RADLEY + CO. LIMITED

PaymentCheck Score 2022
41Poor
5.3vs last year
#4574 in UK
#31 in Fashion
#763 in South East

Company Information

Company Number
02573819
Employee Count
450
Turnover
£71,975,000
EBITDA
£2,420,000

Additional Details

Industries
Fashion
Region
South East

Time to Pay

Average Time to Pay
48 days
Shortest Period:7 days
Longest Period:150 days
Max Contractual:150 days

Payment Timeline

Within 30 Days
29%
31-60 Days
48%
After 60 Days
23%
Not Paid Within Terms74%

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 20234829%48%23%74%
25 Oct 2021 - 23 Apr 202209 Jun 20225230%46%24%73%
26 Apr 2021 - 24 Oct 202116 Dec 20216732%43%25%75%
26 Oct 2020 - 25 Apr 202104 Jun 20217833%36%30%67%
27 Apr 2020 - 25 Oct 202009 Dec 20205233%44%24%70%
29 Oct 2018 - 28 Apr 201931 May 20194328%55%17%64%
30 Apr 2018 - 28 Oct 201809 Nov 20184548%34%18%48%
01 May 2017 - 29 Oct 201706 Dec 20173456%30%14%41%

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 + 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 information available

Any other information about payment terms

No additional information

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.

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 + 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.

Financial Metrics

Cash
£1,372,038
Net Worth
£14,364,922
Total Current Assets
£37,690,116
Total Current Liabilities
£18,027,291