| 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 Aug 2024 - 28 Feb 2025 | 31 Mar 2025 | 70 | 13% | 33% | 54% | 41% |
| 01 Sept 2023 - 29 Feb 2024 | 28 Mar 2024 | 73 | 26% | 37% | 37% | 22% |
| 01 Sept 2022 - 28 Feb 2023 | 24 Mar 2023 | 69 | 27% | 40% | 33% | 22% |
| 01 Mar 2022 - 31 Aug 2022 | 13 Sept 2022 | 70 | 24% | 42% | 34% | 23% |
| 01 Sept 2021 - 28 Feb 2022 | 30 Mar 2022 | 75 | 19% | 41% | 40% | 25% |
| 01 Mar 2021 - 31 Aug 2021 | 20 Sept 2021 | 75 | 18% | 40% | 42% | 22% |
| 01 Sept 2020 - 28 Feb 2021 | 29 Mar 2021 | 73 | 14% | 37% | 49% | 31% |
| 01 Mar 2020 - 31 Aug 2020 | 28 Sept 2020 | 81 | 14% | 40% | 46% | 31% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 83 | 17% | 37% | 46% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Raw material standard terms are 90 days from month of invoice. Excluding raw material purchases, the company's normal standard terms of purchase are 60 days from month of invoice.
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
150
No formal dispute resolution process. However, any complaints from suppliers are passed to the Company Secretary for resolution.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
John Cotton Group Limited is a British company that specializes in bedding and home textile products. The company was founded in 1916 and has a long history of providing high-quality products to customers.
The company's sustainability program is a key focus, with a commitment to reducing its environmental impact. They have implemented sustainable practices in their production processes, such as using recycled materials and reducing waste. They also have a strong focus on ethical sourcing, ensuring that their products are made in safe and fair working conditions.
John Cotton Group Limited offers a wide range of bedding and home textile products, including duvets, pillows, and mattress protectors. These products are designed to provide comfort and support, while also being durable and long-lasting.
The key people at John Cotton Group Limited include the CEO, John Cotton, who leads the company with a strong vision and commitment to sustainability. The company also has a team of experienced designers and product developers who continuously work to create innovative and high-quality products.
Contact information for John Cotton Group Limited can be found on their website, which also includes their registered office address. The website is user-friendly and provides detailed information about their products, sustainability efforts, and company history.
In summary, John Cotton Group Limited is a British company with a long history of providing high-quality bedding and home textile products. They have a strong commitment to sustainability and ethical sourcing, and their products are designed to provide comfort and support. With a passionate team and a user-friendly website, the company continues to thrive in the industry.