HUWS GRAY LIMITED

Company Information

Company Number
02506633
Registered Address
Head Office, Industrial Estate, Llangefni, Anglesey, Wales, LL77 7JA
Status
Active
Employee Count
5451.0
Turnover
1553525000.0
EBITDA
133341000.0

Additional Details

Company Type
Private limited Company
Incorporated On
30 May 1990
Nature of Business
46130 - Agents involved in the sale of timber and building materials
Industries
Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
Wales

Company Location

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Financial Metrics

Cash
£88,507,000.00
Net Worth
£220,862,000.00
Total Current Assets
£602,448,000.00
Total Current Liabilities
£454,335,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-05

Time to Pay

Average Time to Pay
36 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:70 days

Payment Timeline

Within 30 Days
37%
31-60 Days
57%
After 60 Days
6%
Not Paid Within Terms1%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202305 Feb 20243637%57%6%1%
01 Jan 2023 - 30 Jun 202331 Jul 20233149%49%2%2%
01 Jul 2022 - 31 Dec 202231 Jan 20233147%51%2%1%
01 Jan 2022 - 30 Jun 202228 Jul 20223244%53%3%0%
01 Jul 2021 - 31 Dec 202128 Jan 20223343%56%1%0%
01 Jan 2021 - 30 Jun 202127 Jul 20213345%52%3%0%
01 Jul 2020 - 31 Dec 202029 Jan 20213345%52%3%0%
01 Jan 2020 - 30 Jun 202017 Jul 20203637%56%7%1%
01 Jul 2019 - 31 Dec 201916 Mar 20203343%54%3%2%
01 Jan 2019 - 30 Jun 201903 Jul 20193340%58%2%2%
01 Jul 2018 - 31 Dec 201803 Jul 20193537%60%3%2%
01 Jan 2018 - 30 Jun 201804 Jul 2018

Company Summary

HUWS GRAY LIMITED is a leading building and construction materials supplier based in the United Kingdom

The company was founded in 1990 and has since then grown to become one of the largest independent builders' merchants in the country

The company offers a wide range of products and services, including building materials, plumbing and heating supplies, tools, hardware, and landscaping products

They also provide a variety of services such as kitchen and bathroom design, timber cutting, and brick matching

HUWS GRAY LIMITED is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact

They have a recycling program in place for waste materials, use energy-efficient vehicles for transportation, and promote the use of sustainable materials in their products

The key people at HUWS GRAY LIMITED include the managing director, Terry Owen, and the operations director, Dewi Morris

They have a team of experienced staff who are dedicated to providing excellent customer service and building strong relationships with their clients

Customers can contact HUWS GRAY LIMITED through their website, which also features their full range of products, special offers, and store locations

The company's registered office is located in Anglesey, Wales

In summary, HUWS GRAY LIMITED is a reputable and sustainable building and construction materials supplier in the UK, offering a wide range of products and services

They have a strong focus on sustainability and are led by an experienced team of professionals

Customers can easily access their products and services through their website and various store locations

Company Review

Trend Analysis

The data for HUWS GRAY LIMITED shows a consistent trend of paying invoices within 30 days, with a slight decrease in the percentage of invoices paid within 30 days in the most recent period. There is also a consistent trend of paying invoices between 31 and 60 days, with a slight increase in the most recent period. However, there is a more noticeable increase in the percentage of invoices paid later than 60 days in the most recent period. This suggests that the company may be experiencing some financial difficulties.

Volatility Analysis

The data for HUWS GRAY LIMITED shows low volatility in the average time taken to pay invoices, with only a 3% difference between the highest and lowest values. However, there is slightly more volatility in the percentage of invoices paid within 30 days, with a 12% difference between the highest and lowest values. The percentage of invoices paid between 31 and 60 days also shows low volatility, with only a 6% difference between the highest and lowest values. The most volatile category is the percentage of invoices paid later than 60 days, with a 7% difference between the highest and lowest values.

Summary Analysis

In the past three periods, HUWS GRAY LIMITED has consistently paid invoices within an average of 33-36 days. However, there has been a slight increase in the average time taken to pay invoices in the most recent period. The percentage of invoices paid within 30 days has also remained consistent at 40-45%, but there has been a slight decrease in the most recent period. The percentage of invoices paid between 31 and 60 days has remained consistent at 52-58%, with a slight increase in the most recent period. However, there has been a more noticeable increase in the percentage of invoices paid later than 60 days in the most recent period, which may be a cause for concern.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

End of month plus 1 month

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

70

Dispute Resolution Process

Any unresolved queries or payment issues should be raised with the Purchase Ledger department, their email address is purchaseledger@huwsgray.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