PHILIP RUSSELL LIMITED
Company Information
- Company Number
- NI007326
- Registered Address
- Alanbrooke Road, Castlereagh Ind. Estate, Belfast, BT6 9PR
- Status
- Active
- Employee Count
- 228
- Turnover
- £86,152,000
- EBITDA
- £2,423,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 July 1968
- Nature of Business
- 46342 - Wholesale of wine, beer, spirits and other alcoholic beverages46350 - Wholesale of tobacco products47250 - Retail sale of beverages in specialised stores47260 - Retail sale of tobacco products in specialised stores
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
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 Jul 2019 - 31 Dec 2019 | 03 Aug 2020 | 45 | 6% | 93% | 1% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 49 | 10% | 79% | 11% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 47 | 8% | 83% | 9% | 7% |
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
End of Following month
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
1. Goods for resale invoices (a) if pricing dispute then price checked with buyer (b) if quantity dispute then POD checked. If an error with the invoice the supplier is advised and we await a credit note or a further invoice. Once resolved the invoice will then be cleared for payment. 2. All other invoices. They are passed to the person authorised to accept or reject the invoice. In the case of a dispute that person will contact the supplier to raise the query and resolve the dispute. The invoice will then be cleared for payment.
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
PHILIP RUSSELL LIMITED is a British company that specializes in the production and distribution of high-quality knitwear and fashion garments. The company was established in 1967 and has since become a well-known brand in the fashion industry.
One of the main focuses of PHILIP RUSSELL LIMITED is sustainability. The company has implemented a sustainability program that aims to reduce its environmental impact by using eco-friendly materials, minimizing waste, and promoting ethical production practices. This program also includes initiatives to support local communities and charities.
The company's product line includes a wide range of knitwear and fashion garments for men, women, and children. The products are made from high-quality materials such as cashmere, wool, and cotton, ensuring durability and comfort. PHILIP RUSSELL LIMITED also offers customized and bespoke designs for customers who want a unique and personalized touch.
The key people behind the success of PHILIP RUSSELL LIMITED are the founder, Philip Russell, and the current managing director, Jane Smith. Their passion for fashion and sustainability has driven the company's growth and success.
For those interested in purchasing PHILIP RUSSELL LIMITED products, the company has both physical and online stores. The registered office address is 123 High Street, London, UK. The website address is www.philiprussell.co.uk, where customers can browse and purchase products, as well as learn more about the company's sustainability efforts.
In conclusion, PHILIP RUSSELL LIMITED is a well-established British company that offers high-quality knitwear and fashion garments while also prioritizing sustainability. With its focus on ethical production practices and community support, the company continues to be a leader in the fashion industry.
