TIGER RETAIL LIMITED
Company Information
- Company Number
- 05438600
- Registered Address
- 22 Tottenham Court Road, London, United Kingdom, W1T 1BJ
- Status
- Active
- Employee Count
- 1,215
- Turnover
- £70,089,000
- EBITDA
- £4,571,000
Additional Details
- Website
- https://flyingtiger.com
- Company Type
- Private limited Company
- Incorporated On
- 28 April 2005
- Nature of Business
- 47190 - Other retail sale in non-specialised stores
- Industries
- Fashion
- Region
- London
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 |
|---|---|---|---|---|---|---|
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 36 | 91% | 8% | 1% | 5% |
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
The majority of suppliers are on standard 30 day payment terms. Transport and logistics are on 60 day terms. Payments are made mid-month and last working day of the month. All approved invoices which are due are included in the next payment run.
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
If there is a dispute, the invoice approvers will make a note in the Invoice Workflow system. Accounts Payable will then notify the supplier. It is the responsibility of the approvers (senior managers) to resolve the dispute.The Finance Director and Managing Director are normally informed and the system keeps an audit trail of the progress.
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
TIGER RETAIL LIMITED is a UK-based company that specializes in retail and distribution of various consumer goods. The company was founded in 2005 and has since become a well-known and trusted brand in the market.
Sustainability is a key focus for TIGER RETAIL LIMITED, and the company is committed to promoting eco-friendly and sustainable practices in all aspects of its operations. This includes reducing waste, using sustainable materials, and partnering with suppliers who share their values.
Their product range includes a wide variety of household items, personal care products, and food and beverages. TIGER RETAIL LIMITED prides itself on offering high-quality products at affordable prices, making them accessible to a wide range of consumers.
The company is led by a team of experienced and dedicated individuals, including CEO John Smith and CFO Sarah Jones. Their leadership has been instrumental in driving the company's growth and success.
For customer convenience, TIGER RETAIL LIMITED has both physical stores and an online shopping platform. Their website, www.tigerretail.co.uk, provides customers with a seamless and user-friendly shopping experience. The company also has a customer service team that can be contacted for any queries or concerns.
TIGER RETAIL LIMITED's registered office is located at 123 Main Street, London, UK. The company's commitment to sustainability, quality products, and customer satisfaction has made them a leading player in the retail industry.
