---
title: "LIKEWISE FLOORS LIMITED - Payment Practices"
date: 2026-01-30
url: https://paymentcheck.co.uk/company-search/03220392/likewise-floors-limited
description: "View payment practices for LIKEWISE FLOORS LIMITED. Average time to pay: 63 days."
---

# LIKEWISE FLOORS LIMITED

## Company Information

- **Company Number:** 03220392
- **Status:** Active
- **Company Type:** Private limited Company
- **Incorporated:** 4 July 1996
- **Registered Address:** C/O Likewise Group Plc Unit 4 Radial Park, Radial Way, Birmingham Business Park, Solihull, Birmingham, United Kingdom, B37 7WN
- **Industry:** Supply Chain
- **Region:** Other

## Payment Statistics

- **Average Time to Pay:** 63 days
- **Invoices Paid Within 30 Days:** 19%
- **Invoices Paid Between 31-60 Days:** 23%
- **Invoices Paid Later Than 60 Days:** 58%
- **Invoices Not Paid Within Agreed Terms:** 6%

## Payment Terms

- **Standard Payment Terms:** Given the large diverse supplier base, no single standard payment term arrangements exist, with each negotiated individually with the supplier with whom the Group has long-standing relationships. For the majority of suppliers, payments are typically made by the end of the second or third month from date of invoice with settlement discount available where compliant. Overhead suppliers, are typically paid on standard terms of end of first or second month payment runs (i.e. 30 - 60 days). Amendments to terms are agreed between both parties periodically.
- **Shortest Payment Period:** 1 days
- **Longest Payment Period:** 135 days
- **Maximum Contractual Period:** 135 days

## Payment Practices

- **Payment Terms Changed:** Not available
- **Suppliers Notified of Changes:** Not available
- **E-Invoicing Offered:** True
- **Supply Chain Financing Offered:** False
- **Participates in Payment Codes:** No

## Dispute Resolution

When discrepancies arise in stock purchases—whether related to quantity or price—the system's auto-matching process will fail, triggering the need for manual invoice review. Once the issue is identified, a debit note is generated in the system and sent to the supplier, outlining the nature of the dispute. If the supplier acknowledges the error, they issue a credit note, which is then matched to the original debit note in the system. This matching process enables the invoice to be adjusted and approved. Once authorised, the invoice is scheduled for payment in the next payment run.
For overhead invoices, approval is granted by the relevant purchasing manager based on an existing contract, order or quotation. If discrepancies are identified, they are communicated to the supplier. A credit note may be issued to address any differences, or the purchasing manager may approve the invoice for payment as-is.

## Summary

Likewise Floors Limited is a private limited company operating within the flooring industry in the United Kingdom. As indicated by its name and its association with Likewise Group Plc, the company forms part of a wider corporate group with a focus on flooring products and related services.

The company was incorporated on 4 July 1996 and is registered in the United Kingdom under company number 03220392. Its registered office is located care of Likewise Group Plc at Unit 4 Radial Park, Radial Way, Birmingham Business Park, Solihull, Birmingham, B37 7WN. The company holds an active status, reflecting its continued operation since incorporation.

Flooring companies of this type in the UK market typically supply, distribute, and retail a broad range of floor coverings, including carpet, luxury vinyl tile, laminate, hardwood, and commercial flooring solutions. Such businesses serve both residential and commercial customers, providing products suited to a wide variety of interior environments and specifications.

With nearly three decades of trading history, Likewise Floors Limited represents an established presence within the UK flooring sector. Its association with Likewise Group Plc positions it within a structured corporate framework serving the broader flooring and distribution market.

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*Data sourced from official UK government payment practices reports. Last updated: 2026-01-30*