The average time to pay for MAKRO SELF SERVICE WHOLESALERS LIMITED has been consistently increasing over the past few periods, with the highest average time to pay in the most recent period (2023-08-27). This suggests that the company is taking longer to pay their invoices to suppliers.
The % Invoices not paid within agreed terms has been fluctuating over the past few periods, with the highest percentage in 2021-03-01 and the lowest percentage in 2020-03-02. This indicates that the company may have inconsistent payment practices.
Looking at the past three periods, there has been a steady increase in the average time to pay for MAKRO SELF SERVICE WHOLESALERS LIMITED. In the most recent period (2023-08-27), the company took an average of 60.7 days to pay their invoices, compared to 51.8 days in the previous period (2022-08-28) and 45.3 days in the period before that (2021-08-29).
| 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 |
|---|---|---|---|---|---|---|
| 27 Feb 2023 - 27 Aug 2023 | 25 Sept 2023 | |||||
| 29 Aug 2022 - 26 Feb 2023 | 24 Mar 2023 | |||||
| 28 Feb 2022 - 28 Aug 2022 | 23 Sept 2022 | |||||
| 30 Aug 2021 - 27 Feb 2022 | 25 Mar 2022 | |||||
| 01 Mar 2021 - 29 Aug 2021 | 27 Sept 2021 | |||||
| 31 Aug 2020 - 28 Feb 2021 | 29 Mar 2021 | |||||
| 02 Mar 2020 - 30 Aug 2020 | 28 Sept 2020 | |||||
| 26 Aug 2019 - 01 Mar 2020 | 30 Mar 2020 | |||||
| 25 Feb 2019 - 25 Aug 2019 | 24 Sept 2019 | |||||
| 01 Oct 2018 - 24 Feb 2019 | 26 Mar 2019 | |||||
| 31 Mar 2018 - 30 Sept 2018 | 30 Oct 2018 |
Makro Self Service Wholesalers Limited is a long-established UK registered company, incorporated in 1970, whose stated business activity is non-specialised wholesale trade. Companies House records show its registered office in Wellingborough and list Tesco Secretaries Limited as company secretary, indicating the entity now sits within the Tesco corporate group. No further detail on specific product lines or trading operations is available from the evidence supplied, but its classification confirms it operates as a wholesale distributor rather than a manufacturer or retailer of its own branded goods.
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