WGSN LIMITED

PaymentCheck Score 2025
66Fair
21.4vs last year
#2678 in UK
#1088 in London

Company Information

Company Number
04858491
Registered Address
78 York Street, London, England, W1H 1DP
Status
Active
Employee Count
219
Turnover
£44,079,000
EBITDA
£26,187,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 August 2003
Nature of Business
58190 - Other publishing activities
63990 - Other information service activities not elsewhere classified
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
20 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
92%
31-60 Days
6%
After 60 Days
2%
Not Paid Within Terms36%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20252861%35%4%64%
01 Jul 2024 - 31 Dec 202429 Jan 20252092%6%2%36%
01 Jan 2022 - 30 Jun 202229 Jul 20221488%5%8%24%
01 Jul 2021 - 31 Dec 202128 Jan 20221693%3%4%35%
01 Jan 2021 - 30 Jun 202129 Jul 20211786%6%7%35%
01 Jul 2020 - 31 Dec 202029 Jan 20212671%28%1%39%
01 Jan 2020 - 30 Jun 202004 Aug 2020270%70%30%49%
01 Jul 2019 - 31 Dec 201931 Jan 20202579%20%1%41%
01 Jan 2018 - 30 Jun 201831 Jul 20181689%11%1%44%

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

WGSN Ltd standard payment terms are 30 days from invoice date. Maximum terms are 60 days. There have been no blanket changes to existing supplier payment terms during the reporting period.

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

Dispute Resolution Process

1. The Purchase Order requests suppliers send invoices to a dedicated mailbox. When sent, the supplier receives an auto email advising Processing times\Processing requirement\AP contacts\3 Tier Escalation contact route if required. For incorrectly prepared invoices, suppliers are sent a rejection email within 48 hours of receipt advising the information required to resubmit for payment. 2. Communication sent to the suppliers who are not sending their invoices on time to AP

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

WGSN LIMITED is a global trend forecasting company that provides insights and predictions on fashion, design, and consumer behavior to businesses in the fashion and retail industry. Founded in 1998, the company has become a trusted source of trend information for over 6,000 clients in more than 100 countries.

As a company, WGSN is committed to sustainability and has a dedicated sustainability program in place. This includes reducing their environmental impact through measures such as using renewable energy, recycling, and promoting sustainable practices within their supply chain. They also aim to support and promote ethical and responsible business practices in the fashion industry.

WGSN offers a range of products and services to help businesses stay ahead in the ever-changing world of fashion. This includes trend forecasting reports, data analysis, and online tools for design and retail planning. They also offer educational resources and workshops to help businesses understand and apply trends in their own strategies.

The key people at WGSN include CEO Carla Buzasi, who has over 20 years of experience in fashion media and publishing, and Chief Content Officer, Francesca Muston, who has a background in trend forecasting and consumer insights. Together with a team of experts in fashion, design, and consumer behavior, they lead the company in providing cutting-edge trend information and analysis.

For more information on WGSN and their services, individuals can visit their website at www.wgsn.com. Their registered office address is 4th Floor, 2-5 Benjamin Street, Farringdon, London, EC1M 5QL, UK.

Financial Metrics

Cash
£541,000
Net Worth
£89,810,000
Total Current Assets
£105,784,000
Total Current Liabilities
£66,000,000

Company Location