GANT UK LIMITED

Company Information

Company Number
02474645
Registered Address
Floor 2, Holborn Gate, 26 Southampton Buildings, London, England, WC2A 1AN
Status
Active
Employee Count
212
Turnover
£64,689,000
EBITDA
£4,493,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 February 1990
Nature of Business
46420 - Wholesale of clothing and footwear
47710 - Retail sale of clothing in specialised stores
Industries
Commerce Models, Fashion
Region
London

Time to Pay

Average Time to Pay
21 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
87%
31-60 Days
12%
After 60 Days
1%
Not Paid Within Terms54%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201931 Jan 20202187%12%1%54%
01 Jan 2019 - 30 Jun 201929 Jul 20192096%4%0%48%
01 Jul 2018 - 31 Dec 201830 Jan 20191995%5%0%45%
01 Jan 2018 - 30 Jun 201827 Jul 20181991%5%4%57%

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

Payment terms are agreed with suppliers as part of negotiations. The most common payment terms of invoices paid in the period is net 30 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

The company seeks to pay all suppliers on time and within agreed terms subject to receiving the invoice, associated goods/services, and accurate supporting information (where required) in a timely manner.

Maximum contractual payment period agreed

60

Dispute Resolution Process

Disputes are resolved through negotiation with the supplier concerned, with such negotiations being entered into in good faith and with the intention of agreeing a satisfactory outcome for both parties.

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

GANT UK LIMITED is a clothing and lifestyle brand that was founded in the United States in 1949. The UK division of the company was established in 1982 and has since become a popular retailer of high-quality clothing and accessories for men, women, and children.

One of the key focuses of GANT UK LIMITED is sustainability. The company has implemented a sustainability program that aims to reduce their environmental impact and promote ethical practices throughout their supply chain. This includes using sustainable materials, reducing waste, and supporting fair labor practices.

The company offers a wide range of products including shirts, knitwear, outerwear, trousers, and accessories such as bags and shoes. Their clothing is known for its classic and timeless style, with a focus on high-quality materials and craftsmanship.

Some key people at GANT UK LIMITED include Brian Grevy, the CEO and President of the brand, and Patrik Nilsson, the Executive Chairman. Both have extensive experience in the fashion industry and are committed to driving the company's sustainability efforts.

For those interested in learning more about GANT UK LIMITED, their website address is www.gant.co.uk. Their registered office address is located at 125-127 Park Street, London, SE1 9ED. Customers can also contact the company through their website for any inquiries or feedback.

Financial Metrics

Cash
£1,212,211
Net Worth
£7,620,975
Total Current Assets
£32,132,403
Total Current Liabilities
£27,033,517

Company Location