| 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 Mar 2019 - 31 Aug 2019 | 27 Sept 2019 | 37 | 38% | 58% | 4% | 2% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days at the end of the month 60 days at the end of the month 30 days at date of invoice Depending on agreed contract Terms may vary in accordance with individual agreements with suppliers
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
90
J & J Ormerod Plc payment disputes are initially reported to the supplier contact, where they will provide evidence of the dispute and will escalate to their line managers until the dispute is resolved. Purchase ledger will always be included within the communications for continuity and appropriate action
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
J & J Ormerod PLC, incorporated in 1968 with roots tracing back to 1876, is a Lancashire-based company trading through its retail division, Rossendale Interiors. It operates showrooms in Bacup, Ulverston and Barrow-in-Furness, offering home improvement products and installation services including kitchens, bedrooms, appliances, sinks and taps, tiles and flooring. The business provides free planning and CAD design services, fitting, and finance options for domestic customers in Lancashire and the surrounding area. It is described as being backed by a separate kitchen, bedroom and bathroom manufacturer, Rossendale Interiors PLC, while J & J Ormerod PLC itself runs the retail and installation side of the business for local homeowners.
Generated from the company's website and Companies House records. Sources: rossendaleinteriors.com