H.I.WELDRICK LIMITED
Company Information
- Company Number
- 00623420
- Registered Address
- Mallard House, Heavens Walk, Doncaster, England, DN4 5HZ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 18 March 1959
- Nature of Business
- 47730 - Dispensing chemist in specialised stores
- Industries
- Coming Soon
- Region
- Yorkshire
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
H.I.WELDRICK LIMITED maintains an average payment time of 30 days, with a strong trend of 72% of invoices paid within this period. However, a consistent 28% of payments extend beyond the initial 30 days, indicating a predictable trajectory of delayed payments for a portion of transactions.
Volatility Analysis
While 72% of payments are highly predictable within 30 days, the remaining 28% introduce some volatility for cash flow planning. Specifically, the 5% of invoices exceeding 60 days poses a notable reliability risk for suppliers managing their working capital.
Summary Analysis
H.I.WELDRICK LIMITED presents an acceptable payment profile for the majority of invoices, averaging 30 days. Suppliers should consider the 28% of invoices that consistently pay late (23% between 31-60 days, 5% over 60 days) when setting payment expectations and managing cash flow. To mitigate this, consider offering early payment discounts or adjusting payment terms for transactions with higher exposure.
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 May 2025 - 31 Oct 2025 | 21 Nov 2025 | 30 | 72% | 23% | 5% | 10% |
| 01 Nov 2024 - 30 Apr 2025 | 23 May 2025 | 32 | 72% | 23% | 5% | 12% |
| 01 May 2024 - 31 Oct 2024 | 26 Nov 2024 | 21 | 71% | 23% | 5% | 13% |
| 01 Nov 2023 - 30 Apr 2024 | 23 May 2024 | 25 | 86% | 0% | 13% | 12% |
| 01 May 2023 - 31 Oct 2023 | 04 Dec 2023 | 31 | 73% | 20% | 7% | 13% |
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 24 | 80% | 17% | 3% | 10% |
| 01 May 2022 - 31 Oct 2022 | 29 Nov 2022 | 24 | 85% | 11% | 4% | 6% |
| 01 Nov 2021 - 30 Apr 2022 | 27 May 2022 | 36 | 62% | 24% | 14% | 18% |
| 01 May 2021 - 31 Oct 2021 | 19 Nov 2021 | 33 | 55% | 33% | 12% | 16% |
| 01 Nov 2020 - 30 Apr 2021 | 25 May 2021 | 37 | 52% | 36% | 12% | 13% |
| 01 May 2020 - 31 Oct 2020 | 24 Nov 2020 | 33 | 70% | 21% | 9% | 9% |
| 01 Nov 2019 - 30 Apr 2020 | 28 May 2020 | 33 | 54% | 39% | 7% | 11% |
| 01 May 2019 - 31 Oct 2019 | 25 Nov 2019 | 33 | 49% | 44% | 7% | 6% |
| 01 Nov 2018 - 30 Apr 2019 | 29 May 2019 | 36 | 48% | 42% | 10% | 12% |
| 01 May 2018 - 31 Oct 2018 | 28 Nov 2018 | 33 | 51% | 43% | 6% | 9% |
| 01 Nov 2017 - 30 Apr 2018 | 22 Jun 2018 | 37 | 38% | 56% | 5% | 6% |
| 01 May 2017 - 31 Oct 2017 | 07 Dec 2017 | 34 | 45% | 50% | 5% | 7% |
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
Our standard term is to comply with those of our suppliers, the majority of our suppliers are; 30 days from invoice 30 days from the end of the month following 60 days from the end of the month
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
Invoices which are outstanding from supplier statements - copies are requested from the supplier and passed to the appropriate person/department If these are in dispute rather than omitted, it is the responsibility of that person/department to contact the supplier or their contact to resolve the issues
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
H.I.WELDRICK LIMITED operates as an active private limited company, a legal entity distinct from its owners
This structure is commonly adopted by businesses for a wide range of commercial activities across various sectors in the UK
H.I.WELDRICK LIMITED, company number 00623420, was incorporated on 18 March 1959
Its registered office is Mallard House, Heavens Walk, Doncaster, England, DN4 5HZ, situating the company within the Yorkshire region
As a private limited company, H.I.WELDRICK LIMITED possesses the legal framework to conduct a broad spectrum of business activities within the UK market
This can encompass the provision of goods, services, or both, tailored to specific industry sectors
