RADLEY CO LIMITED
Company Details
Registration Number
02573819
Registered Address
Unknown
Company Status
Unknown
Employee Count
179
Turnover
£47,524,000
EBITDA
£-1,497,000
Additional Information
Website
www.radley.co.uk/Company Type
Unknown
Incorporated on
Unknown
Nature of Business (SIC)
Unknown
Industries
Clothes, Jewellery and other accessories, Online retailing
Region
South EastCompany Location
Financial Overview
£1,372,038
£14,364,922
Last Reporting Period
Filed
25 Jul 2023
Period
25 Apr 2022 - 22 Oct 2022
Payment Timing
Average Time to Pay
48 days
Payment Periods
Shortest
7 days
Longest
150 days
Max Contractual
150 days
Payment Timeline
Not Paid Within Terms
74%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 25 Apr 2022 - 22 Oct 2022 | 25 Jul 2023 | 48 | 29% | 48% | 23% | 74% |
| 25 Oct 2021 - 23 Apr 2022 | 09 Jun 2022 | 52 | 30% | 46% | 24% | 73% |
| 26 Apr 2021 - 24 Oct 2021 | 16 Dec 2021 | 67 | 32% | 43% | 25% | 75% |
| 26 Oct 2020 - 25 Apr 2021 | 04 Jun 2021 | 78 | 33% | 36% | 30% | 67% |
| 27 Apr 2020 - 25 Oct 2020 | 09 Dec 2020 | 52 | 33% | 44% | 24% | 70% |
| 28 Oct 2019 - 26 Apr 2020 | 10 Jun 2020 | 80 | 33% | 34% | 33% | 67% |
| 29 Apr 2019 - 27 Oct 2019 | 19 Dec 2019 | 47 | 29% | 44% | 26% | 66% |
| 29 Oct 2018 - 28 Apr 2019 | 31 May 2019 | 43 | 28% | 55% | 17% | 64% |
| 30 Apr 2018 - 28 Oct 2018 | 09 Nov 2018 | 45 | 48% | 34% | 18% | 48% |
| 30 Oct 2017 - 29 Apr 2018 | 31 May 2018 | 41 | 52% | 33% | 15% | 47% |
| 01 May 2017 - 29 Oct 2017 | 06 Dec 2017 | 34 | 56% | 30% | 14% | 41% |
Company Summary
RADLEY + CO
LIMITED is a British handbag and accessories brand that was founded in 1998 by Lowell Harder
The company is headquartered in London and has become known for its iconic Radley Scottie dog logo
The company prides itself on its commitment to sustainability and has implemented a number of initiatives to reduce its environmental impact
They have partnered with the Woodland Trust to plant native trees across the UK, as well as using recycled materials in their packaging
RADLEY + CO
LIMITED offers a wide range of handbags, purses, and accessories for women, all featuring their iconic Scottie dog logo
Their products are known for their high quality and unique designs, and are sold both online and in their retail stores across the UK
The key people at RADLEY + CO
LIMITED include CEO Justin Stead, who has been with the company since 2016, and Creative Director Maria Hatzistefanis, who joined in 2020
Both bring years of experience in the fashion industry to the company
For more information about their products and sustainability program, you can visit their website at www.radley.co.uk
Their registered office address is located at 2nd Floor, 1 Brunswick Square, Bristol, BS2 8PE, United Kingdom
RADLEY + CO
LIMITED continues to be a popular and well-respected brand in the fashion industry, known for its stylish and sustainable products
Company Review
Trend Analysis
The average time taken for RADLEY + CO. LIMITED to pay invoices has fluctuated over the past three periods. It decreased from 34 days in May 2017 to 41 days in October 2017, then increased to 45 days in April 2018. However, there was a significant increase to 80 days in April 2020 before decreasing to 48 days in October 2022.
Volatility Analysis
The volatility of RADLEY + CO. LIMITED's invoice payment can be seen in the fluctuations of the percentage of invoices paid within 30 days, which ranged from 28% in April 2019 to 56% in May 2017. The percentage of invoices paid later than 60 days also varied greatly, ranging from 14% in May 2017 to 33% in April 2020.
Summary Analysis
In the past three periods, RADLEY + CO. LIMITED's average time to pay invoices has fluctuated, with a high of 80 days in April 2020 and a low of 48 days in October 2022. However, there has been a trend of delayed payments, as seen in the decrease of the percentage of invoices paid within 30 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Radley + Co does not have standard payment terms, these are agreed with supplier at the outset. The most common payment terms of invoices paid in the period are 30 days for UK supplier, overseas suppliers on imports range from 30 to 150 day terms.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
150
Dispute Resolution Process
Disputes are resolved by negotiation involving the relevant parties – accounts payable, credit control departments, procurement and sales 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.
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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?
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