NEXT RETAIL LIMITED
Company Information
- Company Number
- 04521150
- Registered Address
- Desford Road, Enderby, Leicester, LE19 4AT
- Status
- Active
- Employee Count
- 30,573
- Turnover
- £4,644,231,000
- EBITDA
- £814,072,000
Additional Details
- Website
- https://app.next.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 29 August 2002
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores47721 - Retail sale of footwear in specialised stores47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)47910 - Retail sale via mail order houses or via Internet
- Industries
- Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
- Region
- East Midlands
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 |
|---|---|---|---|---|---|---|
| 26 Jan 2025 - 26 Jul 2025 | 27 Aug 2025 | 24 | 89% | 10% | 1% | 28% |
| 28 Jul 2024 - 25 Jan 2025 | 25 Feb 2025 | 23 | 86% | 13% | 1% | 36% |
| 30 Jul 2023 - 27 Jan 2024 | 26 Feb 2024 | 22 | 91% | 8% | 1% | 21% |
| 29 Jan 2023 - 29 Jul 2023 | 25 Aug 2023 | 23 | 91% | 7% | 2% | 19% |
| 31 Jul 2022 - 28 Jan 2023 | 22 Feb 2023 | 24 | 90% | 8% | 2% | 17% |
| 30 Jan 2022 - 30 Jul 2022 | 30 Aug 2022 | 23 | 92% | 7% | 1% | 19% |
| 01 Aug 2021 - 29 Jan 2022 | 25 Feb 2022 | 20 | 89% | 10% | 1% | 24% |
| 31 Jan 2021 - 31 Jul 2021 | 20 Aug 2021 | 21 | 92% | 7% | 1% | 21% |
| 26 Jul 2020 - 30 Jan 2021 | 26 Feb 2021 | 23 | 85% | 15% | 1% | 34% |
| 26 Jan 2020 - 25 Jul 2020 | 24 Aug 2020 | 23 | 92% | 6% | 2% | 20% |
| 28 Jul 2019 - 25 Jan 2020 | 20 Feb 2020 | 22 | 93% | 6% | 1% | 20% |
| 29 Jul 2018 - 26 Jan 2019 | 25 Feb 2019 | 21 | 92% | 6% | 2% | 35% |
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 contractual terms for goods and services is 30 days with exception of intercompany Goods for Resale invoices which are paid between 2 to 14 day terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Intercompany invoices and preformance have been included for completeness.
Maximum contractual payment period agreed
90
Dispute Resolution Process
Central accounts payable phone number in place for suppliers to contact us for any matters under dispute. Calls are usually answered at the time of the call and responded to within 24 hours. Alternatively, suppliers may use email as a method of documenting their queries and these are responded to with within 7 days. Supplier emails or calls may be escalated to our management team where required.
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
NEXT RETAIL LIMITED is a British multinational retail company that offers a wide range of clothing, home products, and financial services
The company was founded in 1982 and is headquartered in Leicester, UK.\n\nThe company operates over 500 stores in the UK and Ireland, as well as an online shopping platform
They offer a variety of products for men, women, and children, including fashion items, footwear, homeware, and beauty products.\n\nNEXT RETAIL LIMITED is committed to sustainability and has implemented several initiatives to reduce their environmental impact
They have set targets to reduce carbon emissions, waste, and water usage in their operations
They also use sustainable materials in their products and have a recycling program for their packaging.\n\nThe company has a team of key people, including CEO Simon Wolfson, who leads the company's strategic direction and overall performance
They also have a dedicated sustainability team that oversees the company's environmental and social responsibility efforts.\n\nFor customer convenience, NEXT RETAIL LIMITED offers various delivery options, including standard, next day, and nominated day delivery
They also have a click and collect service available at their stores.\n\nTheir registered office address is Desford Road, Enderby, Leicester, LE19 4AT, UK
Customers can contact them through their website, www.next.co.uk, where they can also browse and purchase products
The company also has a customer service team available for inquiries and assistance
