WGSN LIMITED
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
- Website
- https://www.wgsn.com:443/en
- Company Type
- Private limited Company
- Incorporated On
- 6 August 2003
- Nature of Business
- 58190 - Other publishing activities63990 - Other information service activities not elsewhere classified82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 28 | 61% | 35% | 4% | 64% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 20 | 92% | 6% | 2% | 36% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 14 | 88% | 5% | 8% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 16 | 93% | 3% | 4% | 35% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 17 | 86% | 6% | 7% | 35% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 26 | 71% | 28% | 1% | 39% |
| 01 Jan 2020 - 30 Jun 2020 | 04 Aug 2020 | 27 | 0% | 70% | 30% | 49% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 25 | 79% | 20% | 1% | 41% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 16 | 89% | 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.
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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
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.