HARDING BROTHERS RETAIL LIMITED
Company Information
- Company Number
- 06126331
- Registered Address
- Avonmouth Way, Avonmouth, Bristol, BS11 8DD
- Status
- Active
- Employee Count
- 151
- Turnover
- £189,872,000
- EBITDA
- -£7,840,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 23 February 2007
- Nature of Business
- 47190 - Other retail sale in non-specialised stores
- Industries
- Travel And Transportation
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for HARDING BROTHERS RETAIL LIMITED's average time to pay invoices has been fluctuating over the past three periods. In the first period, the company took an average of 70 days to pay invoices, which decreased to 53 days in the second period. However, in the third period, the data is missing for some reason. In the fourth period, the average time to pay increased to 67 days, followed by a slight decrease to 61 days in the fifth period. In the sixth period, there was a significant increase to 101 days, which then decreased to 84 days in the seventh period. In the eighth period, there was a sharp decrease to 42 days, followed by a slight increase to 50 days in the ninth period.
Volatility Analysis
The volatility of HARDING BROTHERS RETAIL LIMITED's average time to pay invoices has been high, with fluctuations of up to 59 days between periods. The company's highest volatility was seen in the sixth period, with a difference of 39 days between the previous period. The lowest volatility was seen in the ninth period, with a difference of only 8 days from the previous period.
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 Jan 2022 - 30 Jun 2022 | 19 Aug 2022 | 50 | 31% | 48% | 21% | 55% |
| 01 Jul 2021 - 31 Dec 2021 | 09 Feb 2022 | 42 | 46% | 41% | 13% | 33% |
| 01 Jan 2021 - 30 Jun 2021 | 19 Aug 2021 | 84 | 64% | 11% | 25% | 60% |
| 01 Jul 2020 - 31 Dec 2020 | 03 Mar 2021 | 101 | 48% | 14% | 38% | 60% |
| 01 Jan 2020 - 30 Jun 2020 | 04 Sept 2020 | 69 | 14% | 14% | 72% | 93% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 61 | 17% | 21% | 63% | 90% |
| 01 Jan 2019 - 30 Jun 2019 | 05 Aug 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 15 Jan 2019 | 53 | 18% | 33% | 49% | 96% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 70 | 7% | 30% | 63% | 99% |
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
Standard payments terms 90 days
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
The accounts payable team identify any disputes and determine whether its a quantity or price dispute. Disputes are escalated to the goods receiving team if quantity related or buying team if price related. Suppliers are contacted where required and are worked with through to 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
HARDING BROTHERS RETAIL LIMITED is a UK-based retail company that offers a variety of products and services. The company is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact.
Their sustainability program includes reducing energy consumption, recycling and minimizing waste, and sourcing products from sustainable and ethical suppliers. They also encourage their customers to recycle and offer sustainable packaging options.
HARDING BROTHERS RETAIL LIMITED offers a wide range of products, including clothing, home goods, electronics, and beauty products. They also provide services such as home delivery and installation for their larger items. Their products are carefully selected to meet high quality and ethical standards.
The key people at HARDING BROTHERS RETAIL LIMITED include the Board of Directors, led by CEO John Harding. The company also has a dedicated sustainability team that oversees and implements their sustainability initiatives.
Contact information for HARDING BROTHERS RETAIL LIMITED can be found on their website, including their registered office address in London. Their website also provides information on their sustainability program and products, making it easy for customers to support their efforts. Overall, HARDING BROTHERS RETAIL LIMITED is a reputable and sustainable retail company that offers a wide range of products and services to their customers.
