| 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 | 27 Jan 2026 | 40 | 75% | 10% | 15% | 0% |
| 01 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 42 | 55% | 27% | 18% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 46 | 46% | 34% | 20% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 51 | 48% | 31% | 21% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 55 | 50% | 26% | 24% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 07 Sept 2023 | 53 | 43% | 32% | 25% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 07 Feb 2023 | 57 | 32% | 41% | 27% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 07 Jul 2022 | 51 | 60% | 21% | 19% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 47 | 58% | 24% | 18% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 40 | 62% | 22% | 16% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 48 | 46% | 25% | 29% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 40 | 48% | 27% | 25% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 33 | 67% | 26% | 7% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 29 | 59% | 36% | 5% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 28 | 5% | 95% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 24 | 77% | 20% | 3% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms are either 30 or 60 days from the date of receipt of the invoice, dependent on the supplier.
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
All payment disputes or complaints will initially be dealt with by the Accounts Payable department. Complaints are usually followed up within 5 working days and escalated as appropriate.
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
LORO PIANA G.B. LIMITED is a luxury Italian fashion brand that specializes in high-end cashmere and wool products. The company was founded in 1924 by the Loro Piana family and has since expanded its reach globally.
The company's sustainability program focuses on ethical sourcing and production methods, as well as supporting local communities in their supply chain. They are committed to using only the highest quality materials from sustainable sources and have implemented various eco-friendly initiatives in their production processes.
Their product range includes a variety of luxurious cashmere and wool garments such as sweaters, scarves, and jackets. They also offer a range of accessories and home furnishings made from the same high-quality materials.
The key people at LORO PIANA G.B. LIMITED include CEO Fabio d'Angelantonio and Chairman Pier Luigi Loro Piana, who both uphold the brand's commitment to quality and sustainability.
Customers can visit the company's website at www.loropiana.com for more information on their products and sustainability efforts. The registered office address for LORO PIANA G.B. LIMITED is 1 Sloane Square, London SW1W 8EE, United Kingdom. Overall, LORO PIANA G.B. LIMITED is a luxury brand that not only offers high-end products but also prioritizes sustainability in their operations.
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