JONES BROS RUTHIN CO LIMITED demonstrates an average payment time of 28 days, with 53% of payments processed within 30 days. However, a significant 46% of payments consistently fall into the 31-60 day bracket, indicating a trend where nearly half of invoices are settled beyond typical net-30 terms. The very low 1% of payments extending beyond 60 days suggests extreme delays are rare.
While the average payment time appears favorable, the substantial split between payments within 30 days (53%) and 31-60 days (46%) introduces moderate unpredictability for suppliers regarding exact payment timing. The 15% late payment rate, largely captured within the 31-60 day window, indicates a consistent risk of payments exceeding initial net-30 expectations. However, the minimal 1% over 60 days suggests high reliability for eventual payment within a reasonable timeframe.
Suppliers should assess JONES BROS RUTHIN CO LIMITED as a moderate payment risk, with a strong likelihood of payment but an expectation that a significant portion may take 31-60 days to clear. Key decision factors include the acceptable average time balanced against the large proportion of payments stretching past 30 days. Mitigate risk by factoring in these extended payment cycles when forecasting cash flow and setting terms, while monitoring receivables for the small chance of extreme delays.
| 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 2025 - 30 Sept 2025 | 30 Oct 2025 | 28 | 53% | 46% | 1% | 15% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 35 | 53% | 45% | 2% | 13% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 35 | 48% | 50% | 2% | 13% |
| 01 Oct 2023 - 01 Apr 2024 | 01 May 2024 | 35 | 49% | 48% | 3% | 16% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 33 | 51% | 49% | 1% | 13% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 32 | 56% | 42% | 2% | 11% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 33 | 49% | 49% | 2% | 39% |
| 01 Oct 2021 - 31 Mar 2022 | 30 Apr 2022 | 38 | 54% | 42% | 4% | 20% |
| 01 Apr 2021 - 30 Sept 2021 | 01 Nov 2021 | 34 | 50% | 48% | 2% | 43% |
| 01 Oct 2020 - 30 Mar 2021 | 30 Apr 2021 | 39 | 50% | 46% | 4% | 28% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 37 | 52% | 45% | 3% | 46% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 30 | 60% | 36% | 4% | 20% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 30 | 57% | 41% | 2% | 19% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 31 | 54% | 43% | 3% | 18% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 32 | 54% | 43% | 3% | 57% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Purchase Ledger: end of month + 30day, subcontractors - 35days from invoice date
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
60
Any disputes on payments are dealt with by the purchase ledger team - contactable by email - accounts@jones-bros.com
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
JONES BROS RUTHIN CO LIMITED is an active private limited company. This commercial organisation is established to conduct business operations within the UK.
The company is registered in Wales under company number 00983339. It was incorporated on 30 June 1970, with its registered office located at Ty Glyn, Canol Y Dre, Ruthin, Denbighshire, LL15 1QW.
Private limited companies in the UK are typically formed to conduct a wide range of commercial activities. These organisations offer diverse services or products to consumers, businesses, or the public sector, aiming to generate profit through various trading, manufacturing, or service provisions.