REISS LIMITED
Company Information
- Company Number
- 02655347
- Registered Address
- Reiss Building, 12 Picton Place, London, England, W1U 1BW
- Status
- Active
- Employee Count
- 1,277
- Turnover
- £246,144,000
- EBITDA
- £51,716,000
Additional Details
- Website
- https://reiss.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 18 October 1991
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores47721 - Retail sale of footwear in specialised stores47722 - Retail sale of leather goods in specialised stores47910 - Retail sale via mail order houses or via Internet
- Industries
- Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
- Region
- London
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 Feb 2025 - 31 Jul 2025 | 12 Nov 2025 | 25 | 70% | 23% | 7% | 43% |
| 01 Aug 2023 - 31 Jan 2024 | 22 Mar 2024 | 51 | 30% | 44% | 26% | 51% |
| 01 Feb 2023 - 31 Jul 2023 | 25 Oct 2023 | 57 | 28% | 45% | 26% | 61% |
| 01 Aug 2022 - 31 Jan 2023 | 25 Oct 2023 | 56 | 31% | 47% | 22% | 56% |
| 01 Feb 2022 - 31 Jul 2022 | 25 Jan 2023 | 49 | 36% | 39% | 25% | 35% |
| 01 Aug 2021 - 31 Jan 2022 | 04 Apr 2022 | 71 | 31% | 39% | 30% | 68% |
| 01 Feb 2021 - 31 Jul 2021 | 22 Sept 2021 | 58 | 37% | 35% | 29% | 63% |
| 01 Aug 2020 - 31 Jan 2021 | 21 May 2021 | 71 | 34% | 36% | 30% | 53% |
| 01 Feb 2020 - 31 Jul 2020 | 03 Sept 2020 | 59 | 26% | 40% | 33% | 69% |
| 25 Jul 2018 - 24 Jan 2019 | 01 Mar 2019 | 61 | 24% | 38% | 37% | 79% |
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
We pay 30 days as standard, though many stock suppliers are on 60 days. For stock suppliers, payment terms generally begin from the goods being received into our warehouse and clearing quality control. Longer transit times from the Far East continue to result in a longer lead time for stock being QC passed. This is actively managed with suppliers where, as a result, payments may fall outside of the payment terms on the face of the invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
60
Dispute Resolution Process
Complaints and disputes should be raised initially with the Accounts Payable department in our Beckton office via email or telephone. A complaint will be picked up by a specific member of staff, depending on the type of supplier, on receipt and where it cannot be resolved the complaint will be escalated in the first instance to the Purchase Ledger Manager and then to the Financial Controller if required.
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
REISS LIMITED is a British fashion brand that specializes in high-end clothing and accessories for men and women. The company was founded in 1971 and is headquartered in London, with stores and concessions worldwide.
The company offers a wide range of sustainable products, including organic cotton, recycled polyester, and eco-friendly packaging. They also have a sustainability program in place, which focuses on reducing their environmental impact through sustainable sourcing, ethical production, and waste reduction.
REISS LIMITED is led by a team of key people, including CEO Christos Angelides, who has over 25 years of experience in the fashion industry. The company's design team is headed by James Spreckley, who brings a wealth of experience from luxury fashion brands.
Customers can contact REISS LIMITED through their website, which also features their full product range and a store locator. The company's registered office address is 12 Picton Place, London, W1U 1BW.
In summary, REISS LIMITED is a well-established fashion brand with a strong focus on sustainability. They offer a wide range of sustainable products and have implemented a sustainability program to reduce their environmental impact. Led by a team of experienced professionals, the company continues to provide high-quality fashion to customers globally.
