BELFIELD FURNISHINGS LIMITED
Company Information
- Company Number
- 04416650
- Registered Address
- Belfield Furnishings Limited, Hallam Fields Road, Ilkeston, England, DE7 4AZ
- Status
- Active
- Employee Count
- 439
- Turnover
- £38,907,000
- EBITDA
- £1,424,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 April 2002
- Nature of Business
- 13921 - Manufacture of soft furnishings31090 - Manufacture of other furniture
- Industries
- Property,Infrastructure And Construction
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 31 Dec 2024 | 31 Jan 2025 | 76 | 10% | 21% | 69% | 89% |
| 01 Jan 2024 - 30 Jun 2024 | 17 Jul 2024 | 70 | 7% | 23% | 70% | 85% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 66 | 5% | 25% | 70% | 87% |
| 01 Jan 2023 - 30 Jun 2023 | 08 Aug 2023 | 63 | 5% | 28% | 67% | 89% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 57 | 13% | 44% | 43% | 63% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 56 | 14% | 47% | 39% | 60% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 56 | 14% | 45% | 41% | 56% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 57 | 13% | 44% | 43% | 47% |
| 01 Jan 2020 - 30 Jun 2020 | 07 Aug 2020 | 70 | 9% | 38% | 53% | 59% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 55 | 12% | 53% | 35% | 54% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 56 | 6% | 45% | 49% | 93% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 54 | 11% | 41% | 48% | 89% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 55 | 9% | 39% | 52% | 92% |
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
Payment terms are agreed with key suppliers individually and may vary depending on the nature of the goods or services being provided. Standard payment terms are typically 30-60 from date of invoice, 30 days end of month or nett monthly.
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
Where disputes arise, these are referred to the purchasing department who will investigate and liaise with suppliers to reach a resolution.
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
BELFIELD FURNISHINGS LIMITED is a British furniture company that specializes in the design, manufacture, and distribution of high-quality furnishings. The company was founded in 1972 and is headquartered in Nottingham, England.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. They have a dedicated sustainability team and have implemented measures such as using sustainable materials, reducing waste, and improving energy efficiency in their production processes.
BELFIELD FURNISHINGS LIMITED offers a wide range of products including sofas, chairs, beds, and other home furnishings. They have a variety of styles to suit different tastes and preferences, and their products are known for their durability and quality.
The company is led by a team of experienced and knowledgeable individuals, including the managing director, Neil Anderson, and the sales director, Mark Duke. They are supported by a team of skilled designers and craftsmen who ensure that the company's products meet the highest standards.
Customers can easily access information about the company and its products through their website, which also features an online catalogue and a store locator. BELFIELD FURNISHINGS LIMITED's registered office address is in Nottingham, and their website is www.belfieldfurnishings.com.
Overall, BELFIELD FURNISHINGS LIMITED is a reputable and sustainable company that offers high-quality furnishings to customers in the UK and overseas. With their commitment to sustainability, diverse product range, and experienced team, they continue to be a leader in the furniture industry.
