RADLEY RETAIL LIMITED

PaymentCheck Score 2022
55Fair
6.0vs last year
#3802 in UK
#20 in Creative
#627 in South East

Company Information

Company Number
02572572
Employee Count
230
Turnover
£31,007,000
EBITDA
£5,145,000

Additional Details

Industries
Creative,Media And Publishing
Region
South East

Time to Pay

Average Time to Pay
40 days
Shortest Period:30 days
Longest Period:35 days
Max Contractual:35 days

Payment Timeline

Within 30 Days
45%
31-60 Days
45%
After 60 Days
11%
Not Paid Within Terms67%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
25 Apr 2022 - 22 Oct 202225 Jul 20234045%45%11%67%
25 Oct 2021 - 23 Apr 202226 May 20224452%36%12%63%
26 Apr 2021 - 24 Oct 202102 Dec 20215746%38%17%65%
26 Oct 2020 - 25 Apr 202104 Jun 20215337%40%23%70%
29 Apr 2019 - 27 Oct 201928 Nov 20193164%33%4%29%
29 Oct 2018 - 28 Apr 201930 May 20193059%31%10%38%
30 Apr 2018 - 28 Oct 201809 Nov 20182766%30%4%30%
01 May 2017 - 29 Oct 201706 Dec 20172764%32%4%30%

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

Radley Retail does not have standard payment terms. Payment terms are agreed with suppliers at the outset. The common payment terms of invoices paid in the period are 30 and 60 days, circa 45 days average.

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

35

Dispute Resolution Process

Disputes are resolved by negotiation involving the relevant parties - accounts payable, credit control departments and operational teams

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

RADLEY RETAIL LIMITED is a British company that specializes in designing and selling stylish and practical handbags, purses, and accessories. Founded in 1998, the company has become a well-known brand in the fashion industry, known for its high-quality products and sustainability efforts.

One of the key activities of RADLEY RETAIL LIMITED is the design and production of their products. They source materials from responsible suppliers and use eco-friendly packaging to reduce their environmental impact. The company also has a strong emphasis on fair and ethical working conditions for their employees, both in their own factories and in their supply chain.

In addition to their sustainability efforts, RADLEY RETAIL LIMITED is committed to creating stylish and functional products for their customers. They offer a wide range of handbags, purses, and accessories in various styles and designs, catering to different tastes and needs. Their products are made with attention to detail and high-quality materials, ensuring durability and longevity.

The key people behind RADLEY RETAIL LIMITED include the founder and CEO, Lowell Harder, who has been leading the company since its inception. The company also has a team of experienced designers and professionals who contribute to its success and growth.

For customers interested in purchasing RADLEY RETAIL LIMITED products, they can visit the company's website at www.radley.co.uk. The website offers a user-friendly interface for browsing and purchasing products, as well as information on the company's sustainability efforts and values. The registered office address for the company is 2nd Floor, 9 Harmsworth Street, London, SE17 3TJ.

In conclusion, RADLEY RETAIL LIMITED is a British company known for its stylish and practical handbags, purses, and accessories. They have a strong commitment to sustainability and ethical practices, as well as a focus on creating high-quality products for their customers. With their talented team and online presence, the company continues to grow and make a positive impact in the fashion industry.

Financial Metrics

Cash
£499,004
Net Worth
£3,409,508
Total Current Assets
£6,584,622
Total Current Liabilities
£4,973,225