HAYNES BROTHERS,LIMITED
Company Information
- Company Number
- 00048511
- Registered Address
- 23 Ashford Road, Maidstone, Kent, ME14 5DQ
- Status
- Active
- Employee Count
- 335
- Turnover
- £123,805,000
- EBITDA
- £1,761,000
Additional Details
- Website
- https://haynesfiat.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 26 June 1896
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles
- Industries
- Lifestyle And Entertainment, Manufacturing, Road Travel
- Region
- South East
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 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 30 | 58% | 35% | 7% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 34 | 47% | 42% | 11% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 31 | 62% | 26% | 12% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 29 | 64% | 25% | 11% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 29 | 64% | 28% | 8% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 37 | 46% | 36% | 18% | 2% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 35 | 50% | 35% | 15% | 2% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 33 | 53% | 34% | 13% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 33 | 52% | 34% | 14% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 32 | 58% | 36% | 6% | 2% |
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
Standard payment terms are 30 days from the end of the following month, from the date of the invoice. However, the Company also has a mid-month payment process, and raises daily payments if and when required.
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
30
Dispute Resolution Process
All disputes would initially be raised with the Departmental Manager to whom the original invoice was supplied. If unresolved, the dispute would be directed to the Accounts Manager, and ultimately to the Company Secretary.
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
Haynes Brothers, Limited is a British company that has been in operation since 1921. The company is known for its commitment to sustainability and providing high-quality home furnishing products and services.
Their sustainability program includes initiatives such as using eco-friendly materials in their products, reducing carbon emissions, and promoting recycling and waste reduction. They also prioritize working with suppliers who share their values and have ethical and sustainable practices.
Haynes Brothers offers a wide range of products, including furniture, mattresses, appliances, and electronics. They also provide interior design services and offer financing options for customers.
The key people at Haynes Brothers include the managing director, Mr. John Haynes, who has been with the company for over 30 years. The company also has a team of experienced designers and sales staff who are dedicated to providing excellent customer service.
Their website address is www.haynesfurniture.com, where customers can browse and purchase products, as well as learn more about the company's sustainability efforts. Haynes Brothers' registered office address is in London, at 22-26 High Street, Harlesden, NW10 4LX.
In summary, Haynes Brothers, Limited is a well-established British company known for its commitment to sustainability and providing high-quality home furnishing products and services. With a strong leadership team and a focus on ethical and sustainable practices, they continue to be a trusted and respected brand in the industry.