HUGHES TV AND AUDIO LIMITED
Company Information
- Company Number
- 00695682
- Registered Address
- Hughes, Mobbs Way, Gorleston Road Industrial Estate, Lowestoft, Suffolk, NR32 3AL
- Status
- Active
- Employee Count
- 547
- Turnover
- £125,114,000
- EBITDA
- £1,936,000
Additional Details
- Website
- https://hughes.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 15 June 1961
- Nature of Business
- 47540 - Retail sale of electrical household appliances in specialised stores77299 - Renting and leasing of other personal and household goods
- Industries
- Digital Entertainment, Media And Publishing, Supply Chain, Manufacturing And Commerce Models
- Region
- East of England
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 Apr 2024 - 30 Sept 2024 | 13 Dec 2024 | 34 | 43% | 54% | 3% | 1% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 7 | 42% | 54% | 4% | 2% |
| 01 Apr 2022 - 30 Sept 2022 | 20 Oct 2022 | 34 | 41% | 57% | 2% | 1% |
| 01 Sept 2021 - 31 Mar 2022 | 23 May 2022 | 35 | 37% | 60% | 3% | 0% |
| 01 Apr 2021 - 30 Sept 2021 | 18 Oct 2021 | 29 | 40% | 57% | 4% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Jun 2021 | 34 | 41% | 54% | 5% | 1% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Jun 2021 | 35 | 36% | 60% | 4% | 0% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Jun 2021 | 34 | 42% | 55% | 3% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 07 Oct 2019 | 29 | 40% | 55% | 5% | 13% |
| 01 Sept 2018 - 31 Mar 2019 | 07 Oct 2019 | 34 | 38% | 58% | 4% | 11% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 28 | 44% | 52% | 3% | 12% |
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
The Company follows the standard payment terms of each supplier. They range from 7 to 90 days
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
90
Dispute Resolution Process
We take our relationship with suppliers seriously work to build honest, sustainable relationships. We support our suppliers by having a dedicated account contact this includes a phone number so they can talk directly. Normally disputes are resolved very quickly between the account contact and the supplier. Any escalations are raised to the Finance Director to investigate and resolve.
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
Hughes TV and Audio Limited is a UK-based company that specializes in the sale and installation of TVs, audio systems, and home entertainment products. The company was founded in 1921 and has since become one of the leading retailers in the industry.
As part of their commitment to sustainability, Hughes TV and Audio Limited has implemented a number of initiatives to reduce their environmental impact. These include using eco-friendly packaging materials, recycling old products, and promoting energy-efficient products to their customers.
Their product range includes a variety of TVs, soundbars, speakers, and home audio systems from top brands such as Samsung, LG, and Sony. They also offer installation services and extended warranties for their products.
The company is led by Managing Director Robert Hughes, who has over 30 years of experience in the industry. They have a team of knowledgeable and trained staff who provide excellent customer service and technical support.
Customers can visit their website to browse their products, book installation services, and access their online support center. The company's registered office address is located in Lowestoft, Suffolk.
In summary, Hughes TV and Audio Limited is a reputable company that offers high-quality products, sustainable practices, and excellent customer service. Their commitment to sustainability and their wide range of products make them a top choice for customers in the UK.
