DOROTHY PERKINS TRADING LIMITED
Company Information
- Company Number
- 08907197
- Registered Address
- C/O Teneo Financial Advisory Limited The Colmore Building, 20 Colmore Circus Queensway, Birmingham, B4 6AT
- Status
- Liquidation
- Employee Count
- 3,725
- Turnover
- £339,072,000
- EBITDA
- £17,595,000
Additional Details
- Website
- https://topshop.com
- Company Type
- Private limited Company
- Incorporated On
- 21 February 2014
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores47721 - Retail sale of footwear in specialised stores
- Industries
- Fashion
- Region
- West Midlands
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 |
|---|---|---|---|---|---|---|
| 03 Mar 2019 - 31 Aug 2019 | 04 Oct 2019 | 49 | 26% | 62% | 12% | 27% |
| 02 Sept 2018 - 02 Mar 2019 | 01 Apr 2019 | 55 | 17% | 63% | 20% | 32% |
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
Goods not for resale – Invoices are paid weekly, on 60 days payment terms Goods for resale – Invoices are paid twice weekly, on 90 days payment terms Settlement discount applied to all goods for resale invoices as below – Direct Imports suppliers – 4% Landed suppliers – 18.25%
Were there any changes to the standard payment terms in the reporting period?
Payment terms were amended, in consultation with our suppliers, in response to the COVID-19 pandemic and its impact on trading. Terms were increased by 30 days.
Any other information about payment terms
Payment terms were amended, in consultation with our suppliers, in response to the COVID-19 pandemic and its impact on trading. In addition payment processes were amended and payment runs made less frequently as a proportion of staff were furloughed. Adjusting for these two factors the % of payments made while overdue would have been 30%.
Maximum contractual payment period agreed
90
Dispute Resolution Process
Queries from the Company’s suppliers are directed through a central Supplier Liaison team within Accounts Payable. The following service level agreements are in place to ensure we respond to our suppliers within an acceptable time frame: (a) Urgent queries – 24 hours from receipt of query; and (b) Non-urgent queries – 48 hours from receipt of query. The initial contact points for suppliers are as follows: (a) Goods for resale – tradeinvoices@arcadiagroup.co.uk (b) Goods not for resale – general.expense.queries@arcadiagroup.co.uk
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.
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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?
❌
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
Dorothy Perkins Trading Limited is a British clothing retailer that offers a wide range of fashionable and affordable women's clothing, shoes, and accessories. The company was founded in 1909 and is headquartered in London, England.
The company's sustainability program is focused on reducing their environmental impact and promoting ethical practices in their supply chain. They have implemented initiatives such as using sustainable materials in their products, reducing their carbon footprint, and promoting fair labor practices.
Dorothy Perkins offers a variety of products for women of all ages and sizes, including petite and plus-size options. They have a wide range of clothing styles, from casual everyday wear to formal occasion wear. They also offer a range of shoes, bags, and accessories to complete any outfit.
The key people at Dorothy Perkins include CEO Ian Grabiner and Managing Director Nick Hollingworth. They are committed to providing customers with high-quality, on-trend products while also promoting sustainability and ethical practices.
Customers can shop at Dorothy Perkins through their website or at one of their many physical stores located throughout the UK. The company also offers international shipping to many countries.
The registered office address for Dorothy Perkins Trading Limited is Colegrave House, 70 Berners Street, London, W1T 3NL. Customers can also visit their website at www.dorothyperkins.com for more information on their products, sustainability program, and contact details.
