Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 |
|---|---|---|---|---|---|---|
| 31 Dec 2023 - 29 Jun 2024 | 19 Jun 2025 | 45 | 39% | 50% | 11% | 23% |
| 02 Jul 2023 - 30 Dec 2023 | 19 Jun 2025 | 36 | 52% | 32% | 16% | 27% |
| 01 Jan 2023 - 01 Jul 2023 | 19 Jun 2025 | 48 | 41% | 38% | 21% | 36% |
| 03 Jul 2022 - 31 Dec 2022 | 27 Jul 2023 | 45 | 60% | 24% | 16% | 31% |
| 02 Jan 2022 - 02 Jul 2022 | 27 Jul 2022 | 54 | 31% | 37% | 32% | 49% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days from date of invoice but we have various payment terms
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
130
We would contact suppliers direct and raise any issues with them, advising that the invoice is on hold until we resolve the issue
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
Muntons plc is a manufacturer of malt, registered under number 00176992 with its registered office at Cedars Maltings, Stowmarket, Suffolk. Companies House records the company's nature of business as manufacture of malt (SIC 11060). The company was previously known as Munton & Fison Public Limited Company, Munton & Fison Limited, Muntona Limited and Munton & Baker (Bedford) Limited before adopting its current name. It has been incorporated since 1921 and remains an active public limited company. Its core activity is the production of malted ingredients used in food and drink processing, placing it within the food and drink manufacturing sector rather than as a mere distributor of third-party goods.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk