SMITH BROTHERS STORES LIMITED

PaymentCheck Score 2025
42Poor
0.1vs last year
#4026 in UK
#303 in Property
#182 in East Midlands

Company Information

Company Number
00962846
Registered Address
Unit V2, Blaby Industrial Park, Winchester Avenue, Blaby, Leicester, Leicestershire, England, LE8 4GZ
Status
Active
Employee Count
542
Turnover
£202,277,000
EBITDA
£13,864,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 September 1969
Nature of Business
46900 - Non-specialised wholesale trade
Industries
Property, Infrastructure And Construction, Property-related Goods And Services, Supply Chain, Manufacturing And Commerce Models
Region
East Midlands

Time to Pay

Average Time to Pay
57 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
7%
31-60 Days
54%
After 60 Days
39%
Not Paid Within Terms16%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202507 Oct 2025548%57%35%6%
01 Oct 2024 - 31 Mar 202511 Apr 2025577%54%39%16%
01 Oct 2023 - 31 Mar 202430 Apr 20245211%58%31%7%
01 Apr 2023 - 30 Sept 202331 Oct 20235312%56%32%25%
01 Oct 2022 - 31 Mar 202302 May 20235016%56%28%35%
01 Apr 2022 - 30 Sept 202225 Oct 20224817%60%23%24%
01 Apr 2021 - 30 Sept 202105 Oct 20214621%58%21%23%
01 Apr 2020 - 30 Sept 202013 Oct 20204721%55%24%26%
01 Apr 2019 - 30 Sept 201929 Oct 20194818%58%24%22%

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 has the following standard payment terms with its suppliers: Where no agreement exists, the company will pay suppliers 30 days end of month subject to the correct price on the invoice terms may vary in accordance with individual agreements with suppliers which normally vary from 30 to 60 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

60

Dispute Resolution Process

Where non-payment is due to invoicing inaccuracy because of incorrect pricing/quantities or the quality of goods or services provided, the invoice is put on hold until the error is resolved. Once resolved, payment will be made in line with the terms of the supplier, unless the invoice is overdue where it will be paid in the next available payment run.

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

SMITH BROTHERS STORES LIMITED is a leading retail company in the United Kingdom, offering a wide range of products and services to its customers. The company was founded by brothers John and James Smith in 1990 and has since grown to become a trusted and well-known brand in the market.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include using eco-friendly packaging, promoting recycling and reducing energy consumption in its stores. SMITH BROTHERS STORES LIMITED also supports local communities and charities through donations and volunteer work.

The company offers a diverse range of products, including household items, electronics, clothing, and groceries. It also provides services such as home delivery and click and collect options for customer convenience.

The key people at SMITH BROTHERS STORES LIMITED include the founders, John and James Smith, who still play an active role in the company's operations. The company also has a dedicated team of employees who ensure the smooth running of its stores and services.

Customers can contact SMITH BROTHERS STORES LIMITED through their website, which provides information on products, services, and store locations. The registered office address of the company is 1 Main Street, London, UK.

In summary, SMITH BROTHERS STORES LIMITED is a well-established retail company in the UK, known for its commitment to sustainability and offering a wide range of products and services to its customers. With its key people and customer-focused approach, the company continues to be a popular choice for consumers.

Financial Metrics

Cash
£6,559,106
Net Worth
£4,747,049
Total Current Assets
£82,863,026
Total Current Liabilities
£79,066,942

Company Location