ACCESSORIZE STORES LTD

PaymentCheck Score 2025
70Fair
6.8vs last year
#2398 in UK
#98 in Creative
#987 in London

Company Information

Company Number
12543527
Registered Address
Yellow Building, 1 Nicholas Road, London, England, W11 4AN
Status
Active
Employee Count
782
Turnover
£79,463,000
EBITDA
£7,419,000

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
Region
London

Time to Pay

Average Time to Pay
36 days
Shortest Period:14 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
75%
31-60 Days
11%
After 60 Days
14%
Not Paid Within Terms49%

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 20253675%11%14%49%
27 Aug 2023 - 24 Feb 202422 Mar 20244871%15%14%51%
28 Aug 2022 - 25 Feb 202324 Mar 20233871%14%15%67%

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 Stores Ltd is a British fashion retailer that offers a wide range of accessories, including bags, jewelry, scarves, and hats. The company was founded in 1984 and is headquartered in London, United Kingdom.

Sustainability is a key focus for Accessorize Stores Ltd, and the company has implemented various initiatives to reduce its environmental impact. This includes using sustainable materials in its products, such as organic cotton and recycled polyester, and working with ethical suppliers to ensure fair labor practices and reduce carbon emissions.

In addition to its sustainability efforts, Accessorize Stores Ltd offers a variety of products that cater to different styles and occasions. These include trendy fashion pieces, as well as timeless classics, to suit the needs of its diverse customer base.

The company is led by Managing Director Paddy Clarke, who has over 20 years of experience in the retail industry. He is supported by a team of talented designers and buyers who are constantly seeking out new trends and designs to keep the brand fresh and relevant.

Customers can shop for Accessorize products at its physical stores across the UK, as well as online through its website. The company also has an international presence, with stores in over 60 countries worldwide.

The registered office address for Accessorize Stores Ltd is 1 Nicholas Road, London, W11 4AN, United Kingdom. For more information about the brand and its products, customers can visit the website at www.accessorize.com.

Financial Metrics

Cash
£1,338,000
Net Worth
£11,224,000
Total Current Assets
£23,682,000
Total Current Liabilities
£13,961,000

Company Location