LIPSY LIMITED
Company Information
- Company Number
- 05728110
- Registered Address
- Desford Road, Enderby, Leicester, Leicestershire, LE19 4AT
- Status
- Active
- Employee Count
- 317
- Turnover
- £223,299,000
- EBITDA
- £22,440,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 March 2006
- Nature of Business
- 46420 - Wholesale of clothing and footwear47710 - Retail sale of clothing in specialised stores
- 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 | 25 | 84% | 10% | 6% | 27% |
| 28 Jul 2024 - 25 Jan 2025 | 25 Feb 2025 | 36 | 79% | 10% | 11% | 51% |
| 30 Jul 2023 - 27 Jan 2024 | 26 Feb 2024 | 29 | 82% | 9% | 9% | 39% |
| 29 Jan 2023 - 29 Jul 2023 | 25 Aug 2023 | 34 | 82% | 9% | 9% | 37% |
| 31 Jul 2022 - 28 Jan 2023 | 22 Feb 2023 | 27 | 77% | 15% | 8% | 35% |
| 30 Jan 2022 - 30 Jul 2022 | 30 Aug 2022 | 20 | 89% | 7% | 4% | 24% |
| 01 Aug 2021 - 29 Jan 2022 | 25 Feb 2022 | 29 | 77% | 14% | 9% | 36% |
| 31 Jan 2021 - 31 Jul 2021 | 20 Aug 2021 | 24 | 81% | 14% | 5% | 33% |
| 26 Jul 2020 - 30 Jan 2021 | 26 Feb 2021 | 26 | 68% | 25% | 7% | 55% |
| 26 Jan 2020 - 25 Jul 2020 | 24 Aug 2020 | 29 | 74% | 15% | 11% | 38% |
| 28 Jul 2019 - 25 Jan 2020 | 20 Feb 2020 | 35 | 65% | 15% | 20% | 55% |
| 29 Jul 2018 - 26 Jan 2019 | 25 Feb 2019 | 21 | 85% | 10% | 5% | 33% |
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.
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 performance have been included for completeness. The business and assets of Lipsy Limited have been transferred to another group subsidiary, Next Retail Limited; therefore, payments during the period reflect the clear down of the remaining ledger.
Maximum contractual payment period agreed
30
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
LIPSY LIMITED is a British fashion company that specializes in women's clothing, accessories and beauty products
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.\n\nTheir sustainability program includes using sustainable materials, reducing water and energy consumption in their production processes, and promoting ethical and fair labor practices
They also have a recycling program for their packaging materials and encourage customers to recycle their products after use.\n\nLIPSY LIMITED offers a wide range of stylish and trendy clothing options for women, including dresses, tops, bottoms, and outerwear
They also have a range of accessories such as handbags, shoes, and jewelry
In addition, the company offers a variety of beauty products including makeup, skincare, and fragrances.\n\nThe key people at LIPSY LIMITED include their CEO, who oversees the overall operations of the company, and their design team, who are responsible for creating the latest fashion trends
They also have a dedicated customer service team that ensures excellent service for their customers.\n\nThe company's website address is www.lipsy.co.uk, where customers can browse and purchase their products online
LIPSY LIMITED's registered office address is 8 Manchester Square, London, W1U 3PH, United Kingdom
Overall, LIPSY LIMITED is a well-established and sustainable fashion company that offers a variety of stylish products for women
