Score of 97.6/100 qualifies for PaymentCheck Certification
GOBRANDS UK HOLDINGS LTD demonstrates a strong and consistent payment pattern, with an average settlement time of just 18 days — well ahead of the standard 30-day benchmark. An overwhelming 97% of invoices are paid within 30 days, with the remaining 3% falling in the 31–60 day range, indicating only minor and infrequent delays. There are no recorded late payments or invoices exceeding 60 days, reflecting a stable and reliable payment trajectory.
The payment behaviour is highly predictable, with near-zero volatility across all aging brackets and a complete absence of late or overdue payments. The small 3% share in the 31–60 day band represents a negligible risk factor and is unlikely to indicate systemic issues, more likely reflecting isolated administrative variances. Overall, the data points to a low-risk, dependable payment profile with minimal exposure for suppliers.
GOBRANDS UK HOLDINGS LTD represents a low-risk customer and can be confidently extended standard or favourable payment terms without the need for additional credit controls. The 18-day average settlement time suggests proactive payment practices that reduce cash flow pressure on suppliers. Risk mitigation measures such as prepayment requirements or shortened credit terms are unnecessary given this performance; standard invoice monitoring is sufficient.
| 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 Jan 2024 - 30 Jun 2024 | 09 Aug 2024 | 18 | 97% | 3% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
At current stage, we don't have a standaard payment terms but from based on what vendors offer so sometimes it's prepayment, it's 7-day, 30-day, or 60 day. We push for 60-day as we improve our credit rating
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
60
For general AP inquries, AP Analyst check AP inbox on a daily basis and reply to vendors to understand issues, find root cause, and find resolutions, and resolve diagreements with vendors. If we missed payments, we will make payments immediately If it is something AP or Accounting can't confirm, we will defer to Legal for next steps
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
GOBRANDS UK HOLDINGS LTD is a private limited company operating within the brand management and holdings sector. The company functions as a UK holding entity, a structure commonly used by organisations to manage subsidiaries, investments, and brand assets under a consolidated corporate umbrella.
The company was incorporated on 5 August 2020 and is registered in England with company number 12793914. Its registered office is located at 48 Hoxton Square, London, N1 6PB, placing it in the well-established commercial district of Hoxton in the London Borough of Hackney.
As a holdings company operating in the UK market, GOBRANDS UK HOLDINGS LTD represents a corporate structure designed to oversee and manage the interests of associated brand-focused businesses. Such entities typically provide governance, strategic direction, and administrative oversight across their portfolio of trading companies or brand operations.
The company maintains an active status with Companies House, confirming that it remains in good standing and continues to operate as a registered legal entity within the United Kingdom.