VF NORTHERN EUROPE LIMITED
Company Information
- Company Number
- SC047368
- Registered Address
- C/O Brodies Llp Capital Square, 58 Morrison Street, Edinburgh, EH3 8BP
- Status
- Active
- Employee Count
- 709
- Turnover
- £359,119,000
- EBITDA
- £23,301,000
Additional Details
- Website
- https://thenorthface.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 30 March 1970
- Nature of Business
- 46420 - Wholesale of clothing and footwear
- Industries
- Fashion
- Region
- Scotland
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 Oct 2023 - 31 Mar 2024 | 16 Apr 2024 | 65 | 38% | 36% | 26% | 18% |
| 01 Apr 2023 - 30 Jun 2023 | 23 Oct 2023 | 60 | 28% | 51% | 20% | 10% |
| 01 Apr 2022 - 31 Mar 2023 | 07 May 2023 | 68 | 31% | 45% | 24% | 7% |
| 01 Oct 2021 - 31 Mar 2022 | 10 May 2022 | 37 | 65% | 22% | 13% | 4% |
| 01 Apr 2021 - 30 Sept 2021 | 15 Nov 2021 | 37 | 61% | 25% | 14% | 4% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 34 | 47% | 48% | 5% | 14% |
| 01 Apr 2019 - 30 Sept 2019 | 17 Oct 2019 | 33 | 84% | 13% | 3% | 16% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 30 | 65% | 31% | 3% | 34% |
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
60 days
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
Dispute Resolution Process
Suppliers can send their complaints or concerns to the A/P department. This department will contact the supplier to resolve the situation as soon as possible.
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
VF Northern Europe Limited is a multinational company operating in the fashion industry, with a strong focus on sustainability. The company is a subsidiary of VF Corporation, a global leader in branded lifestyle apparel, footwear, and accessories.
The company's sustainability program is integrated into all aspects of their business operations, including product design, sourcing, and manufacturing. They strive to reduce their environmental impact by using sustainable materials, implementing energy-efficient practices, and reducing waste. VF Northern Europe Limited is also committed to ethical and responsible sourcing, ensuring that their products are made in safe and humane working conditions.
The company offers a wide range of popular and well-known brands, such as The North Face, Vans, Timberland, and Dickies. Their products include clothing, footwear, and accessories for men, women, and children, catering to various styles and preferences.
The key people at VF Northern Europe Limited include Managing Director, Martino Scabbia Guerrini, and Senior Director of Sustainability, Anna Maria Rugarli. They lead a team of passionate and dedicated individuals who work towards the company's sustainability goals.
For more information on VF Northern Europe Limited, their products, and sustainability efforts, you can visit their website at www.vfc.com. Their registered office address is 1 Grand Canal Square, Grand Canal Harbour, Dublin 2, Ireland.
