| 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 Sept 2024 - 01 Mar 2025 | 25 Mar 2025 | 68 | 22% | 18% | 60% | 21% |
| 25 Feb 2024 - 31 Aug 2024 | 23 Sept 2024 | 69 | 24% | 14% | 62% | 27% |
| 27 Aug 2023 - 24 Feb 2024 | 22 Mar 2024 | 68 | 24% | 15% | 61% | 24% |
| 28 Aug 2022 - 25 Feb 2023 | 24 Mar 2023 | 71 | 18% | 20% | 62% | 61% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Property suppliers: 0 to 30 days All other suppliers: 30 to 90 days Shorter payment terms may be agreed with freelancers and sole traders as part of commercial negotiations. If payments fall on a weekend or bank holiday, they will be paid on the next working day. The majority of payments reported as ‘not been paid within agreed terms’ above relate to suppliers with payment terms of 14 days or less.
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
90
We engage closely with suppliers to ensure that we minimise the impact of delays which tend to be caused by invoice or receiving discrepancies. When an issue has occurred, it is managed through our AP team, with acceleration, if required, through to the Director of Group Finance.
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
Accessorize Brands Ltd is registered for the retail sale of clothing in specialised stores and operates under the Accessorize brand. Its website describes it as offering fashion accessories, jewellery and gifts, with products including bags, jewellery, scarves, swimwear, backpacks and seasonal clothing items sold online with delivery. The company is based in London and was incorporated in April 2020. Based on the available evidence, its core activity is the retail of fashion accessories and related items through its own e-commerce site, targeted primarily at female shoppers, rather than manufacturing the goods it sells.
Generated from the company's website and Companies House records. Sources: accessorize.co.uk