HALFORDS GROUP PLC
Company Information
- Company Number
- 04457314
- Registered Address
- Icknield Street Drive, Washford West, Redditch, Worcestershire, B98 0DE
- Status
- Active
- Employee Count
- 12,901
- Turnover
- £1,593,500,000
- EBITDA
- £179,100,000
Additional Details
- Website
- https://www.halfords.com/
- Company Type
- Public limited Company
- Incorporated On
- 10 June 2002
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- West 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 Oct 2022 - 31 Mar 2023 | 10 May 2023 | 77 | 21% | 11% | 68% | 23% |
| 02 Apr 2022 - 30 Sept 2022 | 07 Nov 2022 | 75 | 23% | 12% | 65% | 21% |
| 02 Oct 2021 - 01 Apr 2022 | 03 May 2022 | 70 | 22% | 10% | 68% | 27% |
| 03 Apr 2021 - 01 Oct 2021 | 23 Dec 2021 | 72 | 12% | 19% | 69% | 27% |
| 06 Nov 2020 - 02 Apr 2021 | 30 Apr 2021 | 76 | 11% | 19% | 70% | 36% |
| 30 Mar 2019 - 27 Sept 2019 | 24 Oct 2019 | 80 | 10% | 21% | 69% | 15% |
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
As far as standard terms are used, these are 90 days EOM for goods for resale and 60 days EOM for goods not for resale.
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
120
Dispute Resolution Process
In the first instance any disputes would be raised via the company's Accounts Payable function. These would then be escalated within the company via both financial and commercial channels and ultimately resolved via negotiation with the supplier concerned.
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
HALFORDS GROUP PLC is a UK-based company that operates in the automotive and cycling industries. The company offers a wide range of products and services, including car parts and accessories, bicycles, and maintenance and repair services.
The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact. This includes reducing carbon emissions, increasing the use of renewable energy, and promoting sustainable products.
HALFORDS GROUP PLC also offers a range of sustainable products, such as electric bikes and eco-friendly car cleaning products. They also have a recycling scheme for used car batteries and offer bike repair services to extend the life of bicycles.
The key people in HALFORDS GROUP PLC include Graham Stapleton, the CEO, and Loraine Woodhouse, the CFO. The company's registered office address is Icknield Street Drive, Washford West, Redditch, Worcestershire, B98 0DE, United Kingdom.
Customers can contact the company through their website, www.halfords.com, or by calling their customer service hotline. The company also has a presence on social media platforms such as Facebook, Twitter, and LinkedIn, where customers can stay updated on their latest products and initiatives.
In summary, HALFORDS GROUP PLC is a leading company in the UK automotive and cycling industries with a strong focus on sustainability. They offer a wide range of products and services, and their commitment to reducing their environmental impact sets them apart from their competitors.