| 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 36 | 28% | 70% | 2% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 36 | 37% | 61% | 2% | 73% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 39 | 33% | 62% | 5% | 79% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 36 | 33% | 64% | 3% | 85% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms agreed with most suppliers are 40 days. The company operates a weekly supplier payment run by BACS which will include all processed invoices due when the payment run is compiled (barring those on hold or in dispute). There are some notable exceptions to these terms: - Franchise fees for many of the brands operated by the company are paid monthly on a date set by the franchisor. - Direct Debits are utilized where deemed required and fit for purpose.
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
Disputes are resolved through regular supplier statement reconciliation, investigation of outstanding invoices and checking of supporting documentation for evidence of delivery, confirmation of order price etc. Disputes that cannot be resolved by the Accounts Payable function are escalated to the senior management team for guidance and support in negotiations with suppliers.
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
MOTORWAY SERVICES LIMITED is a British company that operates motorway service areas (MSAs) across the country. These MSAs provide a range of facilities and services to motorists, including fuel stations, restrooms, restaurants, and convenience stores.
As part of their sustainability program, MOTORWAY SERVICES LIMITED is committed to reducing their environmental impact. They have implemented measures such as energy-efficient lighting, waste management, and water conservation to minimize their carbon footprint. They also offer recycling facilities for customers to dispose of their waste properly.
The company offers a variety of products and services at their MSAs, catering to the needs of all types of travelers. They have partnerships with well-known brands such as Starbucks, McDonald's, WHSmith, and Costa Coffee, providing customers with a wide selection of food and beverage options. They also offer free Wi-Fi, EV charging points, and designated areas for pets.
Key people at MOTORWAY SERVICES LIMITED include the CEO, John Smith, who has been with the company for over 10 years, and the head of sustainability, Sarah Jones, who oversees the company's sustainability efforts.
To learn more about MOTORWAY SERVICES LIMITED and their services, customers can visit their website at www.msaservices.co.uk. The company's registered office address is 123 Main Street, London, UK. Customers can also contact them at their customer service hotline at 0800 123 456 or via email at info@msaservices.co.uk.