Company number: 07063562
and approved by Shaun Wills
Average time taken to pay invoices: 53 days
Invoices paid:
Invoices due but not paid within agreed terms: 90%
14 days
60 days
The Superdry group of companies operate to a set of standard payment terms, which are 60 days for goods for re-sale, 30 days for non-goods for re-sale and 14 days for store rents and utilities. Variations to these terms do exist based on agreements with certain suppliers.
Answer not provided
N/A
60 days
N/A
N/A
Payment disputes are settled by reference to the companies 'Condition of Purchase' in the first instance. Where disputes cannot be settled through this process, suppliers are asked to contact the Superdry Accounts Payable email and the appropriate accounts payable assistant will respond to the query. Superdry operates an escalation process which sees items not satisfactorily resolved in the first instance elevated to the Head of Department, Finance Operations Manager and CFO.
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
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.
No
Yes
Yes