HOBBYCRAFT TRADING LIMITED
Company Information
- Company Number
- 00806269
- Registered Address
- 7 Enterprise Way Aviation Park, Bournemouth International Airport, Hurn, Christchurch Dorset, BH23 6HG
- Status
- Active
- Employee Count
- 1,515
- Turnover
- £215,951,000
- EBITDA
- -£2,435,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 May 1964
- Nature of Business
- 47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Industries
- Supply Chain
- Region
- South West
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 |
|---|---|---|---|---|---|---|
| 17 Feb 2025 - 17 Aug 2025 | 09 Oct 2025 | 44 | 17% | 27% | 56% | 8% |
| 19 Aug 2024 - 16 Feb 2025 | 18 Mar 2025 | 60 | 11% | 35% | 54% | 4% |
| 21 Aug 2023 - 18 Feb 2024 | 14 Mar 2024 | 55 | 12% | 39% | 49% | 4% |
| 20 Feb 2023 - 20 Aug 2023 | 12 Sept 2023 | 61 | 11% | 32% | 57% | 6% |
| 22 Aug 2022 - 19 Feb 2023 | 16 Mar 2023 | 64 | 10% | 32% | 58% | 4% |
| 21 Feb 2022 - 21 Aug 2022 | 14 Sept 2022 | 65 | 9% | 32% | 59% | 7% |
| 23 Aug 2021 - 20 Feb 2022 | 07 Mar 2022 | 63 | 9% | 34% | 57% | 5% |
| 22 Feb 2021 - 22 Aug 2021 | 17 Sept 2021 | 67 | 11% | 32% | 57% | 21% |
| 17 Aug 2020 - 21 Feb 2021 | 24 May 2021 | 75 | 11% | 25% | 64% | 19% |
| 17 Feb 2020 - 16 Aug 2020 | 11 Sept 2020 | 84 | 12% | 12% | 76% | 75% |
| 19 Aug 2019 - 16 Feb 2020 | 18 Mar 2020 | 65 | 9% | 25% | 66% | 6% |
| 18 Feb 2019 - 18 Aug 2019 | 10 Sept 2019 | 64 | 8% | 26% | 66% | 8% |
| 19 Aug 2018 - 17 Feb 2019 | 18 Mar 2019 | 63 | 11% | 24% | 65% | 5% |
| 19 Feb 2018 - 19 Aug 2018 | 03 Sept 2018 | 68 | 4% | 19% | 77% | 4% |
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
Hobbycraft’s standard contractual payment terms range from End of Month (EOM) + 30 days to EOM + 120 days dependent on agreement with each supplier. It is Hobbycraft’s policy to always pay invoices by their due date. This is sometimes not possible, for example, where the invoice is submitted late or there is a query over the quality or quantity of the goods or services provided.
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
120
Dispute Resolution Process
In the event of a dispute relating to payment of an invoice the supplier should telephone or e-mail the Accounts Payable team with full details of their query. Queries are dealt with by a member of the Accounts Payable team, who will address the issues raised and respond with an e-mail or phone call. The Accounts Payable team aims to resolve a dispute within 5 working days. This may involve correction of bank, VAT registration or purchase order details as required. If the query has not been resolved satisfactorily, it can be escalated to the Purchase Ledger Manager, the Head of Finance or ultimately the CFO, if required.
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
HOBBYCRAFT TRADING LIMITED is a British company that specializes in providing a wide range of crafting supplies and materials. Founded in 1995, the company has grown to become one of the leading retailers of craft products in the UK.
The company's sustainability program focuses on reducing their environmental impact by sourcing sustainable materials and implementing eco-friendly practices in their operations. They also support various charities and community projects, with a focus on promoting creativity and wellbeing through crafting.
HOBBYCRAFT offers a vast selection of products, including art supplies, knitting and sewing materials, home decor items, and DIY kits. They also provide online tutorials and workshops to help customers develop their crafting skills.
The key people behind HOBBYCRAFT TRADING LIMITED are CEO Dominic Jordan, who has been with the company since 2004, and Chairman Peter King, who joined in 2010. They lead a team of over 1,500 employees across their 90 stores nationwide.
For more information on their products and services, customers can visit their website at www.hobbycraft.co.uk. The company's registered office address is at 7 Enterprise Way, Christchurch, Dorset, BH23 6HG. With their commitment to sustainability and passion for crafting, HOBBYCRAFT TRADING LIMITED continues to be a go-to destination for all things creative in the UK.
