| 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 |
|---|---|---|---|---|---|---|
| 04 Feb 2019 - 03 Aug 2019 | 28 Nov 2019 | 43 | 33% | 55% | 12% | 0% |
| 04 Aug 2018 - 03 Feb 2019 | 28 Nov 2019 | 44 | 32% | 56% | 12% | 0% |
| 04 Feb 2018 - 03 Aug 2018 | 24 Aug 2018 | 46 | 32% | 56% | 12% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard terms are 30 days end of month, however for our larger suppliers we agree to their standard terms as these tend to be more beneficial.
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
90
Any amounts in dispute are held from payment until the dispute is resolved. We do not hold the whole invoice, only the amount in dispute.
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
Silentnight Holdings Limited is a holding company registered in Barnoldswick, Lancashire, and was originally incorporated as H.I.G. Snooze Holdco I Limited before being renamed. It sits within the Silentnight corporate group, controlled by The Sleep Group Limited, and holds Silentnight Group Limited as a subsidiary. The wider group trades as Silentnight, manufacturing and selling beds, mattresses and bedding, and describes itself as the UK's most trusted sleep brand with over 75 years of experience. The registered entity itself does not appear to trade directly but functions as an intermediate holding vehicle within this manufacturing group, filing consolidated group accounts and holding charges registered against it.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · companiesintheuk.co.uk