WICKES BUILDING SUPPLIES LIMITED
Company Information
- Company Number
- 01840419
- Registered Address
- Vision House, 19 Colonial Way, Watford, United Kingdom, WD24 4JL
- Status
- Active
- Employee Count
- 7,774
- Turnover
- £1,534,500,000
- EBITDA
- £59,900,000
Additional Details
- Website
- https://wickes.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 13 August 1984
- Nature of Business
- 47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Industries
- Raw Materials And Intermediate Goods
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2024 - 30 Dec 2024 | 11 Feb 2025 | 45 | 28% | 53% | 19% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 46 | 28% | 53% | 19% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 13 Feb 2024 | 51 | 33% | 42% | 24% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 03 Aug 2023 | 41 | 40% | 39% | 22% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 55 | 48% | 31% | 21% | 24% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Aug 2022 | 50 | 41% | 34% | 24% | 20% |
| 01 Jul 2021 - 01 Jan 2022 | 28 Feb 2022 | 49 | 41% | 34% | 24% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Aug 2021 | 54 | 35% | 39% | 26% | 18% |
| 01 Jun 2020 - 26 Dec 2020 | 29 Jan 2021 | 59 | 28% | 42% | 31% | 21% |
| 27 Dec 2019 - 30 Jun 2020 | 30 Jul 2020 | 66 | 18% | 31% | 51% | 44% |
| 30 Dec 2018 - 29 Jun 2019 | 26 Jul 2019 | 50 | 31% | 29% | 40% | 71% |
| 01 Jul 2018 - 29 Dec 2018 | 25 Jan 2019 | 50 | 29% | 29% | 42% | 79% |
| 31 Dec 2017 - 30 Jun 2018 | 26 Jul 2018 | 52 | 29% | 27% | 44% | 80% |
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 pays in line with the terms set out in written agreements with suppliers, which it has for the majority of goods for resale suppliers. Where a written agreement does not exist, the company will pay suppliers of goods for resale to 60 days after the invoice date and suppliers of goods not for resale to 30 days after the invoice date, provided the supplier sends an accurate invoice which quotes the correct purchase order number or cost centre.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The company raises payment instructions in line with the agreed payment terms, which make no allowance for fund transmission times. The funds are available to the supplier 1 to 5 days after the payment date depending upon the method of transmission.
Maximum contractual payment period agreed
107
Dispute Resolution Process
Where non-payment is caused by invoicing inaccuracy due to incorrect pricing/quantities or the quality of goods or services provided, the person responsible for the purchase will dispute the invoice by and raise a credit claim. Invoices that are subject to a dispute will not be paid until the issue is resolved. Suppliers are sent the credit claim documents by email for them to action. Once resolved, payment will be made in accordance with the terms of the contract, 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
WICKES BUILDING SUPPLIES LIMITED is a British home improvement retailer that offers a wide range of building materials, tools, and DIY products. The company was founded in the 1970s and has since expanded to over 230 stores across the UK.
As a company committed to sustainability, WICKES has implemented various initiatives to reduce their environmental impact. They have set targets to reduce their energy consumption, waste production, and carbon emissions. They also encourage recycling and responsible sourcing of materials.
The company offers a variety of sustainable products, including energy-efficient appliances, eco-friendly construction materials, and water-saving solutions. They also have a range of eco-friendly cleaning and gardening products. WICKES' sustainability program also extends to their packaging, with a focus on using recyclable materials.
Some key people at WICKES include the CEO, David Wood, and the Managing Director, David Robinson. The company's website (www.wickes.co.uk) provides information on their products, services, and sustainability efforts. Customers can also find their nearest store, browse the online catalogue, and make purchases on the website.
The registered office address for WICKES BUILDING SUPPLIES LIMITED is Wickes House, 1-3 Sussex Street, London, United Kingdom, N1 8RH. They can also be contacted via phone at 0330 123 4123 or through their customer service email. With their commitment to sustainability and a wide range of quality products and services, WICKES is a reliable choice for all home improvement needs.
