| 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 2020 - 30 Sept 2020 | 31 Oct 2020 | 36 | 63% | 31% | 6% | 38% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 35 | 63% | 31% | 6% | 39% |
| 01 Nov 2018 - 31 Mar 2019 | 30 Oct 2019 | 35 | 69% | 26% | 5% | 34% |
| 01 Apr 2018 - 31 Oct 2018 | 09 Nov 2018 | 33 | 70% | 27% | 3% | 34% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from satisfactory receipt of goods or services
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
- The Buyer raises any issues with the supplier sharing all supporting documentation, eg QC reports. - the invoice/order will be logged in the system but payment withheld. - once the dispute is settled with credit note received for the amount agreed with supplier, payment will be released.
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.
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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
Wealmoor Limited, trading as Wealmoor, sources and supplies fresh produce, including exotic and tropical fruit, chillies and peppers, premium vegetables, and herbs. The company works with growers in countries such as Peru, Kenya, The Gambia, Spain, Brazil and Senegal, and is involved in growing produce as well as sourcing it for UK and international customers. Its registered activities include post-harvest crop handling and warehousing, reflecting a role spanning growing, storage and supply of fresh produce to retailers and other customers. Founded in 1973 and based in Greenford, Middlesex, with an additional depot in Stratford-upon-Avon, the company describes long-standing relationships with growers, customers and employees across a global fresh produce supply chain.
Generated from the company's website and Companies House records. Sources: wealmoor.co.uk · wealmoor.co.uk