QVC UK
Company Information
- Company Number
- 02807164
- Registered Address
- Qvc, Building 8 Chiswick Park, 566 Chiswick High Road, London, W4 5XU
- Status
- Active
- Employee Count
- 1,728
- Turnover
- £493,401,000
- EBITDA
- £39,585,000
Additional Details
- Website
- https://qvc.com/
- Company Type
- Private unlimited company
- Incorporated On
- 6 April 1993
- Nature of Business
- 47910 - Retail sale via mail order houses or via Internet59113 - Television programme production activities
- Industries
- Commerce Models, Digital Entertainment, Media And Publishing, Software
- 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 Jan 2025 - 30 Jun 2025 | 20 Jul 2025 | 33 | 72% | 19% | 9% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 17 Jan 2025 | 32 | 79% | 19% | 2% | 28% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 31 | 73% | 24% | 3% | 19% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 30 | 78% | 19% | 3% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 35 | 80% | 17% | 3% | 25% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 35 | 81% | 14% | 5% | 29% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 34 | 69% | 18% | 13% | 32% |
| 01 Jan 2021 - 30 Jun 2021 | 12 Jul 2021 | 34 | 67% | 21% | 12% | 31% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 26 | 75% | 17% | 8% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 29 | 74% | 19% | 7% | 27% |
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
For Inventory purchases standard payment terms are 30 days following the end of the month of goods receipt date. For Non-Inventory purchases standard payment terms are 30 days Net
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Out of term payments are mainly due to Invoices being offset against outstanding receivables which lengthens the payment period.
Maximum contractual payment period agreed
90
Dispute Resolution Process
All payment terms are agreed as part of the contract and clearly stated on all purchase orders. As such, dispute over payment terms are rare. Queries are handled by a dedicated Accounts payable team. Any issues are escalated to the appropriate team for resolution.
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
QVC UK is a television shopping channel that offers a wide range of products to its customers. It was launched in 1993 and is a subsidiary of Qurate Retail Group. The company is committed to sustainability and has implemented various programs to reduce its environmental impact.
QVC UK offers a variety of products including fashion, beauty, home, electronics, and jewellery. They have a strong focus on quality and customer satisfaction, offering products from well-known brands as well as up-and-coming brands.
Their sustainability program includes initiatives such as reducing carbon emissions, minimizing waste, and promoting eco-friendly products. They also encourage their customers to make sustainable choices by providing information on product packaging and materials.
The key people at QVC UK include the CEO, Nicky Kinnaird, who has been with the company since 2015. Other key executives include the Chief Merchandising Officer, Chief Financial Officer, and Chief Information Officer.
For customer inquiries, QVC UK can be contacted through their website or by phone. Their website address is www.qvcuk.com and their registered office address is QVC, Building 8, Chiswick Park, 566 Chiswick High Road, London, W4 5XU.
In summary, QVC UK offers a wide range of products through their television shopping channel, with a focus on sustainability and customer satisfaction. Their key people, including the CEO Nicky Kinnaird, are dedicated to providing quality products and promoting eco-friendly choices. Customers can contact them through their website or by phone for any inquiries.
