| 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 Nov 2025 - 30 Apr 2026 | 01 Jun 2026 | 65 | 22% | 23% | 55% | 50% |
| 01 May 2025 - 31 Oct 2025 | 01 Dec 2025 | 70 | 15% | 19% | 66% | 75% |
| 01 Nov 2024 - 30 Apr 2025 | 08 Aug 2025 | 61 | 19% | 24% | 57% | 60% |
| 01 May 2024 - 31 Oct 2024 | 04 Feb 2025 | 51 | 25% | 30% | 45% | 32% |
| 01 Nov 2023 - 30 Apr 2024 | 04 Mar 2025 | 46 | 32% | 26% | 42% | 32% |
| 01 May 2023 - 31 Oct 2023 | 23 Nov 2023 | 52 | 45% | 23% | 32% | 8% |
| 01 Dec 2022 - 30 Apr 2023 | 28 Jul 2023 | 67 | 38% | 15% | 47% | 43% |
| 01 Jun 2022 - 30 Nov 2022 | 22 Dec 2022 | 59 | 32% | 12% | 56% | 48% |
| 01 Dec 2021 - 31 May 2022 | 28 Jun 2022 | 58 | 32% | 16% | 52% | 46% |
| 01 Jun 2021 - 30 Nov 2021 | 23 Dec 2021 | 62 | 14% | 24% | 62% | 34% |
| 01 Dec 2020 - 31 May 2021 | 28 Jun 2021 | 59 | 23% | 35% | 42% | 11% |
| 01 Jun 2020 - 30 Nov 2020 | 19 Jan 2021 | 44 | 37% | 37% | 26% | 7% |
| 01 Dec 2019 - 31 May 2020 | 30 Jun 2020 | 53 | 21% | 34% | 45% | 16% |
| 01 Jun 2019 - 30 Nov 2019 | 18 Dec 2019 | 62 | 13% | 33% | 54% | 7% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 62 | 11% | 30% | 59% | 5% |
| 01 Jun 2018 - 30 Nov 2018 | 21 Dec 2018 | 63 | 14% | 30% | 56% | 6% |
| 01 Dec 2017 - 31 May 2018 | 29 Jun 2018 | 62 | 10% | 26% | 64% | 31% |
| 01 Jun 2017 - 30 Nov 2017 | 19 Dec 2017 | 68 | 1% | 18% | 81% | 88% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company agrees payment terms with suppliers at the commencement of trading. Standard terms used are 15/30/45/60 days End of Month (EOM). Whilst other terms might be agreed by negotiation the maximum term applied is 60 days EOM. There were no changes to these standard terms in the reporting period.
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
91
The Company is committed to dealing with its suppliers in a fair, honest and professional manner. The main point of contact for disputes is Accounts Payable team. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. If the Accounts Payable team are unable to resolve the dispute, then the issue is then escalated to a project manager / originator of the purchase order who are then responsible for resolving the issue. The Company maintains an electronic purchase invoice query log which is circulated via an automated email from the Accounts Payable team to the assigned person(s) above. The Company reports key performance metrics which capture the number of instances of items that are in query. These are reported on a weekly basis and displayed on the Company's visual management boards within the department.
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.
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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
GRAINGER & WORRALL LIMITED is a company, based in the West Midlands region.
From Companies House records.