NEXT DISTRIBUTION LIMITED

Company Information

Company Number
03045421
Registered Address
Next Plc, Desford Road, Enderby, Leicester, LE19 4AT
Status
Active
Employee Count
10,243
Turnover
£785,102,000
EBITDA
£102,027,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 April 1995
Nature of Business
52103 - Operation of warehousing and storage facilities for land transport activities
Industries
Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
Region
East Midlands

Performance Reports History

Reporting Period Filed: 2025-08-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
26 Jan 2025 - 26 Jul 202527 Aug 20250%
28 Jul 2024 - 25 Jan 202525 Feb 20250%
30 Jul 2023 - 27 Jan 202428 Feb 202400%0%0%0%
29 Jan 2023 - 29 Jul 202325 Aug 202300%0%0%0%
31 Jul 2022 - 28 Jan 202322 Feb 202300%0%0%0%
30 Jan 2022 - 30 Jul 202230 Aug 202200%0%0%0%
01 Aug 2021 - 29 Jan 202225 Feb 202200%0%0%0%
31 Jan 2021 - 31 Jul 202120 Aug 202100%0%0%0%
26 Jul 2020 - 30 Jan 202126 Feb 202100%0%0%0%
26 Jan 2020 - 25 Jul 202024 Aug 202000%0%0%0%
28 Jul 2019 - 25 Jan 202020 Feb 202000%0%0%0%
29 Jul 2018 - 26 Jan 201925 Feb 201900%0%0%0%

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 contractual terms for goods and services is 30 days.

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

90

Dispute Resolution Process

Central accounts payable phone number in place for suppliers to contact us for any matters under dispute. Calls are usually answered at the time of the call and responded to within 24 hours. Alternatively, suppliers may use email as a method of documenting their queries and these are responded to with within 7 days. Supplier emails or calls may be escalated to our management team where required.

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

NEXT DISTRIBUTION LIMITED is a UK-based company that specializes in the distribution of household products, clothing, and homeware

The company was founded in 1982 and has since become a leading retailer in the UK, with over 500 stores and an online presence.\n\nThe company's sustainability program is focused on reducing its environmental impact, promoting ethical sourcing, and supporting local communities

They have set ambitious targets to reduce their carbon emissions, water usage, and waste by a certain percentage by 2022

They also work closely with their suppliers to ensure fair labor practices and responsible sourcing of materials.\n\nNEXT DISTRIBUTION LIMITED offers a wide range of products, including clothing for men, women, and children, as well as homeware, furniture, and electrical items

They have a strong focus on quality and design, with many of their products being made from sustainable materials such as organic cotton and recycled materials.\n\nThe key people at NEXT DISTRIBUTION LIMITED include Lord Simon Wolfson, the CEO, and Michael Roney, the Chairman

Both have extensive experience in the retail industry and are committed to driving the company's success while also being socially responsible.\n\nThe company's website address is www.next.co.uk, where customers can shop online and find information about the company's products and services

The registered office address is Desford Road, Enderby, Leicester, LE19 4AT, United Kingdom.\n\nIn summary, NEXT DISTRIBUTION LIMITED is a successful company that not only provides quality products to its customers but also strives to operate in a sustainable and ethical manner

With their strong leadership and commitment to sustainability, they continue to be a leading retailer in the UK

Financial Metrics

Cash
£2,264,000
Net Worth
£382,076,000
Total Current Assets
£41,413,000
Total Current Liabilities
£52,697,000

Company Location