Their own payment-practices filing · gov.uk
How long does Top Shop/top Man Limited take to pay its suppliers?
Self-reported figure from their statutory filing. How this is compiled.
On the public register · Companies House
Company record
- Status
- Liquidation
- Type
- Private Limited Company
- Incorporated
- 15 Nov 1988
- Registered office
- C/O TENEO FINANCIAL ADVISORY LIMTED THE COLMORE BUILDING, BIRMINGHAM, B4 6AT
Terms vs reality
Stated terms: 60–90 days. Reported average: 73.
At a glance
The key figures
Vs peers · latest reported averages
The pattern
Getting slower
Average days to pay across their last 6 statutory reports.
Where their supplier invoices land · latest period
The read · computed from their figures
Top Shop/top Man Limited has filed 6 statutory payment periods (earliest H1 2018). Their latest report puts the average at 73 days against stated terms of 60–90 days.
The direction is slower: from 57 to 73 days over the window — about 16 days slower.
In the latest period 58% of invoices were paid outside their agreed terms, and 54% landed 61+ days out.
In their own words · from the filing
Standard payment terms
Goods not for resale – Invoices are paid weekly, on 60 days payment terms Goods for resale – Invoices are paid twice weekly, on 90 days payment terms Settlement discount applied to all goods for resale invoices as below – Direct Imports suppliers – 4% Landed suppliers – 18.25%
Dispute resolution
Queries from the Company’s suppliers are directed through a central Supplier Liaison team within Accounts Payable. The following service level agreements are in place to ensure we respond to our suppliers within an acceptable time frame: (a) Urgent queries – 24 hours from receipt of query; and (b) Non-urgent queries – 48 hours from receipt of query. The initial contact points for suppliers are as follows: (a) Goods for resale – [email protected] (b) Goods not for resale – [email protected]
Other information
Payment terms were amended, in consultation with our suppliers, in response to the COVID-19 pandemic and its impact on trading. In addition payment processes were amended and payment runs made less frequently as a proportion of staff were furloughed. Adjusting for these two factors the % of payments made while overdue would have been 30%.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2020 | 73 | 58% | 54% | 31 Oct 2020 |
| H1 2020 | 45 | 45% | 22% | 1 Apr 2020 |
| H1 2019 | 53 | 23% | 11% | 4 Oct 2019 |
| H1 2019 | 52 | 33% | 19% | 1 Apr 2019 |
| H2 2018 | 56 | 33% | 19% | 27 Sept 2018 |
| H1 2018 | 57 | 35% | 20% | 22 Mar 2018 |
Working-capital effect
What a 73-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 73-day vs a 60-day payment cycle.
Late Payment Act. The Late Payment of Commercial Debts Act lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.
Quick answers
Are they getting slower or faster?
What's their typical pay point?
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Their next payment report is due ≈ 27 Mar 2021. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.
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How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-02317752 · latest period to 29 Aug 2020
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