VF NORTHERN EUROPE SERVICES LIMITED
Company Information
- Company Number
- SC081872
- Registered Address
- C/O Brodies Llp Capital Square, 58 Morrison Street, Edinburgh, EH3 8BP
- Status
- Active
- Employee Count
- 1,195
- Turnover
- £285,542,000
- EBITDA
- £8,347,000
Additional Details
- Website
- https://vfc.com
- Company Type
- Private limited Company
- Incorporated On
- 18 February 1983
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores
- Industries
- Commerce Models, Fashion, Sports
- 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 | 17 Apr 2024 | 92 | 19% | 48% | 34% | 12% |
| 01 Apr 2023 - 30 Sept 2023 | 24 Oct 2023 | 90 | 21% | 53% | 26% | 15% |
| 01 Oct 2021 - 31 Mar 2022 | 10 May 2022 | 82 | 21% | 43% | 36% | 24% |
| 01 Apr 2021 - 30 Sept 2021 | 15 Nov 2021 | 89 | 11% | 49% | 40% | 26% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 43 | 30% | 60% | 10% | 31% |
| 01 Apr 2019 - 30 Sept 2019 | 17 Oct 2019 | 34 | 65% | 29% | 6% | 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 thesituation 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 Services Limited is a leading company in the fashion and apparel industry, with a strong commitment to sustainability. They offer a wide range of products and services, and their key people are dedicated to promoting sustainable practices throughout the company.
The company's sustainability program focuses on reducing their environmental impact and promoting ethical and responsible practices. This includes initiatives such as using sustainable materials, reducing water and energy consumption, and promoting fair labor practices in their supply chain.
VF Northern Europe Services Limited offers a diverse range of products, including clothing, footwear, and accessories, from their well-known brands such as The North Face, Timberland, and Vans. They also provide a range of services, including e-commerce, retail, and wholesale.
The company's key people, including their CEO Martino Scabbia Guerrini and Sustainability Director Anna Maria Rugarli, are actively involved in driving the company's sustainability efforts and promoting a culture of responsible business practices.
For more information on VF Northern Europe Services Limited and their sustainability program, products, and services, you can visit their website at www.vfcorp.com. Their registered office address is 1 St. George’s Lane, London, EC3R 8AD, United Kingdom.
