There is a trend of improvement in the time taken for HOWDEN JOINERY HOLDINGS LIMITED to pay invoices to suppliers. The average time to pay has decreased steadily over the past six periods, from an average of 38.5 days in the first period to 24.2 days in the most recent period. This indicates that the company is becoming more efficient in processing payments to suppliers.
The volatility in the time taken for HOWDEN JOINERY HOLDINGS LIMITED to pay invoices to suppliers is relatively low. There is a steady decrease in the average time to pay over the past six periods, with only a slight increase in the second period. This indicates that the company's payment process is becoming more consistent and reliable.
Looking at the data for the past three periods, there has been a consistent improvement in the time taken for HOWDEN JOINERY HOLDINGS LIMITED to pay invoices. In the most recent period (2021-06-27 to 2021-12-25), the average time to pay was 24.2 days, which is a 17.9% improvement from the previous period (2020-12-27 to 2021-06-26). This improvement is also reflected in the percentage of invoices paid within 30 days, which increased by 7.6%, and the percentage of invoices paid between 31 and 60 days, which decreased by 5.2%.
| 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 |
|---|---|---|---|---|---|---|
| 25 Jun 2023 - 30 Dec 2023 | 29 Jan 2024 | |||||
| 25 Dec 2022 - 24 Jun 2023 | 20 Jul 2023 | |||||
| 26 Jun 2022 - 24 Dec 2022 | 12 Jan 2023 | |||||
| 26 Dec 2021 - 25 Jun 2022 | 12 Jul 2022 | |||||
| 27 Jun 2021 - 25 Dec 2021 | 18 Jan 2022 | |||||
| 27 Dec 2020 - 26 Jun 2021 | 22 Jul 2021 | |||||
| 29 Jun 2020 - 26 Dec 2020 | 15 Jan 2021 | |||||
| 29 Dec 2019 - 28 Jun 2020 | 24 Jul 2020 | |||||
| 30 Jun 2019 - 28 Dec 2019 | 15 Jan 2020 | |||||
| 30 Dec 2018 - 29 Jun 2019 | 18 Jul 2019 | |||||
| 01 Jul 2018 - 29 Dec 2018 | 31 Jan 2019 | |||||
| 31 Dec 2017 - 30 Jun 2018 | 27 Jul 2018 |
Howden Joinery Holdings Limited is a holding company registered in London, part of the Howdens group. The group trades as Howdens, described on its own site as the UK's No.1 Trade Kitchen Supplier, supplying kitchens, joinery and hardware exclusively to the trade from local stock across nearly 900 depots nationwide. Howdens designs and manufactures its cabinets in the UK, offering a free design and survey service alongside appliances, worktops and flooring products. The registered entity itself does not trade directly with customers but sits within the corporate structure overseeing the group's kitchen and joinery manufacturing and distribution operations carried out under the Howdens brand.
Generated from the company's website and Companies House records. Sources: howdens.com · howdens.com