HUGHES ELECTRICAL LIMITED
Company Information
- Company Number
- 00406069
- Registered Address
- Hughes Electrical, Mobbs Way, Gorleston Road Industrial Estate, Gorleston Road, Lowestoft Suffolk, NR32 3AL
- Status
- Active
- Employee Count
- 799
- Turnover
- £144,108,000
- EBITDA
- £14,668,000
Additional Details
- Website
- https://www.hughes.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 13 March 1946
- Nature of Business
- 47540 - Retail sale of electrical household appliances in specialised stores70100 - Activities of head offices77299 - Renting and leasing of other personal and household goods
- Industries
- Information Technology,Telecommunications And Data,Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- 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 Apr 2024 - 30 Sept 2024 | 13 Dec 2024 | 18 | 88% | 10% | 2% | 0% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 14 | 95% | 4% | 1% | 0% |
| 01 Apr 2022 - 30 Sept 2022 | 20 Oct 2022 | 20 | 91% | 8% | 0% | 0% |
| 01 Sept 2021 - 31 Mar 2022 | 23 May 2022 | 22 | 81% | 16% | 3% | 0% |
| 01 Apr 2021 - 30 Sept 2021 | 18 Oct 2021 | 18 | 87% | 13% | 0% | 4% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Jun 2021 | 22 | 81% | 19% | 0% | 0% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Jun 2021 | 19 | 88% | 12% | 0% | 0% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Jun 2021 | 14 | 96% | 3% | 1% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 07 Oct 2019 | 16 | 91% | 9% | 0% | 1% |
| 01 Oct 2018 - 31 Mar 2019 | 07 Oct 2019 | 14 | 94% | 6% | 0% | 1% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 13 | 95% | 5% | 0% | 4% |
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
The Company follow the standard payment terms of each supplier. They range from 7 to 60 days, with the majority being 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
We take our relationship with suppliers seriously work to build honest, sustainable relationships. We support our suppliers by having a dedicated account contact this includes a phone number so they can talk directly. Normally disputes are resolved very quickly between the account contact and the supplier. Any escalations are raised to the Finance Director to investigate and 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
Hughes Electrical Limited is a British company that was founded in 1921 and specializes in the retail of electrical and electronic products. The company operates over 50 stores across the UK and also has an online presence.
The company is committed to sustainability and has implemented various environmental initiatives such as reducing energy consumption, promoting recycling, and using eco-friendly packaging. They also offer a range of energy-efficient products to their customers.
Hughes Electrical Limited offers a wide range of products including televisions, audio equipment, kitchen appliances, and home entertainment systems. They also provide installation services and extended warranties for their products.
The key people in the company include Robert Hughes, the Managing Director, and David Young, the Chairman. The company has a team of experienced and knowledgeable staff who are dedicated to providing excellent customer service.
Contact information for Hughes Electrical Limited can be found on their website, which also showcases their latest products and promotions. The registered office address is in Lowestoft, Suffolk, UK.
In summary, Hughes Electrical Limited is a reputable company in the UK that offers a variety of quality electrical and electronic products, with a strong focus on sustainability. With a dedicated team and a commitment to customer satisfaction, they continue to be a leading player in the retail industry.
