The average time to pay for DECATHLON UK LIMITED has been decreasing over the past three periods, with the most significant decrease seen in the 2021-07-01 to 2021-12-31 period. The percentage of invoices paid within 30 days has also been decreasing, while the percentage of invoices paid between 31 and 60 days has been increasing. The percentage of invoices paid later than 60 days has been fluctuating but has overall decreased in the most recent period.
The data for DECATHLON UK LIMITED shows a relatively stable trend in terms of average time to pay and percentage of invoices paid within 30 days, with only minor fluctuations. However, there has been more volatility in the percentage of invoices paid between 31 and 60 days and the percentage of invoices paid later than 60 days, with larger changes seen between periods.
DECATHLON UK LIMITED has shown a consistent decrease in the average time to pay over the past three periods. However, there has been a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days. The percentage of invoices paid later than 60 days has also decreased, but there has been some fluctuation between periods.
| 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 Jul 2025 - 31 Dec 2025 | 29 Jan 2026 | 64 | 35% | 60% | 5% | 54% |
| 06 Oct 2023 - 05 Apr 2024 | 24 Jul 2024 | 33 | 77% | 17% | 6% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 31 | 76% | 21% | 3% | 32% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 38 | 60% | 25% | 15% | 41% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 35 | 67% | 23% | 10% | 39% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | 51 | 78% | 16% | 6% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Jul 2020 | 55 | 95% | 3% | 2% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Nov 2019 | 44 | 96% | 2% | 2% | 39% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most frequently used payment tersm are 45 and 60 days net depending on invoicing dates. If supplier's invoices are dated from mid month, the payment terms are set to 45 days net. If the invoices are dated the beginning of the month, the payments terms are set to 60 days net. These are the set standard terms of payment for Decathlon. For rent payments and utility supplies, we hat set 30 days net payments terms.
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
01. Accounting Identification As soon as the Accounts Payable (AP) team identifies a discrepancy between the invoice and the agreed terms: Status Change: The invoice must be put on status "Hold" in the EONE system to halt the payment clock, or before reaching accounting the invoice can get refused in GEX by the responsible operation. The "Undisputed" Rule: If a portion of the invoice is correct (e.g., we agree on £800 of a £1,000 invoice), the £800 should be paid. This limits our liability for interest to the remaining £200. 02. The Formal Rejection (Accounting Level) Before legal intervention, Accounting Payable must send a Notice of Dispute to the supplier's credit control. Requirement: Specify the exact reason (e.g., "Article 4.2 of the Service Agreement - Price mismatch"). Request: Formally request a Credit Note for the disputed amount. 03. Escalation to Legal (The "Legal Part") If the supplier rejects the accounting query or sends a "Final Demand," the file moves to the L&C department. Evidence Handover: Accounting payable must provide Legal with the "Dispute File" containing: The original Contract/PO. The Notice of Dispute sent by Accounting Payable. All correspondence regarding the disagreement. Legal Review: Legal assesses the strength of the supplier's claim under the contract terms. 04. Legal Response & Pre-Action Protocol Once the L&C department takes over, the tone shifts to the formal legal framework of England & Wales: Letter of Response: If the supplier issues a Letter of Claim, Legal must respond within the protocol timelines (usually 14-30 days) Alternative Dispute Resolution (ADR): We may propose a "Without Prejudice" meeting or mediation to settle the amount without court proceedings.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Decathlon UK Limited is the UK operating company for the Decathlon sporting goods retailer, registered in London. It sells sports and outdoor equipment, clothing and footwear covering activities such as cycling, hiking, camping, fitness, swimming, running and football, through physical stores and online. Services include click and collect, product buy-back, repair and maintenance, second-hand goods, gift cards and business or school bulk purchasing. The evidence shows a broad own-brand and third-party product range aimed at both individual consumers and business customers, alongside membership and cycle-to-work scheme offerings, positioning it as a multi-sport retail business rather than a manufacturer of a single product category.
Generated from the company's website and Companies House records. Sources: decathlon.co.uk