Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
The data shows a gradual decrease in the average time taken for CAVAGHAN & GRAY LIMITED to pay invoices to suppliers from 2017 to 2023. This indicates an improvement in the company's efficiency in managing their payments over time.
The percentage of invoices paid within 30 days has remained relatively stable, with a slight increase from 19% in 2017 to 34% in 2023. However, there has been a significant decrease in the percentage of invoices paid between 31 and 60 days, from 14% in 2017 to 31% in 2023. This shows a trend towards earlier payments by the company. The percentage of invoices paid later than 60 days has also decreased, from 67% in 2017 to 35% in 2023. This indicates that the company has been making efforts to pay their invoices on time.
| 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 Aug 2025 - 31 Jan 2026 | 09 Mar 2026 | 56 | 32% | 25% | 43% | 29% |
| 01 Feb 2025 - 31 Jul 2025 | 05 Sept 2025 | 51 | 38% | 26% | 36% | 74% |
| 01 Aug 2024 - 31 Jan 2025 | 21 Feb 2025 | 52 | 34% | 29% | 37% | 66% |
| 01 Feb 2024 - 31 Jul 2024 | 02 Sept 2024 | 52 | 36% | 27% | 37% | 72% |
| 01 Aug 2023 - 31 Jan 2024 | 27 Feb 2024 | 54 | 32% | 28% | 40% | 70% |
| 01 Feb 2023 - 31 Jul 2023 | 08 Sept 2023 | 51 | 34% | 31% | 35% | 72% |
| 01 Aug 2022 - 31 Jan 2023 | 08 Sept 2023 | 54 | 34% | 27% | 39% | 74% |
| 01 Feb 2022 - 31 Jul 2022 | 13 Sept 2022 | 53 | 33% | 26% | 41% | 71% |
| 01 Aug 2021 - 31 Jan 2022 | 03 Mar 2022 | 54 | 34% | 21% | 46% | 67% |
| 01 Feb 2021 - 31 Jul 2021 | 31 Aug 2021 | 56 | 32% | 20% | 48% | 66% |
| 01 Aug 2020 - 31 Jan 2021 | 01 Mar 2021 | 56 | 30% | 21% | 49% | 68% |
| 01 Feb 2020 - 31 Jul 2020 | 24 Sept 2020 | 60 | 28% | 21% | 51% | 72% |
| 01 Aug 2019 - 31 Jan 2020 | 27 Feb 2020 | 53 | 32% | 24% | 43% | 70% |
| 01 Feb 2019 - 31 Jul 2019 | 22 Aug 2019 | 57 | 34% | 14% | 51% | 75% |
| 01 Aug 2018 - 31 Jan 2019 | 25 Feb 2019 | 62 | 25% | 19% | 57% | 80% |
| 01 Feb 2018 - 31 Jul 2018 | 29 Aug 2018 | 69 | 24% | 16% | 60% | 85% |
| 01 Aug 2017 - 31 Jan 2018 | 27 Feb 2018 | 74 | 19% | 14% | 67% | 81% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We shall pay the price of the goods and the services on our first working day following the end of the third month following receipt of a correctly constituted VAT invoice or, if later, upon our acceptance of the goods or services in question.
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
120
Invoices are matched on receipt and disputed invoices notified to the supplier. Disputes are managed directly between the supplier and site and resolved items are then reprocessed.
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
Cavaghan & Gray Limited is a long-established Wakefield-registered company, incorporated in 1919, operating within the food processing and manufacturing sector. Its registered activities cover growing vegetables and root crops, processing and preserving fish and seafood, processing fruit and vegetables, and manufacturing prepared meals and dishes. Companies House filings show it as a subsidiary, filing audit-exempt accounts alongside a parent company guarantee and consolidated group accounts, indicating it operates as part of a wider corporate group rather than as a standalone trading entity. No further detail on branding, products or customers is available from the evidence provided.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk