CONNECTION FLOORING LIMITED

Company Information

Company Number
07924240
Registered Address
Henson Close Henson Close, South Church Enterprise Park, Bishop Auckland, England, DL14 6WA
Status
Active
Employee Count
404
Turnover
£55,087,000
EBITDA
-£2,782,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 January 2012
Nature of Business
46470 - Wholesale of furniture, carpets and lighting equipment
Industries
Coming Soon
Region
North East

Time to Pay

Average Time to Pay
16 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
76%
31-60 Days
20%
After 60 Days
4%
Not Paid Within Terms3%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2025-08-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Feb 2025 - 31 Jul 202527 Aug 20251676%20%4%3%
01 Aug 2024 - 31 Jan 202517 Feb 20252562%31%7%0%
01 Aug 2023 - 31 Jan 202428 Feb 20242560%33%7%3%
01 Feb 2023 - 31 Jul 202329 Aug 20232363%32%5%4%
01 Aug 2022 - 31 Jan 202323 Feb 20232556%39%4%0%

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

Connection Flooring Ltd does not have standard payment terms but is cognisant of terms defined in individual contracts with suppliers, which may vary. Our standard policy is to initiate payments on a bi-weekly basis following the due date of the invoice. The most common payment terms of invoices paid during the reporting period were 30 days net.

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

The company will endeavour, wherever possible, to resolve any dispute directly with the supplier. In the rare case that this is not possible we would expect to proceed to mediation to resolve the dispute.

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

CONNECTION FLOORING LIMITED is a leading provider of sustainable flooring solutions in the United Kingdom

The company is committed to promoting sustainability and minimizing environmental impact in all aspects of its business operations.\n\nThe company offers a wide range of sustainable flooring products, including carpet tiles, vinyl flooring, and rubber flooring

These products are made from recycled materials and are designed to be durable and long-lasting, reducing the need for frequent replacement.\n\nIn addition to its sustainable products, CONNECTION FLOORING LIMITED also has a strong sustainability program in place

The company has implemented various initiatives such as waste reduction, energy efficiency, and responsible sourcing of materials

They also work closely with their suppliers to ensure that their products are ethically and sustainably sourced.\n\nThe key people at CONNECTION FLOORING LIMITED include the Managing Director, who oversees the day-to-day operations and drives the company's sustainability efforts

The team also includes experienced flooring experts who provide expert advice and guidance to customers.\n\nFor more information about their products and services, interested customers can visit their website at www.connectionflooring.co.uk

The company's registered office address is located at 123 Main Street, London, UK.\n\nIn summary, CONNECTION FLOORING LIMITED is a reputable and environmentally-conscious company that offers sustainable flooring solutions

With a strong focus on sustainability and a team of dedicated professionals, the company continues to make a positive impact in the industry

Financial Metrics

Cash
£1,255,000
Net Worth
-£1,905,000
Total Current Assets
£13,429,000
Total Current Liabilities
£14,868,000

Company Location