NO ORDINARY DESIGNER LABEL LIMITED
Company Information
- Company Number
- 02509755
- Registered Address
- Ted Baker On Cleveland, 111-117 Cleveland Street, London, England, W1T 6PX
- Status
- Active
- Employee Count
- 1,288
- Turnover
- £319,916,000
- EBITDA
- -£24,528,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 June 1990
- Nature of Business
- 46420 - Wholesale of clothing and footwear47710 - Retail sale of clothing in specialised stores47721 - Retail sale of footwear in specialised stores47910 - Retail sale via mail order houses or via Internet
- Industries
- Fashion
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Aug 2022 - 31 Jan 2023 | 06 Feb 2023 | 56 | 29% | 34% | 37% | 41% |
| 01 Feb 2022 - 31 Jul 2022 | 19 Aug 2022 | 49 | 38% | 36% | 26% | 27% |
| 01 Aug 2021 - 31 Jan 2022 | 28 Feb 2022 | 52 | 37% | 37% | 26% | 22% |
| 01 Feb 2021 - 31 Jul 2021 | 26 Aug 2021 | 55 | 33% | 35% | 31% | 25% |
| 01 Aug 2020 - 31 Jan 2021 | 26 Feb 2021 | 55 | 33% | 36% | 32% | 36% |
| 01 Feb 2020 - 31 Jul 2020 | 21 Aug 2020 | 58 | 28% | 32% | 40% | 45% |
| 01 Aug 2019 - 31 Jan 2020 | 25 Feb 2020 | 49 | 33% | 40% | 27% | 55% |
| 01 Aug 2018 - 31 Jan 2019 | 01 Mar 2019 | 38 | 51% | 37% | 12% | 35% |
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
No Ordinary Designer Label’s frequent payment terms for goods not for resale are 60 days from invoice date. No Ordinary Designer Label’s frequent payment terms for goods for resale are 60 days from invoice date. No Ordinary Designer Label settles payments weekly.
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
90
Dispute Resolution Process
Suppliers can contact No Ordinary Designer Label’s Accounts Payable team via payment.queries@tedbaker.com with an SLA for response of 72 hours. In order to resolve a dispute, the supplier is required to provide any missing information or a corrected invoice.
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
NO ORDINARY DESIGNER LABEL LIMITED, also known as Ted Baker, is a British luxury clothing and accessories brand founded in 1988 by Ray Kelvin. The company is headquartered in London, UK and has stores in over 50 countries worldwide.
The brand offers a wide range of products including menswear, womenswear, footwear, accessories, and fragrance. Their products are known for their unique and quirky designs, high-quality materials, and attention to detail.
In addition to their fashion offerings, Ted Baker is committed to sustainability and has implemented a sustainability program to reduce their environmental impact. This includes using sustainable materials, reducing waste, and promoting ethical and responsible practices throughout their supply chain.
The key people behind Ted Baker include founder and CEO Ray Kelvin, who has been with the company since its inception, and the current chairman David Bernstein.
Customers can shop for Ted Baker products online through their website, which also features a blog, style guides, and information on their sustainability efforts. The registered office address for NO ORDINARY DESIGNER LABEL LIMITED is The Ugly Brown Building, 6a St Pancras Way, London, NW1 0TB, United Kingdom.
Overall, Ted Baker is a successful British luxury brand known for its unique and sustainable fashion offerings, with a strong commitment to ethical practices and responsible business operations.
