| 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.
❌
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 British company that specializes in producing and distributing high-quality, premium beverages. Founded in 1946, the company has a long history of providing customers with innovative and sustainable products.
The company's sustainability program is centered around their commitment to reducing their environmental impact. They have implemented various initiatives such as using renewable energy sources, reducing packaging waste, and promoting recycling. MERRYDOWN PLC also works closely with local communities to support environmental conservation projects.
Their main product is Merrydown Cider, which is made from a unique blend of apples and has been a popular choice among consumers for over 70 years. The company also offers a range of other alcoholic and non-alcoholic products, including premium mixers and soft drinks.
The key people at MERRYDOWN PLC include the Chairman, Andrew Higginson, and the Chief Executive Officer, Laurence Watts. Both have extensive experience in the food and beverage industry and are committed to driving the company's growth and sustainability efforts.
Customers can contact MERRYDOWN PLC through their website, which also provides information on their products, sustainability initiatives, and company news. The company's registered office address is in Horsham, West Sussex, making it easily accessible for any inquiries or business partnerships.
In conclusion, MERRYDOWN PLC is a leading British company in the beverage industry, known for their commitment to sustainability and high-quality products. With their experienced leadership and dedication to environmental responsibility, they continue to thrive in the market and serve their customers with innovative and sustainable options.