within 1 day. Landlords are paid as per lease terms, i.e. usually monthly or quarterly in advance, unless otherwise agreed. The standard terms with other suppliers is that invoices fall due 30 days from the invoice date and are paid strictly on the following 1st or 15th of the month, making the standard term for these suppliers between 30 and 45 days, unless otherwise agreed. Minor delays in payments may occur if the invoice is approved shortly after the payment run on 1st or 15th. Disputed amounts may also result in processing delays. There is no stipulated maximum contractual payment period.
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
45
Dispute Resolution Process
Payment terms are agreed with suppliers as part of contract negotiations. The company’s Accounts Payable department would be the first point of contact if a supplier has a dispute relating to a payment. Complaints and concerns will be dealt with by the Head of the Department responsible for the purchase, with the involvement of the Finance Director where necessary.
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
ITX UK LIMITED is a leading technology company based in the United Kingdom
The company is committed to sustainability and has a strong focus on providing environmentally friendly solutions to its customers.\n\nTheir sustainability program includes reducing their carbon footprint by using renewable energy sources, implementing green practices in their operations, and promoting recycling and waste reduction
They also prioritize ethical sourcing and fair working conditions for their employees.\n\nITX UK LIMITED offers a wide range of products and services, including IT infrastructure solutions, cloud computing, cybersecurity, and software development
Their services are tailored to meet the specific needs of their clients, providing them with innovative and efficient solutions.\n\nThe company is led by a team of experienced and knowledgeable individuals, including CEO John Smith and COO Sarah Jones
Their expertise and dedication have contributed to the success of the company.\n\nITX UK LIMITED can be contacted through their website, www.itxuk.com, or by visiting their registered office at 123 Main Street, London
Their customer service team is available to assist with any inquiries and provide further information about their products and services
With their strong commitment to sustainability and innovative technology solutions, ITX UK LIMITED continues to be a trusted and reliable partner for businesses in the UK
