BEAVERBROOKS THE JEWELLERS LTD
Company number: 00321773
Reporting period:
2 September 2025 to 28 February 2026
Report filed on:
30 March 2026
Approved by:
Anna Blackburn
Payment statistics
Average time taken to pay invoices: 42 days
Total value paid:
- within 30 days: £55,711,469 (55%)
- in 31 to 60 days: £27,251,620 (27%)
- in 61 days or more: £17,747,920 (18%)
Invoices paid:
- within 30 days: 43%
- in 31 to 60 days: 47%
- in 61 days or more: 10%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £5,348,891
- payments due in the reporting period which have not been paid within the agreed period: 14%
- not made in the reporting period due to a dispute: 1%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
90 days
Standard payment terms
Standard payment terms vary significantly across the business depending on the type and nationality of the supplier. Our payment terms range between 7 and 90 days.
We try to use local suppliers where possible. 51% of our invoices were paid using end of month plus 30 days terms, with our next highest group being 32% of our total being paid at 30 days terms.
Were there any changes to the standard payment terms in the reporting period?
We are permitted extended terms with several stock suppliers during the Christmas season which can extend our standard terms. This has increased our average time to pay from 38 days, during normal trading periods, to 42 days during this period. Increasing the percentage of invoices paid in the 31 to 60 days payment terms category from 29% to 47% reducing our within 30 days terms from 63% to 43%.
Were suppliers notified or consulted about these changes before they were made?
Extensive discussions and negotiations with regard to order quantities and payment terms are held with key suppliers during the Christmas planning period. Extended payment terms for our Christmas orders are agreed during these discussions and negotiations.
Maximum contractual payment period agreed
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Relationships with suppliers are held by individual senior managers throughout the business. Should a supplier complaint arise, this will be considered in the first instance by the senior manager of the relevant department. In the unlikely event that this does not satisfactorily resolve the issue, the matter would escalate to the Managing Director.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No