| 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 Jul 2025 - 31 Dec 2025 | 30 Jan 2026 | 46 | 33% | 49% | 18% | 25% |
| 01 Jan 2025 - 30 Jun 2025 | 08 Aug 2025 | 43 | 33% | 49% | 18% | 23% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Aug 2024 | 49 | 25% | 55% | 20% | 20% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 45 | 39% | 47% | 15% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Aug 2023 | 44 | 39% | 45% | 16% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 45 | 37% | 47% | 16% | 14% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Aug 2022 | 46 | 28% | 50% | 22% | 32% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 47 | 37% | 45% | 18% | 49% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 51 | 25% | 49% | 26% | 55% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 52 | 27% | 47% | 26% | 58% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 60 | 22% | 40% | 38% | 49% |
| 01 Jul 2019 - 31 Dec 2019 | 10 Feb 2020 | 53 | 16% | 69% | 15% | 36% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 41 | 25% | 62% | 14% | 29% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
A standard payment term does not exist across our supplier base due to the long-standing relationships that we have with our suppliers. The majority of terms are 28th of the month following date of invoice, with a number of suppliers providing settlement discount within their terms which can often shortern the standard terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We do not have standard terms with suppliers. Any changes to payment terms are individually negotiated and agreed with suppliers.
Maximum contractual payment period agreed
90
We aim to resolve all disputes promptly and will normally do so by raising a debit note for any disputed amount to the supplier detailing the query, followed by contacting suppliers directly. The non-disputed part of the invoice is paid within terms. Invoice disputes are first directed through the accounts payable team who will log the issue and contact the supplier to resolve the dispute, with assistance as required from the relevant branch manager.
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
Tradechoice Distribution Limited trades as TradeChoice Carpet & Flooring. It distributes floor coverings, including carpet, luxury vinyl tile, broadloom, vinyl, laminate and carpet tiles, alongside screeds, adhesives, underlay and flooring tools and accessories. The company supplies flooring contractors and retailers across the UK, operating branches nationwide plus a national distribution centre in the Midlands, with next-day delivery available. It sources products from major European flooring manufacturers rather than manufacturing them itself, and has been named Contract Flooring Journal Distributor of the Year for nine consecutive years. The company was incorporated in 2016 and remains active, registered in Essex.
Generated from the company's website and Companies House records. Sources: tradechoice.com · tradechoice.com · tradechoice.com