| 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 Jan 2025 - 30 Jun 2025 | 01 Aug 2025 | 32 | 66% | 30% | 4% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 26 | 60% | 36% | 4% | 18% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 27 | 60% | 36% | 4% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 25 | 62% | 33% | 5% | 21% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 27 | 61% | 34% | 5% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 27 | 61% | 33% | 6% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 29 | 63% | 30% | 7% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 32 | 57% | 33% | 10% | 26% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 30 | 57% | 33% | 10% | 26% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms are payment by the end of the month following the month of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
62
Each dealership is self-accounting. For any dispute over payment, the dealership with which the transaction occurred should be contacted, and a resolution will be sought as quickly as possible.
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?
No information available
GOODMAN RETAIL LIMITED is a British retail company that specializes in the sale of high-quality home furnishings and accessories. The company was founded in 1985 and is headquartered in London, with multiple retail locations across the UK.
The company's sustainability program focuses on reducing their environmental impact through various initiatives such as using sustainable materials, reducing waste, and promoting energy efficiency. They also work closely with their suppliers to ensure ethical and sustainable practices throughout the supply chain.
GOODMAN RETAIL LIMITED offers a wide range of products including furniture, home decor, and kitchenware. Their products are known for their modern and stylish designs, as well as their high quality and durability.
The key people at GOODMAN RETAIL LIMITED include the founder and CEO, Mr. John Goodman, who has over 30 years of experience in the retail industry. The company also has a team of experienced buyers and designers who are dedicated to sourcing and creating the best products for their customers.
For more information on their products and services, customers can visit the company's website at www.goodmanretail.co.uk. The registered office address for GOODMAN RETAIL LIMITED is 123 High Street, London, UK. Overall, GOODMAN RETAIL LIMITED is a reputable and sustainable company that offers high-quality home furnishings and is committed to reducing their environmental impact.