HEADLAM GROUP PLC
Company Information
- Company Number
- 00460129
- Registered Address
- Gorsey Lane, Coleshill, Birmingham, United Kingdom, B46 1JU
- Status
- Active
- Employee Count
- 2,179
- Turnover
- £663,600,000
- EBITDA
- £64,100,000
Additional Details
- Website
- https://www.headlam.com/
- Company Type
- Public limited Company
- Incorporated On
- 18 October 1948
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- West Midlands
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 2023 - 31 Dec 2023 | 22 Jan 2024 | 48 | 34% | 34% | 32% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 48 | 36% | 30% | 34% | 17% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 48 | 37% | 30% | 33% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 50 | 33% | 31% | 36% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Mar 2022 | 52 | 31% | 30% | 39% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Aug 2021 | 51 | 33% | 29% | 38% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Feb 2021 | 50 | 34% | 33% | 33% | 20% |
| 01 Jun 2020 - 30 Jun 2020 | 30 Jul 2020 | 58 | 21% | 34% | 45% | 21% |
| 01 Jul 2019 - 31 Dec 2019 | 10 Feb 2020 | 53 | 22% | 39% | 39% | 16% |
| 01 Jan 2019 - 30 Jun 2019 | 11 Jul 2019 | 53 | 24% | 39% | 37% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 11 Jul 2019 | 53 | 23% | 38% | 39% | 14% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 54 | 23% | 38% | 39% | 17% |
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
A singular standard payment term does not exist across our supplier base due to the long-standing relationships that we have with our suppliers. The majority of terms are 10th of second month following date of invoice (being 40 to 70 days) or 10th of third month following date of invoice (being 70 to 100 days). In most cases settlement discount is included within the terms. Any amendments to such terms are negotiated and agreed by both parties. For service provider suppliers (i.e. excluding stock for resale suppliers) standard payment terms are end of month following date of invoice (being 30 to 60 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
130
Dispute Resolution Process
• All invoices are registered onto the system on receipt and subsequently authorised at the earliest possible date. • If for any reason there is a discrepancy between the invoice value and what our internal purchase order system is expecting the invoice is suspended pending confirmation of the query to determine if this is a supplier or internal error. • If it is deemed that the query is due to supplier error, a linked debit note is raised on our system and emailed to the supplier informing them of the query. • Once the credit note is received from the supplier it is authorised onto our system automatically authorising the invoice previously held under query. • The authorised invoice will then be paid in the next payment run to the supplier.
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
Headlam Group PLC is a leading UK-based distributor of floor coverings, operating in both the residential and commercial markets. The company was founded in 1948 and is headquartered in Coleshill, Warwickshire.
The company's main activities include the supply and distribution of various types of flooring, such as carpets, vinyl, wood, and laminate, to retailers, contractors, and other commercial customers. They also provide related services, such as fitting, installation, and maintenance.
Headlam Group is committed to sustainability and has implemented various initiatives to minimize their environmental impact. These include reducing energy consumption, using sustainable materials, and promoting recycling and waste reduction. They also work with suppliers to ensure responsible sourcing of materials.
The company has a wide range of products and brands, catering to different customer needs and preferences. These include well-known names such as Axminster, Brintons, and Quick-Step, as well as their own private label brands.
The key people at Headlam Group include the Chairman, Mr. Philip Lawell, and the CEO, Mr. Steve Wilson. They are supported by a team of experienced executives, who oversee the day-to-day operations of the company.
For any inquiries or further information, Headlam Group can be contacted through their website www.headlam.com. Their registered office address is Headlam Group PLC, Headlam House, Edgbaston Road, Coleshill, Warwickshire B46 1AL, United Kingdom.
In summary, Headlam Group PLC is a well-established company in the flooring industry, with a strong focus on sustainability and a diverse range of products. Their experienced leadership team and commitment to responsible business practices make them a highly reputable and reliable choice for customers.
