NOTCUTTS LIMITED
Company Information
- Company Number
- 00393104
- Registered Address
- The Nursery, Cumberland Street, Woodbridge, Suffolk, IP12 4AF
- Status
- Active
- Employee Count
- 1,043
- Turnover
- £73,697,000
- EBITDA
- £5,166,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 February 1945
- Nature of Business
- 47190 - Other retail sale in non-specialised stores
- Industries
- Creative,Media And Publishing,Lifestyle And Entertainment,Property,Infrastructure And Construction
- Region
- East of England
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 Sept 2024 - 28 Feb 2025 | 24 Mar 2025 | 55 | 28% | 37% | 35% | 11% |
| 01 Mar 2023 - 31 Aug 2023 | 02 Nov 2023 | 50 | 30% | 40% | 30% | 13% |
| 01 Sept 2022 - 28 Feb 2023 | 31 May 2023 | 49 | 33% | 40% | 27% | 11% |
| 01 Mar 2022 - 31 Aug 2022 | 06 Sept 2022 | 49 | 30% | 40% | 30% | 13% |
| 01 Sept 2021 - 28 Feb 2022 | 27 May 2022 | 53 | 26% | 41% | 32% | 11% |
| 01 Sept 2019 - 29 Feb 2020 | 09 Mar 2020 | 57 | 24% | 37% | 39% | 22% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 49 | 27% | 43% | 30% | 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
I30 - 30 days from the invoice date. E55 - Standard payment terms are 55 days following the end of the month of the invoice date.
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
55
Dispute Resolution Process
Notcutts Ltd endeavours to pay its suppliers on time in line with agreed terms. Late payments are generally related to discrepancies between the invoice and associated purchase order. We strive to resolve invoice queries and disputes within the Standard Payment Period but where this is not possible we seek to resolve the issue and make the payment as soon as a resolution has been achieved. Supplier enquiries regarding payments can be directed to a dedicated purchase ledger team, contactable by phone or email Monday to Friday. Any disputes are initially handled by the relevant employee responsible for the purchase order with escalation to a director if required for resolution.
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
NOTCUTTS LIMITED is a family-owned horticultural business founded in 1897 and headquartered in Woodbridge, Suffolk. The company operates a chain of 18 garden centers across the UK, offering a wide range of plants, gardening products, and accessories.
As a part of their commitment to sustainability, NOTCUTTS LIMITED has implemented various initiatives to reduce their environmental impact. These include using peat-free compost, promoting organic gardening, and providing recycling services for plastic pots and packaging. The company also supports local growers and suppliers to reduce their carbon footprint.
NOTCUTTS LIMITED offers a variety of products and services to cater to the needs of both amateur and experienced gardeners. They have a wide selection of plants, from seasonal bedding plants to perennials and shrubs. The company also offers a range of gardening tools, furniture, and accessories, as well as a selection of gift items and home decor.
The key people at NOTCUTTS LIMITED include Nick Burrows, the Chairman, and Andy King, the Managing Director. Both have extensive experience in the horticultural industry and are committed to driving the company's growth and sustainability efforts.
To stay connected with their customers, NOTCUTTS LIMITED has an active online presence through their website, where customers can browse and purchase products, as well as access gardening advice and inspiration. The company also has a customer service team available via phone and email for any inquiries or concerns.
The registered office address for NOTCUTTS LIMITED is The Nurseries, Woodbridge, Suffolk, IP12 4AF. Their website address is www.notcutts.co.uk. Overall, NOTCUTTS LIMITED is a well-established and sustainable company that offers a wide range of quality products and services for all gardening needs.
