Score of 94.6/100 qualifies for PaymentCheck Certification
The average time taken for GLASSWELLS LIMITED to pay invoices to suppliers has decreased from 22 days in 2018 to 20 days in 2023. This indicates that the company has improved their payment efficiency over time.
The volatility of GLASSWELLS LIMITED's payment pattern is relatively low. The company consistently pays the majority of their invoices within 30 days, with only small fluctuations in the percentage of invoices paid between 31-60 days and later than 60 days.
| 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 |
|---|---|---|---|---|---|---|
| 31 Aug 2025 - 28 Feb 2026 | 26 Mar 2026 | 19 | 80% | 20% | 0% | 2% |
| 02 Mar 2025 - 30 Aug 2025 | 08 Oct 2025 | 25 | 85% | 15% | 0% | 1% |
| 25 Aug 2024 - 01 Mar 2025 | 18 Mar 2025 | 20 | 94% | 6% | 0% | 5% |
| 25 Feb 2024 - 24 Aug 2024 | 23 Sept 2024 | 19 | 94% | 6% | 0% | 0% |
| 26 Aug 2023 - 24 Feb 2024 | 18 Mar 2024 | 19 | 94% | 6% | 0% | 1% |
| 26 Feb 2023 - 25 Aug 2023 | 28 Sept 2023 | 20 | 93% | 6% | 1% | 1% |
| 28 Aug 2022 - 28 Feb 2023 | 07 Mar 2023 | 19 | 93% | 7% | 0% | 1% |
| 27 Feb 2022 - 27 Aug 2022 | 12 Sept 2022 | 21 | 92% | 8% | 0% | 1% |
| 29 Aug 2021 - 26 Feb 2022 | 28 Feb 2022 | 20 | 92% | 8% | 0% | 2% |
| 28 Feb 2021 - 28 Aug 2021 | 14 Sept 2021 | 25 | 92% | 8% | 0% | 1% |
| 30 Aug 2020 - 27 Feb 2021 | 03 Mar 2021 | 21 | 91% | 9% | 0% | 1% |
| 23 Feb 2020 - 29 Aug 2020 | 02 Sept 2020 | 21 | 90% | 9% | 1% | 2% |
| 25 Aug 2019 - 22 Feb 2020 | 05 Mar 2020 | 20 | 92% | 8% | 0% | 1% |
| 24 Feb 2019 - 24 Aug 2019 | 23 Sept 2019 | 21 | 91% | 9% | 0% | 1% |
| 26 Aug 2018 - 23 Feb 2019 | 28 Feb 2019 | 22 | 90% | 9% | 1% | 2% |
| 25 Feb 2018 - 25 Aug 2018 | 04 Oct 2018 | 22 | 89% | 10% | 1% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 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
30
Contact Head Office, Bury St Edmunds
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
GLASSWELLS LIMITED is a furniture and home goods retailer based in Suffolk, England. The company was founded in 1946 and has since grown to become one of the leading retailers in the region. The company's main focus is on providing high-quality products and excellent customer service.
GLASSWELLS LIMITED offers a wide range of sustainable products, including furniture made from responsibly sourced materials and energy-efficient home appliances. The company is committed to reducing its carbon footprint and has implemented various sustainability initiatives, such as using renewable energy sources and promoting recycling.
The key people at GLASSWELLS LIMITED include Chairman Paul Glasswell and Managing Director Paul Glasswell Jr. They are dedicated to maintaining the company's reputation for quality and sustainability.
In addition to their physical retail stores, GLASSWELLS LIMITED also offers online shopping through their website. Customers can browse and purchase a variety of furniture, home accessories, and appliances from the comfort of their own homes. The company also provides delivery and installation services for larger items.
GLASSWELLS LIMITED's registered office address is Newmarket Road, Bury St Edmunds, Suffolk, IP33 3TU. Their website, www.glasswells.co.uk, provides information on products, services, and sustainability efforts. Customers can also contact the company by phone or email for any inquiries or assistance.
Proud of your payment record? Show your live score on your own site:
<iframe src="https://paymentcheck.co.uk/badge/00602166" width="240" height="72" style="border:0" title="PaymentCheck Score" loading="lazy"></iframe>