HHGL LIMITED
Company Information
- Company Number
- 00533033
- Registered Address
- Witan Gate House, 500-600 Witan Gate, Milton Keynes, United Kingdom, MK9 1BA
- Status
- Active
- Employee Count
- 4,791
- Turnover
- £701,179,000
- EBITDA
- -£44,758,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 May 1954
- Nature of Business
- 47190 - Other retail sale in non-specialised stores47520 - Retail sale of hardware, paints and glass in specialised stores47540 - Retail sale of electrical household appliances in specialised stores47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Industries
- Property-related Goods And Services
- Region
- South East
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 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 58 | 20% | 26% | 54% | 54% |
| 01 Jul 2023 - 31 Dec 2023 | 02 Apr 2024 | 63 | 14% | 34% | 52% | 68% |
| 01 Jan 2023 - 30 Jun 2023 | 30 Jul 2024 | 59 | 20% | 33% | 47% | 52% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Mar 2023 | 64 | 15% | 33% | 52% | 68% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 55 | 25% | 34% | 41% | 50% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 52 | 24% | 44% | 32% | 44% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 45 | 35% | 35% | 30% | 45% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 41 | 45% | 33% | 22% | 31% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 45 | 28% | 53% | 19% | 75% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 51 | 29% | 35% | 36% | 56% |
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 end of second month following (75 day average), from the date of receiving an invoice for 'goods for resale', and 60 days from date of receiving an invoice for 'goods not for resale'.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The company raises payment instructions in line with the agreed payment terms, which make no allowance for fund transmission times. The funds are available to suppliers between 1 and 3 days after the payment terms date depending upon the method of transmission. Supplier would be notified through contract negotiations, should there be any changes to their payment terms.
Maximum contractual payment period agreed
105
Dispute Resolution Process
Where non-payment is caused by invoicing inaccuracy suppliers are immediately informed of held items through the EDI (Electronic Data Interchange) system. Once resolved, payment will be made in accordance with the terms of the contract, unless the invoice is overdue where it will be paid in the next available payment run.
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
HHGL Limited is a UK-based company that specializes in home improvement products and services. The company was founded in 1979 and has since expanded to over 350 stores across the country, making it one of the largest home improvement retailers in the UK.
The company's sustainability program is a key aspect of their operations, with a focus on reducing their environmental impact and promoting responsible business practices. This includes efforts to reduce energy consumption, increase recycling, and source sustainable materials for their products.
HHGL Limited offers a wide range of products and services, including home improvement and DIY supplies, garden and outdoor equipment, and kitchen and bathroom fittings. They also provide installation services for various home improvement projects.
The company's leadership team includes CEO Damian McGloughlin and Chairman Jonathan Fitzgerald. Their registered office address is at Unit 1, St. John's Road, Meadowfield Industrial Estate, Durham, DH7 8TZ. Interested customers can find more information on their website, www.homebase.co.uk, or by contacting their customer service team at 0345 077 8888.
