WILKINSON HARDWARE STORES, LIMITED

Company Information

Company Number
08856837
Registered Address
8th Floor, Central Square, 29 Wellington Street, Leeds, West Yorkshire, LS1 4DL
Status
In Administration
Employee Count
14,685
Turnover
£1,317,876,000
EBITDA
£4,131,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 January 2014
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
30 days
Shortest Period:45 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
57%
31-60 Days
40%
After 60 Days
3%
Not Paid Within Terms14%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-02-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
04 Aug 2018 - 02 Feb 201928 Feb 20193057%40%3%14%

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 terms are 45 and 60 days but payment varies from immediate payment through to 60 days. Previous submission quoted 0 days for the shortest term, which was correct in a unique case. However wilko shortest standard terms are 45 days. This has not changed since the previous submission.

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

60

Dispute Resolution Process

Wilko finance team review supplier statement reconciliations to work through any disputes. These are reported to our buying and finance management teams with the aim of resolving payment queries as quickly as possible. Suppliers with disputes should contact the finance department by telephone on 01909 505505 or by post at: Finance Department, J K House, Roebuck Way, Manton Wood, Worksop, Notts, S80 3EG. Wilko precedent contracts for goods and services contain dispute resolution clauses. Where wilko contracts on supplier terms, wilko seeks to include dispute resolution clauses - and these are generally accepted as they are beneficial to both parties.

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

WILKINSON HARDWARE STORES, LIMITED is a British company that specializes in providing hardware and home improvement products and services. Founded in 1930, the company has a strong commitment to sustainability and offers a wide range of eco-friendly products.

Their sustainability program focuses on reducing their environmental impact and promoting sustainable practices. This includes initiatives such as using renewable energy sources, reducing waste and promoting recycling. The company also works closely with their suppliers to ensure responsible sourcing of materials.

WILKINSON HARDWARE STORES, LIMITED offers a variety of products, including tools, DIY supplies, gardening equipment, home decor, and kitchenware. They also offer installation services for products such as windows, doors, and flooring. Their products are of high quality and competitively priced.

The key people of the company include Chairman Karin Swann and CEO Ian Topping, who have a strong vision for the company's growth and sustainability. They are supported by a dedicated team of employees who strive to provide excellent customer service.

The company's website (www.wilko.com) offers a convenient online shopping experience, with delivery and click-and-collect options. Customers can also visit any of their 400+ stores across the UK for a wide range of products and services.

The registered office address of WILKINSON HARDWARE STORES, LIMITED is located at JK House, Roebuck Way, Manton Wood, Worksop, Nottinghamshire, S80 3EG. The company is committed to providing sustainable solutions for its customers while also being a responsible corporate citizen.

Financial Metrics

Cash
£58,726,000
Net Worth
£92,966,000
Total Current Assets
£284,214,000
Total Current Liabilities
£226,483,000

Company Location