LULULEMON ATHLETICA UK LTD carries an average payment time of 45 days, which already exceeds the standard 30-day benchmark by 50%. While 62% of invoices are settled within 30 days, the remaining 38% extend into longer payment windows, with 16% surpassing 60 days, indicating a tail of significantly delayed settlements. The overall late payment rate of 44% suggests that delayed payments are a recurring pattern rather than an isolated occurrence.
The wide spread across payment bands — from under 30 days to over 60 days — points to inconsistent cash flow management or internal approval processes that create unpredictable payment cycles. With nearly one in six invoices paid beyond 60 days, suppliers face meaningful exposure to extended cash flow gaps. This level of variability makes accurate receivables forecasting difficult and increases the administrative burden of chasing outstanding balances.
LULULEMON ATHLETICA UK LTD presents a moderate-to-elevated payment risk profile, driven by a 44% late payment rate and an average settlement period of 45 days. Suppliers should consider building extended payment terms — such as net 45 or net 60 — into contracts to align expectations with observed behaviour, and may wish to apply early payment discounts as an incentive to accelerate settlement. Credit limits should be set conservatively until a more consistent payment pattern is established.
| 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 Feb 2024 - 31 Jul 2024 | 08 Oct 2024 | 45 | 62% | 22% | 16% | 44% |
| 01 Aug 2023 - 31 Jan 2024 | 04 Sept 2024 | 47 | 64% | 20% | 16% | 49% |
| 01 Feb 2023 - 31 Jul 2023 | 04 Sept 2024 | 55 | 61% | 17% | 22% | 51% |
| 01 Aug 2022 - 31 Jan 2023 | 04 Sept 2024 | 63 | 58% | 20% | 22% | 48% |
| 01 Feb 2022 - 31 Jul 2022 | 04 Sept 2024 | 39 | 68% | 19% | 13% | 52% |
| 01 Aug 2021 - 31 Jan 2022 | 04 Sept 2024 | 55 | 59% | 21% | 20% | 53% |
| 01 Feb 2021 - 31 Jul 2021 | 04 Sept 2024 | 45 | 67% | 19% | 14% | 45% |
| 01 Aug 2020 - 31 Jan 2021 | 04 Sept 2024 | 44 | 67% | 20% | 13% | 45% |
| 01 Feb 2020 - 31 Jul 2020 | 04 Sept 2024 | 53 | 60% | 18% | 22% | 53% |
| 01 Aug 2019 - 31 Jan 2020 | 04 Sept 2024 | 71 | 59% | 17% | 24% | 53% |
| 01 Feb 2019 - 31 Jul 2019 | 04 Sept 2024 | 43 | 65% | 18% | 17% | 55% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The business’ standard payment terms are net 30.
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
The Accounts Payable team handles all supplier disputes and concerns on a case-by-case basis. The Accounts Payable team may reach out to the lululemon business partner who owns the relationship with the supplier or a member of the lululemon Accounting team for assistance and information to resolve the dispute. Claims of unpaid invoices is checked in our systems to verify status. If the invoice is paid, we provide the supplier with additional proof of payment (suppliers receive remittances automatically when a payment is processed). If the invoice is unpaid, the team investigates the situation and processes due payment in the next pay run.
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
LULULEMON ATHLETICA UK LTD is a private limited company operating within the athletic and activewear sector in the United Kingdom. The company forms part of the internationally recognised Lululemon Athletica brand, bringing its premium performance apparel and accessories to the British market.
The company was incorporated on 2 June 2011 and is registered in England and Wales under company number 07655911. Its registered office is located at Mezzanine Level, Eighty Strand, London, WC2R 0DT, placing it in one of the capital's prominent commercial addresses.
As an athletic apparel retailer, the company operates within the UK's performance and lifestyle clothing market, offering products designed for activities such as yoga, running, and general fitness training. Lululemon Athletica is known for its technical fabrics, functional design, and premium quality across its range of clothing and accessories for both men and women.
With its status recorded as active, LULULEMON ATHLETICA UK LTD continues to serve British consumers through its retail and commercial operations, contributing to the growing activewear and athleisure segment of the UK fashion and sporting goods industry.