GAP UK HOLDINGS LIMITED
Company Information
- Company Number
- 03720778
- Registered Address
- C/O Tmf Group, 13th Floor, One Angel Court, London, United Kingdom, EC2R 7HJ
- Status
- Active
- Employee Count
- 1
- Turnover
- £61,925,000
- EBITDA
- -£1,841,000
Additional Details
- Website
- https://gap.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 25 February 1999
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time for GAP (UK HOLDINGS) LIMITED to pay invoices has gradually decreased over the past three periods, from 21 days in 2019-02-03 to 8 days in 2023-01-29.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has remained relatively consistent over the past three periods, with a slight decrease from 95% in 2019-02-03 to 93% in 2021-08-01. However, there has been a significant improvement in the percentage of invoices paid between 31 and 60 days, from 5% in 2019-02-03 to 1% in 2022-08-31.
Summary Analysis
From the data, it is evident that GAP (UK HOLDINGS) LIMITED has consistently improved their payment practices over the past three periods, with a gradual decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days.
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 |
|---|---|---|---|---|---|---|
| 04 Aug 2024 - 01 Feb 2025 | 21 Feb 2025 | 4 | 100% | 0% | 0% | 1% |
| 30 Jul 2023 - 03 Feb 2024 | 23 Feb 2024 | 34 | 0% | 100% | 0% | 0% |
| 29 Jan 2023 - 29 Jul 2023 | 30 Aug 2023 | 8 | 100% | 0% | 0% | 0% |
| 31 Aug 2022 - 28 Jan 2023 | 16 Feb 2023 | 6 | 99% | 1% | 0% | 0% |
| 30 Jan 2022 - 30 Jul 2022 | 03 Aug 2022 | 7 | 98% | 1% | 1% | 2% |
| 01 Aug 2021 - 29 Jan 2022 | 08 Feb 2022 | 15 | 93% | 7% | 0% | 1% |
| 31 Jan 2021 - 31 Jul 2021 | 24 Aug 2021 | 14 | 100% | 0% | 0% | 0% |
| 02 Aug 2020 - 30 Jan 2021 | 25 Feb 2021 | 15 | 100% | 0% | 0% | 0% |
| 02 Feb 2020 - 01 Aug 2020 | 13 Aug 2020 | 18 | 100% | 0% | 0% | 0% |
| 04 Aug 2019 - 01 Feb 2020 | 14 Feb 2020 | 19 | 100% | 0% | 0% | 0% |
| 03 Feb 2019 - 03 Aug 2019 | 29 Aug 2019 | 21 | 95% | 5% | 0% | 2% |
| 05 Aug 2018 - 02 Feb 2019 | 26 Feb 2019 | 20 | 96% | 4% | 0% | 1% |
| 04 Feb 2018 - 04 Aug 2018 | 29 Aug 2018 | 19 | 94% | 5% | 1% | 2% |
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
Month end plus 28 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
58
Dispute Resolution Process
Disputes are handled on a case-by-case basis. The company first seeks to resolve disputes informally. If informal resolution cannot be achieved the parties will follow the dispute resolution process as detailed in the supplier’s contract.
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
GAP (UK HOLDINGS) LIMITED is a British clothing and accessories retailer that was founded in 1969. The company is headquartered in London and has over 100 stores across the UK. It is a subsidiary of the American clothing brand, GAP Inc.
The company's sustainability program focuses on reducing their environmental impact through initiatives such as using sustainable materials, reducing waste, and implementing energy-efficient practices in their stores and offices. They also have a commitment to ethical sourcing and fair labor practices in their supply chain.
GAP offers a wide range of products including clothing, accessories, and footwear for men, women, and children. They are known for their casual and classic styles, as well as their collaborations with designers and celebrities. The company also has a line of sustainable denim called "WaterLess" which uses less water in the production process.
The key people at GAP (UK HOLDINGS) LIMITED include Mark Breitbard, the President and CEO, and Sonia Syngal, the Global CEO of GAP Inc. The company's contact information can be found on their website, including their registered office address in London.
In summary, GAP (UK HOLDINGS) LIMITED is a leading fashion retailer in the UK with a strong focus on sustainability and ethical practices. Their wide range of products, including their sustainable denim line, caters to all ages and genders. With a commitment to reducing their environmental impact, GAP is a responsible and socially conscious brand.
