The dominant trend for MICHAEL KORS (UK) LIMITED indicates payments typically fall within the 31-60 day range, accounting for 68% of invoices, which pushes the average payment time to 36 days. While 31% are paid within 30 days, suppliers should anticipate a consistent trajectory of payments just beyond standard net-30 terms.
Payment reliability is very high, with 99% of invoices settled within 60 days and only 1% classified as late or over 60 days. This profile suggests extremely low volatility and high predictability in payment timing, minimizing risk factors for significant delays.
Overall, MICHAEL KORS (UK) LIMITED presents a highly predictable and reliable payment profile for suppliers, with consistent payments averaging 36 days. Suppliers should account for the slightly extended 30-60 day payment window in their cash flow planning; no specific risk mitigation strategies beyond standard business practices are recommended.
| 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 Oct 2025 - 31 Mar 2026 | 29 Apr 2026 | 35 | 37% | 62% | 1% | 1% |
| 01 Apr 2025 - 30 Sept 2025 | 27 Oct 2025 | 36 | 31% | 68% | 1% | 1% |
| 01 Oct 2024 - 31 Mar 2025 | 19 May 2025 | 34 | 59% | 22% | 19% | 41% |
| 01 Apr 2024 - 30 Sept 2024 | 24 Oct 2024 | 35 | 59% | 21% | 20% | 41% |
| 01 Oct 2023 - 30 Mar 2024 | 18 Apr 2024 | 41 | 62% | 17% | 21% | 38% |
| 02 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 42 | 51% | 21% | 28% | 49% |
| 02 Oct 2022 - 01 Apr 2023 | 25 Apr 2023 | 64 | 46% | 23% | 31% | 54% |
| 03 Apr 2022 - 01 Oct 2022 | 14 Oct 2022 | 46 | 52% | 22% | 26% | 48% |
| 26 Sept 2021 - 02 Apr 2022 | 27 Apr 2022 | 50 | 48% | 24% | 28% | 52% |
| 28 Mar 2021 - 25 Sept 2021 | 18 Oct 2021 | 55 | 39% | 33% | 28% | 61% |
| 27 Sept 2020 - 27 Mar 2021 | 21 Apr 2021 | 100 | 32% | 29% | 39% | 68% |
| 29 Mar 2020 - 26 Sept 2020 | 26 Oct 2020 | 86 | 23% | 28% | 49% | 77% |
| 29 Sept 2019 - 28 Mar 2020 | 21 Apr 2020 | 40 | 67% | 24% | 9% | 33% |
| 31 Mar 2019 - 28 Sept 2019 | 28 Oct 2019 | 52 | 50% | 33% | 17% | 50% |
| 30 Sept 2018 - 30 Mar 2019 | 29 Apr 2019 | 55 | 30% | 49% | 21% | 70% |
| 01 Apr 2018 - 29 Sept 2018 | 07 Nov 2018 | 39 | 40% | 48% | 12% | 59% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from date of receipt of invoice
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
Any disputes are resolved between Supplier and Business User in conjunction with the Finance team
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
MICHAEL KORS (UK) LIMITED is an active private limited company operating in the United Kingdom. It functions as a commercial entity under its registered name.
The company was incorporated on 23 January 2008 and holds company number 06481234. Its registered office is situated at Second Floor, 90 Whitfield Street, London, Greater London, W1T 4EZ. The company's operational location is identified as 'Other'.
As a private limited company, MICHAEL KORS (UK) LIMITED is typically engaged in commercial trade and can provide a wide range of goods or services within the UK market. This legal structure enables the company to enter into contracts, employ staff, and hold assets.
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