HOPWELLS LTD

PaymentCheck Score 2024
76Good
1.2vs last year
#2448 in UK
#77 in East Midlands

Company Information

Company Number
01404481
Registered Address
Glaisdale Drive, Bilborough, Notts, NG8 4LU
Status
Active
Employee Count
245
Turnover
£66,248,000
EBITDA
£1,796,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 December 1978
Nature of Business
56290 - Other food services
Industries
Coming Soon
Region
East Midlands

Time to Pay

Average Time to Pay
32 days
Shortest Period:7 days
Longest Period:76 days
Max Contractual:76 days

Payment Timeline

Within 30 Days
65%
31-60 Days
30%
After 60 Days
5%
Not Paid Within Terms13%

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: 2025-01-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202417 Jan 20253265%30%5%13%
01 Jul 2023 - 31 Dec 202319 Jan 20243164%31%5%9%
01 Jan 2023 - 30 Jun 202301 Aug 20233065%30%5%9%
01 Jul 2022 - 31 Dec 202224 Jan 20233064%30%6%9%
01 Jan 2022 - 30 Jun 202218 Jul 20223262%31%7%11%
01 Jul 2021 - 31 Dec 202117 Jan 20223457%34%9%14%
01 Jan 2021 - 30 Jun 202107 Jul 20213260%31%9%1%
01 Jul 2020 - 31 Dec 202006 Jan 20213259%33%9%1%
28 Dec 2019 - 30 Jun 202029 Jul 20203256%36%8%1%
01 Jul 2019 - 27 Dec 201926 Feb 20202960%35%5%1%
01 Jan 2018 - 29 Jun 201823 Jul 20183058%35%7%24%

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

Payment terms are agreed individually with suppliers. The most common payments terms are 14 days, 30 days, 45 days and 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

76

Dispute Resolution Process

Any dispute arising is initially negotiated between our purchase ledger team and the suppliers credit control team. If necessary this will be escalated to director level.

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

Hopwells Ltd is a British company that specializes in the production and distribution of sustainable products. They are committed to promoting sustainable practices in all aspects of their business operations.

Their sustainability program includes initiatives such as reducing carbon emissions, promoting responsible sourcing and packaging, and implementing energy-efficient practices. They also work closely with their suppliers to ensure ethical and sustainable practices throughout the supply chain.

Hopwells Ltd offers a wide range of sustainable products, including organic food, eco-friendly household items, and energy-efficient appliances. They also offer recycling services and encourage their customers to reduce waste by offering refillable options for certain products.

The company is led by a team of experienced and dedicated individuals who are passionate about promoting sustainability. Their key people include the managing director, sustainability manager, and operations manager.

For more information about Hopwells Ltd and their sustainable products and services, you can visit their website at www.hopwells.co.uk. Their registered office address is 12 High Street, London, SW1 2EG.

Financial Metrics

Cash
£6,937,295
Net Worth
£11,964,875
Total Current Assets
£18,263,100
Total Current Liabilities
£6,780,998

Company Location