HOWDEN JOINERY CORPORATE SERVICES LIMITED

PaymentCheck Score 2022
78Good
0.9vs last year
#1912 in UK
#70 in Human Resources
#829 in London

Company Information

Company Number
01767386
Registered Address
105 Wigmore Street, London, England, W1U 1QY
Status
Active
Employee Count
38
Turnover
£20,348,000
EBITDA
-£1,050,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 November 1983
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Human Resources, Recruitment And Admin, Software
Region
London

Time to Pay

Average Time to Pay
52 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
39%
31-60 Days
51%
After 60 Days
10%
Not Paid Within Terms47%

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: 2024-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
26 Jun 2022 - 24 Dec 202212 Jan 20233466%30%4%4%
27 Jun 2021 - 25 Dec 202118 Jan 20223659%34%7%3%
27 Dec 2020 - 26 Jun 202116 Jul 20213166%29%4%1%
29 Jun 2020 - 26 Dec 202015 Jan 20213266%29%5%2%
01 Jul 2018 - 29 Dec 201831 Jan 20193554%41%5%32%
31 Dec 2017 - 30 Jun 201827 Jul 20183843%51%6%39%

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

We have a range of payment terms that vary by supplier, these range from immediate to 90 days following invoice date. We do not have daily payment runs but we are willing to accept immediate payment terms and so these suppliers on immediate terms are paid on the first available payment run once their invoices have gone through the relevant approval process. Suppliers with immediate terms or less than our standard terms will generally be paid late but they are on these payment terms to ensure they are paid at the earliest opportunity.

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

90

Dispute Resolution Process

The Company is committed to dealing with its suppliers in a fair, honest and professional manner. We seek to resolve queries as quickly as possible to everyone's satisfaction prior to payment being made. It is initially established whether an invoice has been received. If this is not the case, a copy invoice is requested and sent for the relevant approval process. In the event that a dispute cannot be resolved by our Accounts team, it would be escalated in the first instance to the relevant Head of Department to seek a resolution.

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

HOWDEN JOINERY CORPORATE SERVICES LIMITED is a leading supplier of kitchen and joinery products in the UK. The company was founded in 1995 and is headquartered in London.

The company's sustainability program is focused on reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives such as using sustainable materials in their products, reducing waste and energy consumption, and promoting recycling. They also have a commitment to responsible sourcing, ensuring that their suppliers follow ethical and sustainable practices.

HOWDEN JOINERY CORPORATE SERVICES LIMITED offers a wide range of high-quality kitchen and joinery products, including cabinets, worktops, appliances, and accessories. They have a strong focus on customer satisfaction and offer a variety of design options to meet their clients' specific needs.

The key people at HOWDEN JOINERY CORPORATE SERVICES LIMITED include the CEO, Andrew Livingston, who has been with the company since 2013, and the Chairman, Michael Healy, who has been with the company since 2006.

The company can be contacted through their website, which also provides information on their products, services, and sustainability efforts. Their registered office address is located at 40 Portman Square, London, W1H 6LT, United Kingdom.

Overall, HOWDEN JOINERY CORPORATE SERVICES LIMITED is committed to providing high-quality products while also prioritizing sustainability and responsible business practices.

Financial Metrics

Cash
£70,000
Net Worth
-£298,077,000
Total Current Assets
£109,392,000
Total Current Liabilities
£448,320,000

Company Location