| 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 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | 55 | 12% | 67% | 21% | 46% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 48 | 11% | 76% | 13% | 50% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 44 | 15% | 74% | 12% | 50% |
| 30 Dec 2017 - 29 Jun 2018 | 30 Jul 2018 | 77 | 8% | 54% | 38% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Depending on commercial agreement standard terms range from end of following month to end of second month following.
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
60
Phone call conversations to agree items in dispute.
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.
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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
Merrydown Plc is a historic English cider producer, established in 1946 in Sussex. It makes Merrydown Original Vintage Apple Cider using hand-picked eating apples from West Country orchards, without artificial colours, flavourings or sweeteners. The cider is double-filtered and sold in 750ml bottles, gluten free and suitable for vegans and vegetarians. The company's own site sells the product directly with home delivery. Its registered office is in Gloucester. The business remains true to its original recipe created by three friends who turned a wine-making hobby into a commercial cider operation, growing production significantly within a decade of founding.
Generated from the company's website and Companies House records. Sources: merrydown.co.uk