SELCO TRADE CENTRES LIMITED
Company Information
- Company Number
- 02182671
- Registered Address
- First Floor, Boundary House, 2 Wythall Green Way, Wythall, Birmingham, B47 6LW
- Status
- Active
- Employee Count
- 2,742
- Turnover
- £566,587,000
- EBITDA
- £53,059,000
Additional Details
- Website
- https://selcobw.com
- Company Type
- Private limited Company
- Incorporated On
- 23 October 1987
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Commerce Models, Property, Infrastructure And Construction, Property-related Goods And Services, Raw Materials And Intermediate Goods, Supply Chain, Manufacturing And Commerce Models
- Region
- West Midlands
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 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 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 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% |
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
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
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
"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."
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
SELCO Trade Centres Limited is a UK-based company that specializes in the sale and distribution of building materials, hardware, and other related products. The company was founded in 1984 and has since then established itself as a leading supplier in the construction industry.
One of the key focuses of SELCO Trade Centres Limited is sustainability. The company has implemented various initiatives to reduce its environmental impact, such as using renewable energy sources, promoting recycling, and reducing waste. They also offer sustainable and eco-friendly products, such as energy-efficient building materials, to their customers.
The company prides itself on its wide range of products, which includes everything from timber and sheet materials to plumbing and electrical supplies. They also provide a range of services, such as cutting and machining services, to meet the specific needs of their customers.
The key people behind SELCO Trade Centres Limited include founder and chairman, Charles Crossland, and managing director, Howard Luft. They have a team of experienced and knowledgeable staff who are committed to providing excellent customer service.
SELCO Trade Centres Limited has multiple trade centres located throughout the UK, making their products and services easily accessible to their customers. They also have an online store where customers can browse and purchase products from the comfort of their own homes.
The registered office address of SELCO Trade Centres Limited is in Watford, Hertfordshire. Their website, www.selcobw.com, provides more information about their products, services, and sustainability efforts. Overall, SELCO Trade Centres Limited is a reputable and sustainable company that continues to serve the construction industry with high-quality products and services.
