MOSS BROS GROUP LIMITED exhibits a generally positive payment trend with an average payment time of 25 days, indicating timely processing for most invoices. While 65% of payments are completed within 30 days, a significant 35% extend beyond this period, with 8% taking over 60 days. This trajectory suggests a dual pattern: a good average but a consistent tail of delayed payments for a substantial minority of transactions.
The 15% late payment rate, combined with 35% of invoices exceeding 30 days and 8% going beyond 60 days, introduces a moderate level of payment volatility. This spread implies that while many payments are reliable, there's an appreciable risk of delayed cash flow for a significant portion of invoices. Suppliers should anticipate some unpredictability in payment schedules, especially for a notable minority of transactions.
MOSS BROS GROUP LIMITED presents a generally acceptable payment profile due to its 25-day average, but suppliers must acknowledge the moderate risk of delayed payments for up to 35% of invoices. Key decision factors include the potential impact on cash flow from the 15% late payments and the 8% extending beyond 60 days. Suppliers should consider implementing shorter payment terms, active invoice monitoring, or credit insurance for larger transactions to mitigate these identified risks.
| 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 |
|---|---|---|---|---|---|---|
| 28 Jul 2019 - 25 Jan 2020 | 20 Feb 2020 | 25 | 65% | 27% | 8% | 15% |
| 26 Jan 2019 - 27 Jul 2019 | 01 Nov 2019 | 25 | 69% | 24% | 8% | 17% |
| 28 Jul 2018 - 26 Jan 2019 | 30 May 2019 | 26 | 72% | 20% | 8% | 16% |
| 27 Jan 2018 - 27 Jul 2018 | 30 May 2019 | 29 | 62% | 29% | 9% | 16% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms for overheads is 30 days. These are agreed with suppliers as part of the acceptance to work with them. Stock purchases are 60 days for overseas and 30 days for Uk suppliers.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/a
Maximum contractual payment period agreed
60
Any complaints are directed to a group Accounts Payable e-mail for the team to resolve.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
MOSS BROS GROUP LIMITED is an active private limited company. Its designation as a 'Group' company typically indicates it functions as a holding company or an umbrella entity, overseeing a portfolio of related business operations.
The company holds company number 00134995 and maintains its registered office at 128 Albert Street, London, England, NW1 7NE. It was incorporated on 1 April 1914, establishing its long-standing presence in London.
Typical services provided by 'Group' companies in the UK market often include strategic management, financial oversight, and administrative support for their constituent businesses. They may also handle shared services, brand intellectual property, and investment management across their operational portfolio.