Company number: 07063562
and approved by Ed Barker
Average time taken to pay invoices: 48 days
Invoices paid:
Invoices due but not paid within agreed terms: 60%
14 days
75 days
The Superdry group of companies operate to a set of standard payment terms, which are the next payment run after a credit period of: 60 days for goods for re-sale, end of month following for non-goods for resale 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
75 days
No further comment provided
N/A
Payment disputes are settled by reference to the company’s ‘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 portal 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, Group Financial Controller 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
No
No