| 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 2019 - 28 Jun 2019 | 16 Jul 2019 | 43 | 14% | 71% | 14% | 100% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jul 2019 | 36 | 47% | 37% | 16% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
0-7 Days terms for employees, advance payments and small suppliers 14-45 Day agreed terms for raw material suppliers and other items used in manufacturing process
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
45
All disputes are challenged immediately in order to reduce impact on payments.
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
Whitemeadow Group Holdings Limited is a holding company registered at the Nottinghamshire site of Whitemeadow Furniture Limited, part of the Whitemeadow group. The group designs, develops and manufactures upholstered furniture, principally sofas, operating from four production sites and supplying high-street and independent retailers across the UK. Its own site describes the group as the UK's largest independently owned sofa and upholstery manufacturer, with in-house design and development teams and a history dating back over thirty years. The group also runs a branded furniture division bringing licensed brands to market. This entity itself functions as a holding company within that manufacturing group rather than as an operating or retail business.
Generated from the company's website and Companies House records. Sources: whitemeadow.com · whitemeadow.com