TJX UK

Company Information

Company Number
03094828
Registered Address
73 Clarendon Road, Watford, Hertfordshire, United Kingdom, WD17 1TX
Status
Active
Employee Count
24,801
Turnover
£3,887,200,000
EBITDA
£250,800,000

Additional Details

Company Type
Private unlimited company
Incorporated On
18 August 1995
Nature of Business
47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Industries
Creative,Media And Publishing,Healthcare And Wellbeing,Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
64 days
Shortest Period:60 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
19%
31-60 Days
48%
After 60 Days
33%
Not Paid Within Terms11%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2025-08-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
02 Feb 2025 - 02 Aug 202529 Aug 20256419%48%33%11%
30 Jul 2023 - 03 Feb 202428 Feb 20247016%39%45%17%
29 Jan 2023 - 29 Jul 202324 Aug 20236818%38%44%16%
31 Jul 2022 - 28 Jan 202323 Feb 20237515%31%54%19%
30 Jan 2022 - 30 Jul 202219 Aug 20227715%28%57%17%
01 Aug 2021 - 29 Jan 202225 Feb 20227613%23%65%20%
31 Jan 2021 - 31 Jul 202127 Aug 20217715%16%69%13%
02 Aug 2020 - 30 Jan 202126 Feb 20218313%15%72%18%
02 Feb 2020 - 01 Aug 202028 Aug 20206326%39%35%50%
04 Aug 2019 - 01 Feb 202028 Feb 20205141%45%14%22%
05 Aug 2018 - 02 Feb 201928 Feb 20194941%44%15%23%

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

Trade Vendors: TJX UK is committed to paying its invoices within agreed terms. In relation to trade vendors, we believe the majority of invoices that are not paid within the agreed terms are as a result of non-submission of an accurate invoice to TJX UK. TJX UK typically endeavours to contact vendors where goods have been received and we have not received a vendor’s invoice. Non Trade Vendors: TJX UK Standard payment terms for non-trade suppliers, other than rents, rates and utilities, are currently 60 days on satisfactory completion of the work and on receipt of an accurate and valid VAT invoice.

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

120

Dispute Resolution Process

The main contact for queries or disputes relating to invoices will typically be the TJX UK Accounts Payable team. Vendors are generally required to send a copy of the invoice which is under dispute together with the relevant TJX UK Purchase Order number to support in the investigation of the query. Following investigation of the query, Accounts Payable will aim to resolve the vendor’s dispute within 5 working days.

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

TJX UK is a leading off-price retailer in the United Kingdom, offering a wide range of products at discounted prices

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.\n\nTheir sustainability program includes initiatives such as reducing energy consumption, increasing the use of renewable energy, and promoting recycling and waste reduction

They also work closely with their suppliers to ensure ethical and sustainable practices throughout their supply chain.\n\nTJX UK offers a variety of products across their brands including clothing, homeware, and accessories

They source their products from over 20,000 vendors globally, allowing them to offer a diverse range of products at great value to their customers.\n\nThe company is led by a dedicated team of executives, including CEO Paul Sweetenham and President Louise Greenlees

They are committed to driving the company's growth while maintaining their strong focus on sustainability.\n\nTJX UK can be contacted through their website, which also provides information on their sustainability initiatives and products

Their registered office address is 50 Clarendon Road, Watford, Hertfordshire, WD17 1TX, United Kingdom.\n\nIn summary, TJX UK is a leading off-price retailer in the UK, offering sustainable products at discounted prices

Their commitment to sustainability, wide range of products, and dedicated leadership team make them a popular choice for customers looking for quality and value

Financial Metrics

Cash
£274,800,000
Net Worth
£679,000,000
Total Current Assets
£988,700,000
Total Current Liabilities
£782,600,000

Company Location