POUNDLAND LIMITED
Company Information
- Company Number
- 02495645
- Registered Address
- Poundland Csc, Midland Road, Walsall, United Kingdom, WS1 3TX
- Status
- Active
- Employee Count
- 15,820
- Turnover
- £1,586,100,000
- EBITDA
- £164,073,000
Additional Details
- Website
- https://www.poundland.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 25 April 1990
- Nature of Business
- 47190 - Other retail sale in non-specialised stores
- Industries
- Creative,Media And Publishing,Lifestyle And Entertainment,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 Oct 2024 - 31 Mar 2025 | 15 Apr 2025 | 30 | 62% | 25% | 13% | 29% |
| 01 Oct 2021 - 31 Mar 2022 | 04 May 2022 | 34 | 57% | 26% | 17% | 28% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 13 | 32% | 52% | 16% | 68% |
| 01 Apr 2019 - 30 Sept 2019 | 17 Oct 2019 | 8 | 23% | 59% | 18% | 78% |
| 02 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 26 | 62% | 33% | 4% | 52% |
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
We do not operate standard payment terms. Payment terms and payment methods are agreed by the individual negotiations with each supplier.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payment terms are negotiated on an individual basis with each supplier and the type of goods or services purchased. Payment for the majority of our suppliers is via a weekly BAC's payment run. As a result timings of our BAC's payment runs versus the due dates on invoices, some invoices fall as paid late. 56% of invoices are paid within one week of the due date.
Maximum contractual payment period agreed
120
Dispute Resolution Process
All disputes relating to the invoice payments should be referred to the accounts payable team (Accounts.payable@poundland.co.uk). Disputes should reference invoice numbers and the values as this will aid the investigation process. The accounts payable team will liaise internally with the relevant department to resolve any outstanding issues around pricing, quantity or delivery and provide progress updates.
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.
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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.
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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
POUNDLAND LIMITED is a popular discount retailer in the United Kingdom, offering a wide range of products at affordable prices. The company was founded in 1990 and is headquartered in Willenhall, West Midlands.
The company's sustainability program is focused on reducing its environmental impact through initiatives such as using renewable energy sources, reducing packaging waste, and promoting recycling. POUNDLAND also partners with various charities to donate unsold products and support local communities.
The company's product range includes household essentials, beauty and health products, food and drinks, and seasonal items. POUNDLAND also offers a variety of own-brand products, including the popular "Poundland Essentials" range.
The key people at POUNDLAND LIMITED include Managing Director Barry Williams and Chairman Andy Bond. The company has over 800 stores across the UK, and customers can also shop online through their website. The registered office address for POUNDLAND LIMITED is Wellmans Road, Willenhall, West Midlands, WV13 2QT.
In addition to their sustainability efforts, POUNDLAND is committed to providing excellent customer service and value for money. With its wide range of products and affordable prices, POUNDLAND has become a go-to destination for budget-conscious shoppers in the UK.
