| 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 Oct 2018 - 31 Mar 2019 | 01 Jul 2019 | 54 | 8% | 46% | 46% | 6% |
| 02 Oct 2017 - 01 Apr 2018 | 29 May 2018 | 55 | 11% | 46% | 43% | 13% |
This information is as reported by the business, and responses are in their own words.
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
No additional information
Maximum contractual payment period agreed
90
With any disputes it is recommended that a copy Invoice & POD are sent to accounts@buoyant-upholstery.co.uk
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
Buoyant Upholstery Limited is a UK manufacturer of upholstered furniture, based in Nelson, Lancashire. The company makes sofas, chairs, sofa beds, swivel chairs and footstools across a range of named collections, supplying retail traders and major High Street brands. It describes itself as manufacturing since 1909, combining design and production processes to produce hand-crafted furniture. The company also offers contract furniture. Its registered SIC code covers manufacture of other furniture, consistent with its own description as a furniture manufacturer producing design-led, upholstered products with an emphasis on comfort and quality.
Generated from the company's website and Companies House records. Sources: buoyant-upholstery.co.uk · buoyant-upholstery.co.uk