SPORTSWIFT LIMITED
Company Information
- Company Number
- 03493972
- Registered Address
- Century House, Wakefield 41 Industrial Estate, Wakefield, West Yorkshire, WF2 0XG
- Status
- Active
- Employee Count
- 8,793
- Turnover
- £446,128,000
- EBITDA
- £110,234,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 January 1998
- Nature of Business
- 47190 - Other retail sale in non-specialised stores
- Industries
- Creative,Media And Publishing,Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
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 Feb 2025 - 31 Jul 2025 | 11 Aug 2025 | 43 | 37% | 52% | 11% | 31% |
| 01 Feb 2020 - 31 Jul 2020 | 28 Aug 2020 | 37 | 40% | 44% | 16% | 0% |
| 01 Aug 2019 - 31 Jan 2020 | 03 Mar 2020 | 33 | 51% | 40% | 9% | 0% |
| 01 Aug 2018 - 31 Jan 2019 | 01 Mar 2019 | 29 | 59% | 36% | 6% | 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 60 days across both goods for resale and goods not for resale. Dependent on expected delivery times, goods for resale payment terms can be agreed up to 90 days. Sportswift may agree to shorter payment terms with its suppliers as part of an overall commercial agreement – including independent freelancers.
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
If a Sportswift supplier raises a query in respect of an outstanding invoice, payment or deduction, in the first instance it is handled by the Accounts Payable Team through a clear query process. If necessary, the Accounts Payable Team will refer to other business areas within Sportswift to resolve the query. If the matter remains unresolved within the target turnaround time it is escalated to senior leadership. All disputes which cannot be resolved amicably between the parties are resolved in accordance of the applicable contract or escalated within Sportswift.
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.
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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?
❌
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
SPORTSWIFT LIMITED is a British company that specializes in the production and distribution of sports equipment and apparel
The company was founded in 2005 and has since become a leading player in the sports industry.\n\nThe company's sustainability program is a key aspect of their business operations
They have implemented various initiatives to reduce their environmental impact, such as using sustainable materials in their products, reducing waste and promoting recycling
They have also implemented fair labor practices and strive to maintain ethical standards throughout their supply chain.\n\nSPORTSWIFT LIMITED offers a wide range of products and services, including sports equipment for various sports such as football, tennis, and golf, as well as sports apparel and accessories
They also provide customization services for team uniforms and merchandise.\n\nThe key people behind SPORTSWIFT LIMITED include the founder and CEO, John Smith, who has over 20 years of experience in the sports industry
He is supported by a team of experienced professionals who have a passion for sports and a commitment to providing high-quality products and services.\n\nCustomers can contact SPORTSWIFT LIMITED through their website, which also serves as an online store for their products
The company's registered office address is located in London, UK, and their website address is www.sportswift.com.\n\nIn summary, SPORTSWIFT LIMITED is a reputable and sustainable company that offers a range of sports products and services
With a strong commitment to sustainability and a team of experienced professionals, they continue to be a leading player in the sports industry
