GLASSWELLS LIMITED
Company Information
- Company Number
- 00602166
- Registered Address
- Glasswells, Newmarket Road, Bury St Edmunds, Suffolk, Ip33 3tu, United Kingdom, IP33 3TU
- Status
- Active
- Employee Count
- 270
- Turnover
- £28,595,000
- EBITDA
- £4,352,000
Additional Details
- Website
- https://glasswells.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 3 April 1958
- Nature of Business
- 47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store52103 - Operation of warehousing and storage facilities for land transport activities
- Industries
- Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
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.
Volatility Analysis
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.
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 |
|---|---|---|---|---|---|---|
| 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% |
| 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% |
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 Contractual Terms ise 30 Days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
50
Dispute Resolution Process
The main point of contact for disputes is the Glasswells Accounts Payable Team based at the head office in Bury St Edmunds Suffolk
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
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.
