WESTBRIDGE FURNITURE DESIGNS LIMITED
Company Information
- Company Number
- 05149939
- Registered Address
- C/O Belfield Furnishings Limited, Hallam Fields Road, Ilkeston, England, DE7 4AZ
- Status
- Active
- Employee Count
- 814.0
- Turnover
- 67906000.0
- EBITDA
- -5514000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 June 2004
- Nature of Business
- 31090 - Manufacture of other furniture
- Industries
- Property,Infrastructure And Construction
- Region
- East Midlands
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 30 Jan 2024 | 58 | 11% | 48% | 41% | 90% |
| 01 Jan 2023 - 30 Jun 2023 | 02 Aug 2023 | 64 | 9% | 40% | 51% | 86% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 56 | 12% | 54% | 34% | 74% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 55 | 11% | 53% | 36% | 69% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 53 | 13% | 55% | 32% | 76% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 52 | 16% | 56% | 28% | 62% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 59 | 17% | 45% | 38% | 64% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 73 | 29% | 1% | 70% | 87% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 57 | 10% | 50% | 40% | 72% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 53 | 11% | 58% | 31% | 80% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 53 | 8% | 60% | 32% | 84% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 52 | 13% | 53% | 34% | 81% |
Company Summary
Westbridge Furniture Designs Limited is a UK-based company that specializes in the design, manufacture, and distribution of high-quality furniture
The company was founded in 1988 and has since become a leading supplier in the industry
Sustainability is a key focus for Westbridge Furniture Designs Limited and they have implemented various initiatives to reduce their environmental impact
They have invested in energy efficient machinery and use sustainable materials in their production process
They also have a recycling program in place to minimize waste
The company offers a wide range of products including sofas, chairs, beds, and footstools, all of which are crafted with expert care and attention to detail
Their furniture is known for its durability, comfort, and modern design, making it a popular choice among customers
The key people at Westbridge Furniture Designs Limited include the managing director, Darren Horsfall, and the sales director, Chris Watson
They lead a team of skilled craftsmen and designers who work tirelessly to create innovative and sustainable furniture
For more information on their products and services, customers can visit the company's website at www.westbridgefurniture.com
The registered office address for Westbridge Furniture Designs Limited is Unit 1, Sovereign Business Park, Hawkins Lane, Burton upon Trent, Staffordshire, DE14 1PD, United Kingdom
In summary, Westbridge Furniture Designs Limited is a reputable and environmentally conscious company that offers high-quality furniture
Their commitment to sustainability, along with their skilled team and modern designs, sets them apart in the furniture industry
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days EOM
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Invoice is placed on hold * Internal buyer is contacted to establish whether this is an internal and external query * If it is an internal query an email confirmation is requested to allow accounts to release the invoice for payment * If it is an external query the supplier is contacted by email with the issue and asked to respond within 7 days * If a response is not received a line manager will be notified and asked to also send an email * An invoice will remain on hold and unpaid until such time the query is resolved
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
