INTU RETAIL SERVICES LIMITED
Company Information
- Company Number
- 08425923
- Registered Address
- 10 Fleet Place, London, EC4M 7RB
- Status
- In Administration
- Employee Count
- 1,932
- Turnover
- £95,800,000
- EBITDA
- £2,200,000
Additional Details
- Website
- https://intugroup.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 1 March 2013
- Nature of Business
- 81100 - Combined facilities support activities
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 7 | 92% | 5% | 3% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 5 | 91% | 4% | 5% | 10% |
| 01 Jul 2018 - 31 Dec 2018 | 06 Feb 2019 | 1 | 93% | 4% | 3% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 34 | 51% | 47% | 2% | 25% |
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
Our Standard Payment Terms are 60 days, however where we have a contract that denotes less than this then the contract terms are used against that supplier. All of our SME suppliers without a contract are set at 30 days or less. Any supplier without a contract has the payment terms printed on the purchase order that is sent to them.
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
Dispute Resolution Process
Any invoice that is disputing is loaded into a query resolution system. The requestor of the goods service communicates with the supplier via phone/email. All emails are uploaded along with the invoice so the dispute can be monitored by the central AP function.
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.
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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
Company Summary
INTU RETAIL SERVICES LIMITED is a leading retail company in the United Kingdom that offers a wide range of products and services to its customers. The company is committed to sustainability and has implemented various programs to promote environmental responsibility.
The company offers a diverse range of products and services including retail management, property management, and marketing services to its clients. They operate over 16 shopping centers across the UK, providing a wide variety of shopping and leisure experiences to their customers.
INTU RETAIL SERVICES LIMITED has a strong sustainability program in place, which focuses on reducing their carbon footprint, promoting energy efficiency, and waste reduction. They have also implemented recycling programs and are committed to using sustainable materials in their construction and operations.
The company has a team of key people who are responsible for driving the company's success. These include the CEO, Chief Operating Officer, and Managing Director, among others.
For any inquiries or information, customers can contact INTU RETAIL SERVICES LIMITED through their website, which is www.intugroup.co.uk. Their registered office address is located at 40 Broadway, London, SW1H 0BT, United Kingdom.
In conclusion, INTU RETAIL SERVICES LIMITED is a highly reputable retail company in the UK, offering sustainable products and services while prioritizing environmental responsibility. With a strong leadership team and a commitment to sustainability, the company continues to be a leader in the retail industry.
