| 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 | 06 Jan 2020 | 68 | 4% | 32% | 66% | 97% |
| 01 Oct 2018 - 31 Mar 2019 | 10 Jun 2019 | 66 | 7% | 35% | 58% | 67% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 68 | 5% | 32% | 64% | 89% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 61 | 8% | 43% | 49% | 74% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days end of month of invoice
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
85
Montracon has a dedicated Purchase Ledger team available to answer queries by phone or email Monday to Friday 8.30am to 5pm. Disputes will be passed to the relevant department for query and resolved as soon as possible thereafter.
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
Montracon Limited is a UK trailer manufacturer based in Doncaster, incorporated in 1963 and trading since as Montracon. It designs and builds semi-trailers including curtainsiders, box vans, flatbeds, skeletals, machinery carriers and rigid fridge trailers, working from bare steel through fabrication, painting, wiring and body build in-house at its own factory. The company also supplies OEM and aftermarket trailer parts and provides warranty and aftersales support. It states that all its trailers are manufactured entirely in the UK and describes itself as a one stop shop covering planning, production and aftercare. It sells new trailers rather than used ones, with some new stock held for immediate purchase.
Generated from the company's website and Companies House records. Sources: montracon.com · montracon.com