CHARLES TYRWHITT SHIRTS LIMITED
Company Information
- Company Number
- 02914928
- Registered Address
- Ground Floor, Cottons Centre, Cottons Lane, London, England, SE1 2QG
- Status
- Active
- Employee Count
- 795
- Turnover
- £269,221,000
- EBITDA
- £25,653,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 March 1994
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores
- Industries
- Creative,Media And Publishing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows a general trend of CHARLES TYRWHITT SHIRTS LIMITED taking longer to pay their invoices over time. From 2017 to 2023, the average time to pay has increased from 35 days to 40 days, with a peak of 64 days in 2021. This trend is also reflected in the percentage of invoices paid within 30 days, which has decreased from 54% in 2017 to 50% in 2023. There is also a notable increase in the percentage of invoices paid later than 60 days, from 17% in 2017 to 29% in 2023.
Volatility Analysis
The data also shows some volatility in the payment patterns of CHARLES TYRWHITT SHIRTS LIMITED. In 2018, there was a significant increase in the average time to pay, from 35 days to 39 days, and a decrease in the percentage of invoices paid within 30 days, from 54% to 46%. However, in 2019, there was a slight improvement in these measures, with the average time to pay decreasing to 45 days and the percentage of invoices paid within 30 days increasing to 50%. The most volatile period was in 2020, with a 14-day increase in the average time to pay and a 14% decrease in the percentage of invoices paid within 30 days.
Summary Analysis
The data shows that CHARLES TYRWHITT SHIRTS LIMITED has been taking longer to pay their invoices over time, with a peak of 64 days in 2021. This trend is also reflected in the decrease in the percentage of invoices paid within 30 days and the increase in the percentage of invoices paid later than 60 days. However, there was a slight improvement in these measures in 2019. The company's shortest standard payment period is 30 days, which has remained consistent throughout the period analysed.
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 |
|---|---|---|---|---|---|---|
| 04 Feb 2025 - 03 Aug 2025 | 02 Sept 2025 | 47 | 45% | 24% | 31% | 17% |
| 30 Jul 2023 - 29 Jan 2024 | 29 Feb 2024 | 41 | 46% | 24% | 31% | 14% |
| 29 Jan 2023 - 29 Jul 2023 | 31 Aug 2023 | 40 | 50% | 25% | 25% | 19% |
| 31 Jul 2022 - 28 Jan 2023 | 28 Feb 2023 | 45 | 47% | 24% | 29% | 16% |
| 31 Jan 2022 - 30 Jul 2022 | 09 Sept 2022 | 37 | 54% | 23% | 24% | 18% |
| 02 Aug 2021 - 30 Jan 2022 | 28 Feb 2022 | 49 | 52% | 19% | 28% | 17% |
| 31 Jan 2021 - 01 Aug 2021 | 03 Sept 2021 | 55 | 46% | 21% | 34% | 16% |
| 02 Aug 2020 - 30 Jan 2021 | 25 Feb 2021 | 64 | 40% | 21% | 39% | 16% |
| 02 Feb 2020 - 01 Aug 2020 | 05 Sept 2020 | 60 | 39% | 23% | 38% | 13% |
| 04 Aug 2019 - 01 Feb 2020 | 20 Feb 2020 | 46 | 45% | 26% | 29% | 14% |
| 27 Jan 2019 - 03 Aug 2019 | 02 Sept 2019 | 45 | 50% | 22% | 28% | 16% |
| 29 Jul 2018 - 26 Jan 2019 | 28 Feb 2019 | 46 | 47% | 23% | 29% | 15% |
| 30 Jan 2018 - 28 Jul 2018 | 23 Aug 2018 | 39 | 46% | 35% | 19% | 16% |
| 30 Jul 2017 - 29 Jan 2018 | 22 Feb 2018 | 35 | 54% | 29% | 17% | 15% |
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
60 days from invoice date
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
We encourage suppliers to forward any invoicing queries to their regular accounts payable contact, who will then involve the appropriate business area to resolve any issues
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
Charles Tyrwhitt Shirts Limited is a British clothing company that specializes in high-quality men's shirts. Founded in 1986 by Nicholas Charles Tyrwhitt Wheeler, the company has grown to become a leading retailer of menswear in the UK.
The company prides itself on its sustainability program, which is dedicated to reducing its environmental impact. They use sustainable materials in their products, such as organic cotton and recycled polyester, and have implemented eco-friendly practices in their production and packaging processes.
Charles Tyrwhitt Shirts Limited offers a wide range of products, including shirts, suits, trousers, and accessories. Their products are known for their high-quality materials, classic designs, and affordable prices. They also offer a made-to-measure service, allowing customers to create their own unique and tailored garments.
The key people at Charles Tyrwhitt Shirts Limited include founder Nicholas Charles Tyrwhitt Wheeler, who serves as the company's CEO, and chief product officer Simon Kerry. Together, they lead a team of dedicated employees who are committed to providing customers with the best products and services.
Customers can visit the company's website at www.ctshirts.com to browse and purchase their products. They also have a customer service team available for any inquiries or assistance. The registered office address for Charles Tyrwhitt Shirts Limited is Cottons Centre, Cottons Lane, London SE1 2QG, United Kingdom.
In summary, Charles Tyrwhitt Shirts Limited is a sustainable and reputable British clothing company known for its high-quality men's shirts and other menswear products. With a strong dedication to sustainability and customer satisfaction, they continue to be a popular choice for fashionable and environmentally-conscious consumers.
