MCARTHURGLEN UK LIMITED
Company Information
- Company Number
- 02810264
- Registered Address
- Nations House, 3rd Floor, 103 Wigmore Street, London, England, W1U 1QS
- Status
- Active
- Employee Count
- 824
- Turnover
- £128,422,000
- EBITDA
- £16,719,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 April 1993
- Nature of Business
- 68209 - Other letting and operating of own or leased real estate
- 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 Jan 2025 - 30 Jun 2025 | 21 Jul 2025 | 24 | 75% | 22% | 3% | 24% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 25 | 80% | 18% | 2% | 21% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Feb 2024 | 34 | 65% | 20% | 15% | 27% |
| 01 Jan 2023 - 30 Jun 2023 | 11 Aug 2023 | 32 | 65% | 18% | 17% | 35% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 41 | 49% | 35% | 16% | 63% |
| 01 Jan 2022 - 30 Jun 2022 | 07 Oct 2022 | 50 | 42% | 35% | 23% | 65% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 51 | 30% | 44% | 26% | 59% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 44 | 47% | 26% | 27% | 55% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 38 | 47% | 35% | 18% | 53% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 40 | 45% | 38% | 17% | 49% |
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
McArthurGlen UK Limited (MGUK) will pay for goods and services within 30 days of receipt of a correct, undisputed and properly due VAT invoice, unless otherwise agreed in writing by a duly authorised representative. Invoices should state: the correct company name and address, the PO number (if possible), a brief description of services or goods, the period to which the invoice relates (if applicable), the VAT number (if under reverse charge mechanism) and the supplier's bank details. There are no special terms given to suppliers based on their size. The 30 days will begin on the next working day after the invoice is received.
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
MGUK is committed to acting fairly and with integrity in its interaction with all its suppliers. We therefore endeavour to resolve all disputes in a fair and timely manner. Disputes are resolved by discussion and agreement with a supplier, and are typically managed by the Accounts Payable team, in liaison with the relevant MGUK operational manager.
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
MCARTHURGLEN UK LIMITED is a retail company that specializes in designer outlet shopping. They have multiple locations across the UK, providing customers with discounted luxury goods from well-known brands.
One of the key focuses of MCARTHURGLEN UK LIMITED is sustainability. They have implemented a sustainability program that aims to reduce their environmental impact and promote ethical and responsible practices. This includes initiatives such as using renewable energy sources, reducing waste and promoting sustainable transportation options for customers.
The company offers a wide range of products from fashion, accessories, and homeware to beauty and lifestyle products. These products are all from renowned designer brands such as Burberry, Gucci, and Jimmy Choo, to name a few. Customers can expect discounts of up to 60% off the original retail price, making designer goods more accessible and affordable.
The company is led by key people such as the CEO, Julia Calabrese, and the Chairman, Wolfgang Baier. Their collective experience and expertise have helped MCARTHURGLEN UK LIMITED become a leading player in the retail industry.
For more information on their products, locations, and sustainability initiatives, customers can visit their website at www.mcarthurglen.com/uk. The registered office address for MCARTHURGLEN UK LIMITED is 100 New Bond Street, London, W1S 1SP, United Kingdom.
