WM MORRISON SUPERMARKETS LIMITED

PaymentCheck Score 2025
47Poor
2.2vs last year
#3797 in UK
#138 in Commerce Models
#183 in Yorkshire and The Humber

Company Information

Company Number
00358949
Registered Address
Hilmore House, Gain Lane, Bradford, West Yorkshire, BD3 7DL
Status
Active
Employee Count
101,138
Turnover
£17,018,000,000
EBITDA
£3,535,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 January 1940
Nature of Business
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
Industries
Commerce Models, Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
48 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
18%
31-60 Days
47%
After 60 Days
35%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
28 Oct 2024 - 27 Apr 202522 May 20255011%58%31%0%
30 Oct 2023 - 28 Apr 202424 May 20244819%43%38%0%
01 May 2023 - 29 Oct 202328 Nov 20235017%43%39%0%
31 Oct 2022 - 30 Apr 202331 May 20234331%48%21%1%
02 May 2022 - 30 Oct 202228 Feb 20234331%49%20%1%
01 Aug 2021 - 30 Jan 202201 Mar 20224432%48%20%0%
01 Feb 2021 - 01 Aug 202120 Aug 20214333%46%21%0%
03 Aug 2020 - 31 Jan 202124 Feb 20214135%46%19%0%
03 Feb 2020 - 02 Aug 202028 Aug 20204332%46%22%0%
05 Aug 2019 - 02 Feb 202013 Mar 20204725%51%25%0%
06 Aug 2018 - 03 Feb 201901 Mar 20194822%52%26%0%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Wm Morrison Supermarkets Limited has standard payment terms of 14 days for small suppliers (defined as having sales to Morrisons of less than £100k and submitting invoices electronically), and for all other suppliers standard payment terms are 30 or 60 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Average days to pay have been calculated on the basis of when cleared funds are received by the supplier in accordance with guidance from the Department for Business, Energy & Industry Strategy . Under our standard terms payment date is when the payment is processed. Morrisons makes a Supply Chain Finance solution available to its suppliers which allows them to receive payments ahead of their standard payment terms.

Maximum contractual payment period agreed

90

Dispute Resolution Process

If a supplier has a query regarding an invoice or payment it will be handled by our dedicated Accounts Payable help desk through both freephone telephone and email. Details of which are available on our website. Once it is logged, there is a formal resolution and escalation process in place.

Other Payment Information

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.

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.

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.

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

Company Summary

WM MORRISON SUPERMARKETS LIMITED is a British supermarket chain founded in 1899 and headquartered in Bradford, England. The company operates over 500 stores across the UK, offering a wide range of food and non-food products to its customers.

One of the key focuses of WM MORRISON SUPERMARKETS LIMITED is sustainability. The company has a strong commitment to reducing its environmental impact and has implemented various initiatives to achieve this goal. This includes reducing food waste, using renewable energy, and promoting sustainable packaging.

In terms of products and services, WM MORRISON SUPERMARKETS LIMITED offers a wide range of fresh produce, groceries, household items, and clothing. Additionally, the company also provides online shopping and home delivery services for the convenience of its customers.

The key people at WM MORRISON SUPERMARKETS LIMITED include CEO David Potts and Chairman Andrew Higginson. Both are experienced leaders in the retail industry and are committed to driving the company's success.

For any inquiries or concerns, customers can contact WM MORRISON SUPERMARKETS LIMITED through their website or by visiting their registered office address at Hilmore House, Gain Lane, Bradford, BD3 7DL. The company's website also provides information on its sustainability program and updates on its latest products and services.

Financial Metrics

Cash
£279,000,000
Net Worth
£3,285,000,000
Total Current Assets
£1,608,000,000
Total Current Liabilities
£4,427,000,000

Company Location