FURNITURE VILLAGE LIMITED
Company Information
- Company Number
- 02307708
- Registered Address
- 258 Bath Road, Slough, Berkshire, SL1 4DX
- Status
- Active
- Employee Count
- 1,213
- Turnover
- £348,873,000
- EBITDA
- £17,063,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 October 1988
- Nature of Business
- 47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Industries
- Property-related Goods And Services
- Region
- South East
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 |
|---|---|---|---|---|---|---|
| 30 Dec 2024 - 29 Jun 2025 | 28 Jul 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 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% |
| 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% |
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
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
Dispute Resolution Process
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 emailed to apinvoices@furniturevillage.co.uk and expense invoices to apexpinv@furniturevillage.co.uk
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
Furniture Village Limited is a British furniture retailer that was founded in 1989. They offer a wide range of furniture products, including sofas, beds, dining room sets, and home accessories.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability team that works towards reducing waste, using sustainable materials, and promoting eco-friendly practices throughout their supply chain.
Furniture Village Limited also offers a range of sustainable products, including furniture made from recycled materials and FSC-certified wood. They also have a recycling scheme in place, where customers can return their old furniture for recycling when purchasing new items.
The key people at Furniture Village Limited include the CEO, Peter Harrison, and the Chairman, Peter Goldstein. The company's registered office address is at 258 Bath Road, Slough, Berkshire SL1 4DX.
Their website, furniturevillage.co.uk, is a one-stop-shop for all their products and services. It also provides information on their sustainability efforts and ways for customers to get involved.
In conclusion, Furniture Village Limited is a leading furniture retailer in the UK that not only offers high-quality products but also prioritizes sustainability. Their commitment to reducing their environmental impact and offering sustainable options makes them a responsible and ethical choice for consumers.
