ACCESSORIZE BRANDS LTD

PaymentCheck Score 2025
37Poor
0.0vs last year
#4137 in UK
#173 in Creative
#1428 in London

Company Information

Company Number
12543459
Registered Address
Yellow Building, 1 Nicholas Road, London, England, W11 4AN
Status
Active
Employee Count
61
Turnover
£67,838,000
EBITDA
£1,327,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 April 2020
Nature of Business
47710 - Retail sale of clothing in specialised stores
Industries
Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
Region
London

Time to Pay

Average Time to Pay
68 days
Shortest Period:14 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
22%
31-60 Days
18%
After 60 Days
60%
Not Paid Within Terms21%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-03-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 01 Mar 202525 Mar 20256822%18%60%21%
27 Aug 2023 - 24 Feb 202422 Mar 20246824%15%61%24%
28 Aug 2022 - 25 Feb 202324 Mar 20237118%20%62%61%

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

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

Dispute Resolution Process

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.

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

ACCESSORIZE BRANDS LTD is a UK-based fashion and accessories retailer that operates under the parent company, Monsoon Accessorize Ltd. The company was founded in 1984 and has since grown to become a popular brand worldwide, with over 800 stores in 70 countries.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using sustainable materials in their products, such as organic cotton and recycled polyester, as well as reducing their carbon footprint through energy-efficient practices in their stores and offices.

ACCESSORIZE offers a wide range of products, including women's fashion accessories such as bags, jewellery, and scarves, as well as children's accessories and home decor items. They also have a dedicated bridal collection, making them a one-stop-shop for all things fashion and lifestyle.

The key people of ACCESSORIZE BRANDS LTD include CEO, Paul Allen, and Managing Director, Peter Simon. They work closely with a team of designers and buyers to curate trendy and unique collections for their customers.

For more information and to shop their latest collections, customers can visit their website at www.accessorize.com. The registered office address is Monsoon Building, 1 Nicholas Road, London, W11 4AN, United Kingdom.

In summary, ACCESSORIZE BRANDS LTD is a sustainable fashion and lifestyle brand offering a wide range of products, led by a team of experienced professionals, and can be accessed through their website or physical stores worldwide.

Financial Metrics

Cash
£4,785,000
Net Worth
£4,145,000
Total Current Assets
£24,109,000
Total Current Liabilities
£19,964,000

Company Location