HUWS GRAY LIMITED
Company Details
Registration Number
02506633
Registered Address
Head Office Industrial Estate Llangefni Anglesey Wales LL77 7JA
Company Status
Active
Employee Count
5451
Turnover
£1,553,525,000
EBITDA
£133,341,000
Additional Information
Website
www.huwsgray.co.uk/Company Type
Private limited Company
Incorporated on
30 May 1990
Nature of Business (SIC)
46130 - Agents involved in the sale of timber and building materials
Industries
Aggregates, Building materials, tools and accessories, Gardening, landscaping and tree surgery, Heating, ventilation, air conditioning and mechanical and electrical systems, Home and garden, Online retailing, Parts and components, Physical retailing, Provision of raw materials
Region
WalesCompany Location
Financial Overview
£88,507,000
£220,862,000
Last Reporting Period
Filed
05 Feb 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
36 days
Payment Periods
Shortest
0 days
Longest
60 days
Max Contractual
70 days
Payment Timeline
Not Paid Within Terms
1%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 36 | 37% | 57% | 6% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 31 | 49% | 49% | 2% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 31 | 47% | 51% | 2% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 32 | 44% | 53% | 3% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 33 | 43% | 56% | 1% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 33 | 45% | 52% | 3% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 33 | 45% | 52% | 3% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Jul 2020 | 36 | 37% | 56% | 7% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 16 Mar 2020 | 33 | 43% | 54% | 3% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 03 Jul 2019 | 33 | 40% | 58% | 2% | 2% |
| 01 Jul 2018 - 31 Dec 2018 | 03 Jul 2019 | 35 | 37% | 60% | 3% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 04 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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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