| 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 Apr 2019 - 30 Sept 2019 | 10 Oct 2019 | 29 | 48% | 52% | 0% | 12% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days following the end of the month of the invoice date. However, there are other non-standard supplier payment terms agreed with individual suplliers.
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
61
For all queried invoices, the main point of contact is the accounts team who will follow internal processes to deal with the query. Disputes are referred to the appropriate personnel.
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
C.G.Murray & Son Limited is a private limited company incorporated in 1960, registered in Worsley, Manchester. Its registered activities are dispensing chemist services and the retail sale of cosmetic and toilet articles in specialised stores. Companies House filing history shows historic charges secured against numerous pharmacy premises across the West Midlands, Worcestershire and Shropshire, indicating the company has operated a group of retail pharmacy outlets. All recorded charges have since been satisfied. The company remains active, with accounts and confirmation statements filed up to date. No further description of trading operations, ownership structure or products beyond pharmacy and toiletries retail is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk