Score of 100/100 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 |
|---|---|---|---|---|---|---|
| 02 Feb 2025 - 02 Aug 2025 | 22 Aug 2025 | 4 | 100% | 0% | 0% | 0% |
| 04 Aug 2024 - 01 Feb 2025 | 21 Feb 2025 | 3 | 100% | 0% | 0% | 0% |
| 30 Jul 2023 - 03 Feb 2024 | 23 Feb 2024 | 7 | 98% | 2% | 0% | 0% |
| 29 Jan 2023 - 29 Jul 2023 | 30 Aug 2023 | 12 | 92% | 8% | 0% | 7% |
| 31 Jul 2022 - 28 Jan 2023 | 16 Feb 2023 | 12 | 89% | 10% | 1% | 2% |
| 30 Jan 2022 - 30 Jul 2022 | 03 Aug 2022 | 12 | 84% | 13% | 3% | 6% |
| 01 Aug 2021 - 29 Jan 2022 | 08 Feb 2022 | 19 | 79% | 17% | 4% | 8% |
| 31 Jan 2021 - 31 Jul 2021 | 24 Aug 2021 | 17 | 84% | 11% | 5% | 6% |
| 02 Aug 2020 - 30 Jan 2021 | 25 Feb 2021 | 15 | 89% | 9% | 2% | 5% |
| 02 Feb 2020 - 01 Aug 2020 | 13 Aug 2020 | 14 | 90% | 9% | 1% | 2% |
| 04 Aug 2019 - 01 Feb 2020 | 14 Feb 2020 | 14 | 89% | 7% | 4% | 4% |
| 05 Aug 2018 - 02 Feb 2019 | 26 Feb 2019 | 15 | 90% | 6% | 4% | 7% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Month end plus 28 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
Disputes are handled on a case-by-case basis. The company first seeks to resolve disputes informally. If informal resolution cannot be achieved the parties will follow the dispute resolution process as detailed in the supplier’s contract.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
GAP EUROPE LIMITED is a multinational clothing and accessories retailer headquartered in London, United Kingdom. The company was founded in 1969 and has since grown to become a leading brand in the fashion industry.
The company's main focus is on providing high-quality and trendy clothing for men, women, and children. They offer a wide range of products including jeans, t-shirts, dresses, jackets, and accessories such as bags and shoes.
GAP EUROPE LIMITED is committed to sustainability and has implemented various initiatives to reduce its environmental impact. They have set targets to reduce their carbon emissions and water usage, as well as increase the use of sustainable materials in their products. The company also encourages recycling and has a program in place to collect and recycle used clothing.
The key people at GAP EUROPE LIMITED include the CEO, Sonia Syngal, who has been with the company since 2004, and the President and Chief Product Officer, Mark Breitbard, who joined the company in 2017.
For customer convenience, the company has an online store where customers can shop for their products. They also have physical stores located across the UK and Europe. The company can be contacted through their website or registered office address at 2nd Floor, Nations House, Wigmore Street, London, W1U 1QS.
In summary, GAP EUROPE LIMITED is a well-established fashion retailer with a strong focus on sustainability. They offer a wide range of stylish and high-quality products for men, women, and children, and are committed to reducing their environmental impact. With a strong leadership team and a convenient online and offline presence, they continue to be a popular choice among customers.