Score of 95.39/100 qualifies for PaymentCheck Certification
| 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 |
|---|---|---|---|---|---|---|
| 31 Jan 2021 - 31 Jul 2021 | 27 Sept 2021 | 16 | 92% | 7% | 1% | 4% |
| 01 Sept 2020 - 30 Jan 2021 | 27 Sept 2021 | 15 | 90% | 9% | 1% | 6% |
| 01 Mar 2020 - 31 Aug 2020 | 28 Sept 2020 | 39 | 43% | 47% | 10% | 43% |
| 25 Feb 2018 - 25 Aug 2018 | 13 Nov 2018 | 29 | 70% | 21% | 9% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Any disputes will be resolved in a prompt and timely manner directly with the supplier and is dealt with by the finance department.
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.
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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
FOOTASYLUM LIMITED is a UK-based retail company that specializes in selling footwear and clothing for men, women, and children. The company was founded in 2005 and is headquartered in Rochdale, Greater Manchester.
The company's sustainability program focuses on reducing their environmental impact through various initiatives such as using sustainable materials in their products, implementing energy-efficient practices in their stores and warehouses, and reducing their carbon footprint by using eco-friendly transportation methods.
FOOTASYLUM offers a wide range of products from popular brands such as Nike, Adidas, and Converse, as well as their own exclusive lines. They also have a strong online presence and offer international shipping to customers around the world.
The key people behind FOOTASYLUM include CEO Clare Nesbitt, who has been with the company since 2016, and Chairman John Wardle, who has over 40 years of experience in the retail industry.
Customers can contact FOOTASYLUM through their website, which also serves as an online store, or by visiting one of their 69 physical stores located across the UK. The company's registered office address is 13 Castle Street, Manchester, M3 4LZ.
In conclusion, FOOTASYLUM LIMITED is a leading retail company in the UK, known for its sustainable practices and wide range of products. With a strong online and physical presence, the company continues to grow and provide quality products to its customers.