| 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 2025 - 31 Dec 2025 | 26 Jan 2026 | 42 | 25% | 63% | 12% | 13% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 43 | 24% | 63% | 13% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 05 Feb 2025 | 42 | 26% | 62% | 12% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 41 | 29% | 58% | 13% | 16% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 39 | 35% | 52% | 12% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 41 | 32% | 52% | 15% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 43 | 27% | 57% | 16% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 43 | 30% | 54% | 16% | 13% |
| 01 Jun 2021 - 30 Jun 2021 | 28 Jul 2021 | 45 | 27% | 51% | 22% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 51 | 21% | 50% | 29% | 22% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 47 | 23% | 55% | 22% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 47 | 23% | 54% | 23% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 49 | 22% | 53% | 25% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 48 | 24% | 52% | 24% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are the supplier payment terms. Selco do not impose their own payment terms with suppliers. However, majority of stock suppliers are paid at the end of the month following the transaction. Other contracts will be payable immediately or within 7 days, in line with the suppliers standard terms. Also, there are a few supplier with 90 day payment terms
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
See above. Payment terms are set by the supplier.
Maximum contractual payment period agreed
90
For Goods for Resale invoices, disputes are raised with the supplier within 48 hours of receiving the goods. If a copy of Delivery Note is required, this will be requested from the supplier. If there is a dispute regarding quality, these will be raised with the supplier and will be dealt with on an individual basis. For suppliers that use the distribution Centre, our partner (Unipart) also raises discrepancies with the supplier Payment continues to be made on invoices not in dispute, and only disputed invoices will be excluded from payment runs
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
Selco Trade Centres Limited trades as Selco Builders Warehouse, a builders' and timber merchant operating trade centres across the UK. It supplies building materials, timber, sheet materials, plumbing and heating supplies, tools, electrical goods, insulation and related trade products, available for click and collect, delivery or phone ordering via a trade card scheme. The company describes itself as offering "all the timber & building materials you would expect from your local builder's merchant" at trade prices. It operates as a wholesale and retail supplier to tradespeople rather than as a manufacturer, stocking third-party goods across numerous building and construction categories from branches nationwide.
Generated from the company's website and Companies House records. Sources: selcobw.com