SUPERGROUP INTERNET LIMITED
Company Information
- Company Number
- 07139044
- Registered Address
- Unit 60 The Runnings, Cheltenham, Gloucestershire, GL51 9NW
- Status
- Active
- Employee Count
- 120
- Turnover
- £142,966,000
- EBITDA
- -£59,145,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 28 January 2010
- Nature of Business
- 47990 - Other retail sale not in stores, stalls or markets
- Industries
- Supply Chain
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
SUPERGROUP INTERNET LIMITED exhibits a trend where a majority of payments, 65%, are late, with an average payment time of 36 days. While 55% are paid within 30 days, a significant 45% extend beyond that, indicating a consistent pattern of delayed processing for a substantial portion of invoices.
Volatility Analysis
The high late payment rate of 65%, coupled with 39% of payments occurring between 31-60 days, indicates considerable unpredictability in payment timing. Furthermore, the 6% of payments extending beyond 60 days presents a clear risk of extended and unreliable cash flow for suppliers.
Summary Analysis
Suppliers should anticipate an average payment cycle of 36 days, with a high probability of payments being late. It is crucial to factor in these potential delays for cash flow planning and consider stricter payment terms or proactive follow-up for invoices to mitigate risk.
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 |
|---|---|---|---|---|---|---|
| 01 May 2023 - 28 Oct 2023 | 12 Dec 2024 | 36 | 55% | 39% | 6% | 65% |
| 01 Nov 2022 - 01 May 2023 | 01 Sept 2023 | 43 | 45% | 42% | 13% | 88% |
| 03 May 2022 - 28 Oct 2022 | 06 Dec 2022 | 56 | 42% | 37% | 21% | 74% |
| 21 Oct 2021 - 03 May 2022 | 30 Jun 2022 | 63 | 40% | 35% | 25% | 69% |
| 26 Apr 2021 - 21 Oct 2021 | 06 Jun 2022 | 37 | 56% | 31% | 13% | 63% |
| 26 Oct 2020 - 25 Apr 2021 | 09 Jun 2021 | 52 | 50% | 33% | 17% | 66% |
| 27 Oct 2019 - 25 Apr 2020 | 22 May 2020 | 45 | 51% | 31% | 18% | 66% |
| 28 Apr 2019 - 26 Oct 2019 | 26 Nov 2019 | 35 | 51% | 36% | 13% | 62% |
| 28 Oct 2018 - 27 Apr 2019 | 27 May 2019 | 35 | 48% | 41% | 11% | 35% |
| 29 Apr 2018 - 27 Oct 2018 | 27 Nov 2018 | 39 | 45% | 39% | 16% | 53% |
| 29 Oct 2017 - 28 Apr 2018 | 25 May 2018 | 40 | 42% | 40% | 18% | 44% |
| 30 Apr 2017 - 28 Oct 2017 | 27 Nov 2017 | 36 | 51% | 37% | 12% | 63% |
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
The Superdry group of companies operate to a set of standard payment terms, which are 60 days for goods for re-sale, 30 days for non-goods for re-sale and 14 days for store rents and utilities. Variations to these terms do exist based on agreements with certain suppliers.
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
Dispute Resolution Process
Payment disputes are settled by reference to the companies 'Condition of Purchase' in the first instance. Where disputes cannot be settled through this process, suppliers are asked to contact the Superdry Accounts Payable email and the appropriate accounts payable assistant will respond to the query. Superdry operates an escalation process which sees items not satisfactorily resolved in the first instance elevated to the Head of Department, Finance Operations Manager and CFO.
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
SUPERGROUP INTERNET LIMITED operates as a private limited company primarily focused on internet-related activities. Its company name directly indicates its specialisation within the digital sector.
Established as an active private limited company, SUPERGROUP INTERNET LIMITED was incorporated on 28 January 2010. Its registered office is located at Unit 60 The Runnings, Cheltenham, Gloucestershire, GL51 9NW, placing the organisation within the South West region of England.
Private limited companies specialising in internet services in the UK market typically provide a diverse range of digital solutions. These often encompass web development, online marketing strategies, e-commerce platform creation, and internet infrastructure support for various clients.
