| 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 Jul 2019 - 31 Dec 2019 | 17 Feb 2020 | 12 | 86% | 11% | 4% | 64% |
| 01 Jan 2019 - 30 Jun 2019 | 09 Oct 2019 | 15 | 85% | 10% | 5% | 69% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 14 | 83% | 11% | 6% | 77% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 14 | 83% | 12% | 5% | 82% |
| 01 Jul 2017 - 31 Dec 2017 | 04 May 2018 | 14 | 82% | 13% | 5% | 88% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Shortest Standard payment terms 1 Day Standard payment terms EOM Fitters 10 Days Maximum contractual payment terms 60 Days No change to standard terms in the reporting period
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
purchaseledger@hammonds-uk.com All queries are directed towards relevant department managers
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
Hammonds Furniture Limited is a UK-registered company based in Hinckley, incorporated in 1977 and remaining active. Its registered SIC classification is manufacture of other furniture, indicating the business is engaged in producing furniture rather than merely distributing it. The company has been trading under the Hammonds Furniture name at its Nutts Lane site for many years, with its ownership and directorship remaining largely within the same family group. No further detail on specific product ranges, retail operations or trading history is available from the evidence supplied, so this summary is limited to the confirmed registration and classification facts.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk