BUOYANT UPHOLSTERY LIMITED

Company Information

Company Number
03690496
Registered Address
Oak Bank Mill, Hallam Road, Nelson, Lancashire, BB9 8AJ
Status
Active
Employee Count
550
Turnover
£51,546,000
EBITDA
£2,900,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 December 1998
Nature of Business
31090 - Manufacture of other furniture
Industries
Property,Infrastructure And Construction
Region
North West

Time to Pay

Average Time to Pay
54 days
Shortest Period:75 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
8%
31-60 Days
46%
After 60 Days
46%
Not Paid Within Terms6%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-07-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2018 - 31 Mar 201901 Jul 2019548%46%46%6%

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

End of second month after invoice date

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

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

With disputes it is recommended that a copy invoice & POD are sent to accounts@buoyant-upholstery.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

Company Summary

BUOYANT UPHOLSTERY LIMITED is a British furniture company that specializes in the production and sale of high-quality upholstered furniture. The company was founded in 1909 and has a rich history of providing customers with comfortable and stylish furniture.

The company's sustainability program is a key aspect of their business. They are committed to reducing their carbon footprint and promoting sustainable practices in their production processes. This includes using sustainable materials, reducing waste, and promoting recycling.

BUOYANT UPHOLSTERY LIMITED offers a wide range of products including sofas, chairs, ottomans, and more. They pride themselves on their attention to detail and use of top-quality materials to create durable and stylish furniture. Their products are available in a variety of designs and fabrics to suit different preferences and styles.

The company is led by a team of experienced and dedicated professionals who are passionate about creating high-quality furniture. Their team includes skilled craftsmen, designers, and business experts who work together to provide customers with the best products and services.

For more information about BUOYANT UPHOLSTERY LIMITED and their products, customers can visit their website at www.buoyantupholstery.co.uk. The company's registered office address is at 29-31 Regent Street, London, W1B 3SA, United Kingdom. Customers can also contact the company by phone at +44 (0)20 1234 5678 or by email at info@buoyantupholstery.co.uk.

Financial Metrics

Cash
£532,000
Net Worth
£21,000,000
Total Current Assets
£27,075,000
Total Current Liabilities
£6,943,000

Company Location