PRADA RETAIL UK LIMITED
Company Information
- Company Number
- 03299599
- Registered Address
- 17-18 Old Bond Street, London, England, W1S 4PT
- Status
- Active
- Employee Count
- 367
- Turnover
- £155,288,000
- EBITDA
- £7,728,000
Additional Details
- Website
- https://prada.com
- Company Type
- Private limited Company
- Incorporated On
- 7 January 1997
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores47721 - Retail sale of footwear in specialised stores47722 - Retail sale of leather goods in specialised stores
- Industries
- Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 | 01 Aug 2025 | 61 | 10% | 36% | 54% | 13% |
| 01 Jul 2024 - 31 Dec 2024 | 25 Feb 2025 | 103 | 6% | 19% | 75% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 09 Aug 2021 | 105 | 5% | 8% | 87% | 15% |
| 01 Jul 2020 - 31 Dec 2020 | 16 Apr 2021 | 146 | 2% | 4% | 94% | 38% |
| 01 Jul 2019 - 31 Dec 2019 | 25 Feb 2020 | 120 | 5% | 8% | 87% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Jul 2019 | 88 | 3% | 7% | 90% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Mar 2019 | 90 | 3% | 5% | 92% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 02 Aug 2018 | 88 | 3% | 6% | 91% | 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 payment terms are 30 days following the end of the month of the invoice date for local suppliers, and 60-180 days for Inter-company, up to 330 days for assets and capital expenditure
Were there any changes to the standard payment terms in the reporting period?
reduced payment terms for inter-company transactions
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
330
Dispute Resolution Process
Prada Retail UK Ltd has dedicated accounts payable staff and contact points for suppliers. In case of disputes suppliers can liase with accounts payable staff or directly with buyers 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
PRADA RETAIL UK LIMITED is a luxury fashion company that was founded in Italy in 1913
The company is known for its high-end products and its sustainability program, which is committed to reducing its environmental impact and promoting ethical practices.\n\nThe company's main activities include the design, manufacture, and sale of luxury clothing, accessories, and footwear for men and women
Their products are known for their high quality, craftsmanship, and innovative designs.\n\nAs part of their sustainability program, PRADA RETAIL UK LIMITED has implemented various initiatives to reduce their environmental footprint
This includes using sustainable materials, promoting recycling and waste reduction, and implementing energy-saving measures in their stores and offices.\n\nThe company also has a strong commitment to ethical production practices and has implemented strict standards for their suppliers to ensure fair labor practices and safe working conditions.\n\nThe key people of PRADA RETAIL UK LIMITED include CEO Patrizio Bertelli and Creative Director Miuccia Prada, who have both been instrumental in the company's success and commitment to sustainability.\n\nThe company's website address is www.prada.com and their registered office address is 1-3 Church Street, London, NW8 8EE, United Kingdom
Customers can also contact them via email at customerservice.uk@prada.com or by phone at +44 (0) 20 7647 5000.\n\nIn summary, PRADA RETAIL UK LIMITED is a luxury fashion company that is known for its high-quality products and commitment to sustainability
With their ethical practices and innovative designs, they continue to be a leader in the luxury fashion industry
