Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2021 - 31 Jul 2021 | 24 Aug 2021 | 47 | 53% | 26% | 22% | 51% |
| 01 Aug 2020 - 31 Jan 2021 | 26 Feb 2021 | 41 | 51% | 30% | 19% | 38% |
| 01 Feb 2020 - 31 Jul 2020 | 28 Aug 2020 | 53 | 32% | 31% | 37% | 60% |
| 01 Aug 2019 - 31 Jan 2020 | 29 Feb 2020 | 48 | 46% | 27% | 27% | 56% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Aug 2019 | 59 | 20% | 42% | 38% | 71% |
| 01 Aug 2018 - 31 Jan 2019 | 11 Mar 2019 | 50 | 26% | 42% | 32% | 80% |
| 01 Feb 2018 - 31 Jul 2018 | 29 Aug 2018 | 41 | 38% | 42% | 20% | 49% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Matchesfashion Limited's standard payment terms are: for stock, 30-60 days from the date of the invoice; and for non-stock, 0-30 days from the date 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
90
All disputes are initially dealt with by Accounts Payable. Each supplier has an assigned representative who will contact the relevant business areas to resolve the query. Complaints are escalated as appropriate. On resolution, the supplier will normally be paid on the next payment run.
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?
No information available
MATCHESFASHION LIMITED is a in administration private limited company, incorporated on 27 May 1992, based in the West Midlands region. Registered business activity: Retail sale of clothing in specialised stores; Retail sale via mail order houses or via Internet.
From Companies House records.