INTERFLOOR LIMITED
Company Information
- Company Number
- 00162988
- Registered Address
- Broadway, Haslingden, Rossendale, Lancashire, BB4 4LS
- Status
- Active
- Employee Count
- 326
- Turnover
- £74,864,000
- EBITDA
- £8,973,000
Additional Details
- Website
- https://interfloor.com/
- Company Type
- Private limited Company
- Incorporated On
- 19 January 1920
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- Property-related Goods And Services
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time to pay for INTERFLOOR LIMITED has decreased by 3% between the period of Apr 2018 and Sep 2019. However, there has been a fluctuation in the percentage of invoices paid within 30 days, with a decrease of 4% in Mar 2019 but an increase of 1% in Sep 2019. The percentage of invoices paid between 31 and 60 days has also fluctuated, with a decrease of 3% in Mar 2019 but an increase of 3% in Sep 2019. The highest percentage of invoices paid later than 60 days was in Sep 2018, with a decrease of 7% by Mar 2019 and a further decrease of 1% by Sep 2019. There has been a steady decrease in the percentage of invoices not paid within agreed terms, with a decrease of 16% between Apr 2018 and Sep 2019.
Volatility Analysis
The volatility in the average time to pay for INTERFLOOR LIMITED has been relatively stable, with a decrease of 5% in Mar 2019 followed by an increase of 3% in Sep 2019. The percentage of invoices paid within 30 days has also been stable, with a decrease of 2% in Mar 2019 followed by an increase of 1% in Sep 2019. The volatility in the percentage of invoices paid between 31 and 60 days has been minimal, with a decrease of 1% in Mar 2019 followed by an increase of 3% in Sep 2019. The volatility in the percentage of invoices paid later than 60 days has been significant, with a decrease of 7% in Sep 2018 followed by a decrease of 6% in Mar 2019 and a further decrease of 1% in Sep 2019. The volatility in the percentage of invoices not paid within agreed terms has also been significant, with a decrease of 15% in Sep 2018 followed by a further decrease of 1% in Mar 2019 and a final decrease of 10% in Sep 2019.
Summary Analysis
Between Apr 2018 and Sep 2019, the average time to pay for INTERFLOOR LIMITED has decreased by 3%. The highest percentage of invoices paid within 30 days was in Oct 2018 at 21%, with a decrease of 4% by Mar 2019 but an increase of 1% by Sep 2019. The highest percentage of invoices paid between 31 and 60 days was in Oct 2018 at 32%, with a decrease of 3% by Mar 2019 but an increase of 3% by Sep 2019. The highest percentage of invoices paid later than 60 days was in Sep 2018 at 46%, with a decrease of 7% by Sep 2019. The lowest percentage of invoices not paid within agreed terms was in Sep 2019 at 7%, with a decrease of 16% between Apr 2018 and Sep 2019.
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 Apr 2024 - 30 Sept 2024 | 14 Feb 2025 | 56 | 19% | 33% | 48% | 3% |
| 01 Oct 2023 - 31 Mar 2024 | 14 Feb 2025 | 58 | 19% | 30% | 51% | 3% |
| 01 Apr 2023 - 30 Sept 2023 | 14 Feb 2025 | 57 | 20% | 31% | 49% | 3% |
| 01 Oct 2022 - 31 Mar 2023 | 14 Feb 2025 | 60 | 21% | 30% | 49% | 4% |
| 01 Apr 2022 - 30 Sept 2022 | 14 Feb 2025 | 58 | 18% | 31% | 51% | 4% |
| 01 Oct 2021 - 31 Mar 2022 | 14 Feb 2025 | 57 | 19% | 31% | 50% | 6% |
| 01 Apr 2021 - 30 Sept 2021 | 14 Feb 2025 | 59 | 17% | 30% | 53% | 6% |
| 01 Oct 2020 - 31 Mar 2021 | 14 Feb 2025 | 59 | 17% | 33% | 50% | 8% |
| 01 Apr 2020 - 30 Sept 2020 | 14 Feb 2025 | 63 | 13% | 33% | 54% | 7% |
| 01 Oct 2019 - 31 Mar 2020 | 14 Feb 2025 | 67 | 13% | 28% | 59% | 8% |
| 31 Mar 2019 - 28 Sept 2019 | 04 Nov 2019 | 58 | 17% | 32% | 52% | 7% |
| 01 Oct 2018 - 30 Mar 2019 | 05 Sept 2019 | 61 | 18% | 29% | 53% | 12% |
| 01 Apr 2018 - 30 Sept 2018 | 07 Feb 2019 | 56 | 21% | 32% | 46% | 28% |
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 60 days end of month
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
Purchase Ledger clerk raises query with individual suppliers and chases resolution. Any further dispute is then escalated to the Purchasing Director to resolve
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
Interfloor Limited is a UK-based company that specializes in the manufacture and distribution of high-quality flooring products. With over 70 years of experience in the industry, Interfloor has established itself as a leading supplier in the UK and international markets.
The company's sustainability program is a key focus, with a commitment to reducing their environmental impact and promoting sustainable practices throughout their supply chain. They have implemented measures such as using recycled materials, reducing waste, and investing in energy-efficient technology.
Interfloor offers a wide range of flooring products, including underlays, carpet grippers, and adhesives, catering to both residential and commercial markets. Their products are known for their durability, quality, and environmentally friendly materials.
The key people at Interfloor include the Managing Director, John Cooper, and the Commercial Director, Keith McAlpine. Together, they bring a wealth of knowledge and experience to the company, ensuring its continued success.
For more information on Interfloor's products and services, customers can visit their website at www.interfloor.com. The company's registered office address is located at Dalton Airfield Industrial Estate, Dalton, Thirsk, North Yorkshire, YO7 3JN, United Kingdom.
