VALUE RETAIL MANAGEMENT LIMITED
Company Information
- Company Number
- 02884191
- Registered Address
- Management Suite, Bicester Village 50 Pingle Drive, Bicester, Oxfordshire, OX26 6WD
- Status
- Active
- Employee Count
- 398
- Turnover
- £187,524,000
- EBITDA
- £12,752,000
Additional Details
- Website
- https://bicestervillage.com
- Company Type
- Private limited Company
- Incorporated On
- 4 January 1994
- Nature of Business
- 68320 - Management of real estate on a fee or contract basis
- Industries
- Property
- Region
- South East
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 | 22 Jul 2025 | 32 | 55% | 42% | 3% | 4% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 36 | 59% | 38% | 3% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 32 | 56% | 41% | 3% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 31 | 57% | 39% | 4% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 11 Jul 2023 | 28 | 61% | 37% | 2% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 30 | 58% | 38% | 4% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 39 | 45% | 39% | 16% | 20% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 49 | 35% | 35% | 30% | 37% |
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
Standard payment terms are principally, 30 days end of month. However, some suppliers are on other terms ranging from immediate payment to 60 days after the invoice date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Average payment days are calculated as the average of the difference between Payment date and the later of the Invoice Creation Date and the Invoice Date.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Value Retail Management Limited operates a no PO no Pay policy. If any invoice is submitted without a valid PO then the Accounts Payable team return the invoice to the supplier. Queries can also be dealt with directly between requisitioners and suppliers.
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
VALUE RETAIL MANAGEMENT LIMITED is a leading company in the luxury outlet shopping industry, with a strong focus on sustainability. The company operates nine Chic Outlet Shopping Villages across Europe, providing customers with a unique shopping experience and access to over 1,300 luxury fashion and lifestyle brands.
The company's sustainability program, known as "The Bicester Village Shopping Collection," aims to reduce its environmental impact, promote social responsibility, and support local communities. This includes initiatives such as using renewable energy sources, reducing waste and carbon emissions, and supporting local charities and cultural projects.
VALUE RETAIL MANAGEMENT LIMITED offers a range of high-end products and services, including luxury fashion, accessories, homeware, and dining experiences. They partner with top fashion brands such as Burberry, Prada, and Gucci to provide customers with exclusive discounts and offers.
The key people behind VALUE RETAIL MANAGEMENT LIMITED are its CEO, Desirée Bollier, and Chairman, Scott Malkin, both of whom are passionate about sustainability and promoting responsible business practices.
The company's website, www.thebicestervillageshoppingcollection.com, provides information on its luxury outlet shopping villages, brands, and sustainability efforts. The registered office address is 50 Pingle Drive, Bicester, Oxfordshire, OX26 6WD, United Kingdom.
In summary, VALUE RETAIL MANAGEMENT LIMITED is a prominent player in the luxury outlet shopping industry, known for its commitment to sustainability and offering high-quality products and services. With a strong leadership team and a focus on responsible practices, the company continues to thrive in the competitive retail market.
