MONSOON STORES LTD
Company Information
- Company Number
- 12543463
- Registered Address
- Yellow Building, 1 Nicholas Road, London, England, W11 4AN
- Status
- Active
- Employee Count
- 484
- Turnover
- £20,218,000
- EBITDA
- -£2,185,000
Additional Details
- Website
- https://www.hnlawyers.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 1 April 2020
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores
- Industries
- Fashion, Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Sept 2024 - 01 Mar 2025 | 25 Mar 2025 | 50 | 68% | 17% | 15% | 52% |
| 27 Aug 2023 - 24 Feb 2024 | 22 Mar 2024 | 29 | 74% | 13% | 13% | 62% |
| 28 Aug 2022 - 25 Feb 2023 | 24 Mar 2023 | 38 | 66% | 18% | 16% | 62% |
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.
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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
Company Summary
MONSOON STORES LTD is a British fashion retailer that was founded in 1973. The company offers a wide range of sustainable clothing and accessories for women, men, and children. Their mission is to provide customers with stylish and high-quality products while also promoting sustainability and ethical practices.
As part of their sustainability program, MONSOON STORES LTD has committed to using sustainable materials in their products, such as organic cotton and recycled polyester. They also have a partnership with the Ethical Trading Initiative to ensure fair labor practices in their supply chain. The company also has a recycling program in place for their packaging materials.
The company's key people include CEO Paul Allen and Executive Chairman Paul Jones, who have been instrumental in driving the company's sustainability efforts. MONSOON STORES LTD also has a team of designers and buyers who work closely with suppliers to ensure the sustainable practices are met.
Customers can contact MONSOON STORES LTD through their website, which features an online store, as well as information on their sustainability efforts. The company's registered office address is at 1 Nicholas Road, London, W11 4AN.
In summary, MONSOON STORES LTD is a British fashion retailer that offers sustainable clothing and accessories for women, men, and children. The company is committed to promoting sustainability and ethical practices in their products and supply chain. With a strong team of key people and a focus on customer satisfaction, MONSOON STORES LTD continues to be a leading brand in the fashion industry.
