| 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 2019 - 31 Dec 2019 | 31 Jan 2020 | 21 | 87% | 12% | 1% | 54% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 20 | 96% | 4% | 0% | 48% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 19 | 95% | 5% | 0% | 45% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 19 | 91% | 5% | 4% | 57% |
This information is as reported by the business, and responses are in their own words.
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
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.
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
GANT UK Limited is the UK operating company for the Gant brand, an American sportswear label founded in 1949. Its website sells clothing, footwear, accessories and home textiles for men, women, kids and babies, including shirts, knitwear, outerwear, footwear and fragrances, sold online with delivery, returns and store pick-up points across the UK. Companies House records list its business as wholesale of clothing and footwear alongside retail sale of clothing in specialised stores. The company operates a store locator and membership scheme offering perks such as free shipping and returns. It is registered in London and remains an active company, trading under the Gant name it uses on its consumer-facing site.
Generated from the company's website and Companies House records. Sources: gant.co.uk · gant.co.uk