Industry ranking
| 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 |
|---|---|---|---|---|---|---|
| 30 Jun 2025 - 28 Dec 2025 | 27 Jan 2026 | 57 | 7% | 53% | 40% | 2% |
| 30 Dec 2024 - 29 Jun 2025 | 28 Jul 2025 | 58 | 5% | 54% | 41% | 2% |
| 01 Jul 2024 - 29 Dec 2024 | 28 Jan 2025 | 58 | 5% | 54% | 41% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 60 | 4% | 54% | 42% | 5% |
| 03 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 59 | 6% | 53% | 41% | 6% |
| 02 Jan 2023 - 02 Jul 2023 | 01 Aug 2023 | 59 | 10% | 48% | 42% | 9% |
| 04 Jul 2022 - 01 Jan 2023 | 31 Jan 2023 | 59 | 10% | 48% | 42% | 8% |
| 04 Apr 2022 - 03 Jul 2022 | 01 Aug 2022 | 57 | 16% | 41% | 43% | 10% |
| 04 Oct 2021 - 03 Apr 2022 | 03 May 2022 | 67 | 6% | 40% | 54% | 11% |
| 29 Mar 2021 - 03 Oct 2021 | 25 Oct 2021 | 60 | 10% | 47% | 43% | 10% |
| 28 Sept 2020 - 28 Mar 2021 | 27 Apr 2021 | 60 | 10% | 47% | 43% | 10% |
| 30 Mar 2020 - 27 Sept 2020 | 27 Oct 2020 | 82 | 10% | 23% | 67% | 53% |
| 30 Sept 2019 - 29 Mar 2020 | 28 Apr 2020 | 61 | 9% | 45% | 46% | 11% |
| 01 Apr 2019 - 29 Sept 2019 | 24 Oct 2019 | 63 | 8% | 41% | 51% | 11% |
| 01 Oct 2018 - 31 Mar 2019 | 31 May 2019 | 66 | 8% | 42% | 50% | 11% |
| 02 Apr 2018 - 30 Sept 2018 | 31 May 2019 | 66 | 6% | 39% | 55% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Furniture Village agrees terms individually with suppliers at the outset of the trading relationship and they do vary. Standard payment terms for stock suppliers are end of second month following. Standard payment terms for expense suppliers are end of month following.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
115
All Suppliers are managed by designated personnel within the Accounts Payable Department and disputes in the first instance should be directed to the account owner. Escalation can be within the Finance Department or to the relevant Buyer. All stock invoices are matched to PO's and any discrepancies are directed internally initially to the relevant department for resolution. Unmatched invoices are reviewed regularly within the Finance Department. Electronic Data Interchange invoices are used where possible for stock invoices, with other stock invoices e-mailed to apinvoices@furniturevillage.co.uk and expense invoices to apexpinv@furniturevillage.co.uk
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
Furniture Village Limited is a UK furniture retailer, trading through stores across the country as well as online, alongside its own supply and distribution operations and a group office and contact centre. The company sells furniture from various brands, offering services such as interest-free credit, a ten-year guarantee and brochure ordering. It positions itself around quality craftsmanship and customer service, and has been recognised as a strong employer within the retail sector. Its SIC classification confirms specialised retail of furniture and lighting. Registered in England, the company operates from Slough and remains active.
Generated from the company's website and Companies House records. Sources: careers.furniturevillage.co.uk