MATCHESFASHION LIMITED
Company Information
- Company Number
- 02717838
- Registered Address
- C/O Teneco Financial Advisory Limited, The Colmore Building, 20 Colmore Circus Queensway, Birmingham, B4 6AT
- Status
- In Administration
- Employee Count
- 678
- Turnover
- £380,093,000
- EBITDA
- -£58,412,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 27 May 1992
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores47910 - Retail sale via mail order houses or via Internet
- Industries
- Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
- Region
- West Midlands
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 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 Aug 2018 - 31 Jan 2019 | 11 Mar 2019 | 50 | 26% | 42% | 32% | 80% |
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
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
Dispute Resolution Process
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.
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
MATCHESFASHION LIMITED is a luxury fashion retailer based in the United Kingdom. The company was founded in 1987 and has since become a global leader in the fashion industry.
Their sustainability program, called "The Responsible Edit," focuses on promoting ethical and sustainable practices within the fashion industry. This includes initiatives such as using sustainable materials, reducing waste, and supporting fair labor practices.
The company offers a wide range of luxury fashion products from top designers, including clothing, shoes, accessories, and beauty products. They also have a dedicated team of personal shoppers who provide personalized styling advice.
The key people at MATCHESFASHION LIMITED include CEO Ajay Kavan, who joined the company in 2019, and Creative Director Anita Barr. Both have extensive experience in the fashion industry and are committed to driving the company's growth and sustainability efforts.
Customers can shop online through the company's website or visit their flagship store in London. The company also has a 24/7 customer service team available to assist with any inquiries.
The registered office address for MATCHESFASHION LIMITED is The Shard, Level 4, 32 London Bridge Street, London, SE1 9SG. Their website, www.matchesfashion.com, provides information on their products, sustainability program, and company updates.
