| 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 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 39 | 38% | 49% | 13% | 52% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard term is the end of the month following,
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
61
The Account Payable department is responsible for dispute resolution. Disputes are resolved by negotiation with individual suppliers to ensure that a resolution is reached before the payment due date.
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
This entity is the registered company originally known as Sports Direct International Plc, now trading as Frasers Group plc following a 2019 rebrand. It functions as the head office of a large UK-based retail group, with SIC classification for head office activities. The wider Frasers Group operates a global network of stores and online retailing across sports, premium and luxury brands, offering clothing, footwear, sports equipment, electronics, jewellery, toys and video games. The group runs one of the UK's largest distribution centres from its Shirebrook site alongside a London office, employing over 30,000 people across more than 1,500 UK stores and 20 countries.
Generated from the company's website and Companies House records. Sources: frasers.group · frasers.group