WILKO LIMITED

PaymentCheck Score 2023
53Fair
6.3vs last year
#3973 in UK
#193 in Yorkshire and The Humber

Company Information

Company Number
00365335
Registered Address
8th Floor, Central Square, 29 Wellington Street, Leeds, West Yorkshire, LS1 4DL
Status
In Administration
Employee Count
14,273
Turnover
£1,241,242,000
EBITDA
-£4,547,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 February 1941
Nature of Business
47190 - Other retail sale in non-specialised stores
Industries
Supply Chain
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
53 days
Shortest Period:45 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
34%
31-60 Days
51%
After 60 Days
15%
Not Paid Within Terms18%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-02-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Jul 2022 - 29 Jan 202327 Feb 20235334%51%15%18%
30 Jan 2022 - 29 Jul 202226 Aug 20223741%46%13%15%
31 Jul 2021 - 29 Jan 202228 Feb 20223738%51%11%7%
31 Jan 2021 - 30 Jul 202127 Aug 20213638%57%5%6%
02 Aug 2020 - 30 Jan 202125 Feb 20213933%59%8%13%
02 Feb 2020 - 01 Aug 202013 Aug 20203737%52%11%25%
03 Aug 2019 - 01 Feb 202024 Feb 20203546%48%6%18%

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 terms are 45, 60 and 90 days but payment varies from immediate payment through to 90 days

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

90

Dispute Resolution Process

Wilko finance team review supplier statement reconciliations to work through any disputes. These are reported to our buying and finance management teams with the aim of resolving payment queries as quickly as possible. Suppliers with disputes should contact the finance department by telephone on 01909 505505 or by post at: Finance Department, J K House, Roebuck Way, Manton Wood, Worksop, Notts, S80 3EG. Wilko precedent contracts for goods and services contain dispute resolution clauses. Where wilko contracts on supplier terms, wilko seeks to include dispute resolution clauses - and these are generally accepted as they are beneficial to both parties.

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

WILKO LIMITED is a British retail company that offers a wide range of household and gardening products, as well as health and beauty items. The company was founded in 1930 and is headquartered in Worksop, Nottinghamshire, United Kingdom.

The company's sustainability program focuses on reducing their environmental impact through various initiatives, such as using sustainable materials in their products and reducing their carbon footprint. They also have a goal to become a zero-waste business by 2025.

WILKO LIMITED's products include home essentials, such as cleaning supplies, kitchenware, and homeware. They also offer a variety of gardening equipment, outdoor furniture, and plants. In addition, the company has a range of health and beauty products, including skincare, makeup, and personal care items.

The key people at WILKO LIMITED include Chairman, Lisa Wilkinson, and CEO, Jerome Saint-Marc. The company has over 400 stores across the UK, employing over 20,000 people.

For more information on their products and services, customers can visit their website at www.wilko.com. The registered office address for WILKO LIMITED is: JK House, Roebuck Way, Manton Wood, Worksop, Nottinghamshire, S80 3EG. Customers can also contact the company through their customer service hotline at 08000 329 329. Overall, WILKO LIMITED is committed to providing quality products while also prioritizing sustainability and reducing their environmental impact.

Financial Metrics

Cash
£57,798,000
Net Worth
£85,578,000
Total Current Assets
£277,632,000
Total Current Liabilities
£221,920,000

Company Location