LUXOTTICA RETAIL UK LTD
Company Information
- Company Number
- 02767938
- Registered Address
- Level 2 The Kensington Building, 1 Wrights Lane, London, United Kingdom, W8 5RY
- Status
- Active
- Employee Count
- 1,076
- Turnover
- £165,869,000
- EBITDA
- £23,397,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 November 1992
- Nature of Business
- 47782 - Retail sale by opticians
- Industries
- Commerce Models, Fashion, Primary Care
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
We do not operate a system of standard payment 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
60
Dispute Resolution Process
Payments are managed by our Global Business Services team in Italy. In the first instance payment queries are referred to the accounts payable team in Italy. In case of dispute this will be referred back to the person contracting for the goods or services in the UK who will liaise with the vendor to resolve the issue and get the account settled.
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.
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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
Company Summary
LUXOTTICA RETAIL UK LTD is a leading eyewear company in the United Kingdom, offering a wide range of premium eyewear products and services. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
In terms of their sustainability program, LUXOTTICA RETAIL UK LTD has set ambitious goals to reduce their carbon footprint, increase the use of renewable energy sources, and minimize waste in their operations. They also have a recycling program in place for their products, ensuring that their eyewear is disposed of responsibly.
The company's products and services include a diverse range of eyewear brands such as Ray-Ban, Oakley, and Prada, catering to different styles and needs. They also offer eye exams and prescription glasses through their partnership with opticians.
Some key people in the company include the CEO, Massimo Vian, and the Global Head of Sustainability, Valeria Valotto, who oversee the company's operations and sustainability efforts.
For more information on LUXOTTICA RETAIL UK LTD and their products, customers can visit their website at www.luxottica.com/uk. The company's registered office address is 5 New Street Square, London, EC4A 3TW, United Kingdom.
