| 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 |
|---|---|---|---|---|---|---|
| 30 Dec 2024 - 29 Jun 2025 | 28 Jul 2025 | 44 | 56% | 19% | 25% | 7% |
| 26 Jun 2023 - 24 Dec 2023 | 14 Feb 2024 | 46 | 55% | 20% | 25% | 21% |
| 26 Dec 2022 - 25 Jun 2023 | 26 Jul 2023 | 36 | 63% | 26% | 11% | 28% |
| 01 Jan 2022 - 30 Jun 2022 | 12 Aug 2022 | 31 | 65% | 30% | 5% | 30% |
| 28 Jun 2021 - 26 Dec 2021 | 01 Feb 2022 | 29 | 73% | 23% | 4% | 52% |
| 28 Dec 2020 - 27 Jun 2021 | 30 Jul 2021 | 31 | 68% | 26% | 6% | 24% |
| 28 Jun 2020 - 27 Dec 2020 | 16 Feb 2021 | 31 | 64% | 27% | 9% | 31% |
| 30 Dec 2019 - 28 Jun 2020 | 12 Aug 2020 | 20 | 79% | 13% | 8% | 45% |
| 29 Jul 2018 - 27 Jan 2019 | 28 Feb 2019 | 35 | 55% | 34% | 11% | 42% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are agreed with key suppliers individually and may vary depending on the nature of the goods or services being provided. Standard payment terms for other suppliers are typically 60 days from invoice date.
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
130
Where discrepancies arise on either the price or volume of items received, these are referred to the business area receiving the goods or services for agreement with the supplier, supported by the accounts payable team. Where necessary, additional documentation (e.g. proof of delivery) is sought.
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.
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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.
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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.
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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
DFS TRADING LIMITED is a British furniture retailer founded in 1969. The company offers a wide range of sofas, chairs, and other home furnishings, both online and in their 100+ stores across the UK and Ireland.
In terms of sustainability, DFS has implemented several initiatives to reduce their environmental impact. They have a recycling program for old furniture, use sustainable materials in their products, and have reduced the amount of plastic packaging used. They also have a goal to become carbon neutral by 2025.
Some of DFS's key products and services include their exclusive partnerships with brands such as French Connection and Joules, as well as their made-to-order service for custom furniture. They also offer interest-free credit options for customers.
The key people of DFS TRADING LIMITED include CEO Tim Stacey and CFO Mike Schmidt. They have a team of over 5,000 employees who are dedicated to providing high-quality products and exceptional customer service.
For customer convenience, DFS has a user-friendly website where customers can browse and purchase their products. They also have a customer service team available for any inquiries or assistance. The company's registered office address is in Doncaster, South Yorkshire.
In summary, DFS TRADING LIMITED is a reputable furniture retailer in the UK, known for its sustainable practices and wide range of products and services. With their commitment to sustainability and dedication to customer satisfaction, DFS continues to be a leader in the furniture industry.