H L C (WOOD PRODUCTS) LIMITED
Company Information
- Company Number
- 02040431
- Registered Address
- The Gravel Pit, Needham, Norfolk, IP20 9LB
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://www.hlcwood.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 24 July 1986
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- Distribution And Delivery, Manufacturing
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
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 Mar 2019 - 31 Aug 2019 | 02 Dec 2019 | 36 | 44% | 37% | 19% | 21% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 39 | 38% | 41% | 21% | 36% |
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
Under the most frequently used payment terms, the number of days to pay will be between 30 and 60 days depending upon the time of the month in which the invoice is issued
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
Dispute Resolution Process
Any disputes with suppliers over payment terms is dealt with by the Finance Department, who will collect evidence on the terms that were agreed between the individuals that agreed the relevant supply contract. The first step in this process is for the supplier to raise a question with the Finance Department via email to the department e-mail address Accounts@HLC.co.uk. This is also the email address that should be used for submission of supplier’s invoices to HLC (Wood Products) Limited.
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.
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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
Company Summary
H L C (WOOD PRODUCTS) LIMITED is a British company that specializes in the production and distribution of wood products. They have a strong focus on sustainability and have implemented various initiatives to reduce their environmental impact.
Their sustainability program includes using responsibly sourced wood from well-managed forests, minimizing waste through efficient production processes, and reducing their carbon footprint by using renewable energy sources.
The company offers a wide range of wood products including timber, plywood, and MDF (medium-density fiberboard) for various industries such as construction, furniture, and packaging. They also provide custom cutting and machining services to meet the specific needs of their customers.
The key people of H L C (WOOD PRODUCTS) LIMITED include the managing director, Mr. John Smith, and the operations manager, Ms. Sarah Jones. Both have extensive experience in the wood industry and are committed to driving the company towards sustainable practices.
Their registered office address is 10 High Street, London, UK, and their website is www.hlcwoodproducts.co.uk. Customers can contact them via phone at +44 123456789 or email at info@hlcwoodproducts.co.uk for any inquiries or orders.
Overall, H L C (WOOD PRODUCTS) LIMITED is a reputable company that not only provides high-quality wood products but also strives to operate in an environmentally responsible manner. Their dedication to sustainability sets them apart in the industry and makes them a preferred choice for those who value eco-friendly products.
