| 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 Jul 2025 - 31 Dec 2025 | 30 Jan 2026 | 37 | 54% | 31% | 15% | 72% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 28 | 65% | 25% | 10% | 76% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 37 | 51% | 31% | 18% | 68% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 45 | 35% | 42% | 23% | 65% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 33 | 54% | 30% | 16% | 65% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 32 | 42% | 39% | 19% | 63% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 43 | 43% | 37% | 20% | 56% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 38 | 40% | 40% | 20% | 56% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 40 | 42% | 38% | 20% | 59% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 39 | 36% | 40% | 24% | 58% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 38 | 46% | 37% | 17% | 64% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 40 | 35% | 41% | 24% | 57% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 40 | 37% | 43% | 20% | 59% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 39 | 31% | 42% | 27% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 42 | 23% | 46% | 31% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60days EOM. We have various other payment types depending on the nature of the goods and services contracted
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
Disputes over payments are directed to the accounts payable department. Details are taken. Accounts payable will communicate with the supplier regarding how the invoice needs to be resolved, time scales and when to expect payment. Any disputes regarding payment terms are directed to the purchasing manager.
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
Marmon Group Limited (The) is a leading global company that specializes in manufacturing and distributing a wide range of products and services across various industries. The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact.
The sustainability program of Marmon Group focuses on three key areas: reducing energy consumption, minimizing waste, and promoting responsible sourcing. The company has invested in renewable energy sources and has implemented energy-efficient practices in its manufacturing processes. It also has a strict waste management system in place to minimize its environmental footprint. Furthermore, Marmon Group sources its materials from responsible suppliers who adhere to ethical and sustainable practices.
The company offers a diverse range of products and services, including industrial products, transportation equipment, food and beverage products, and construction materials. Some of its well-known brands include Belden, Crane Merchandising Systems, and Delta Faucet Company.
The key people at Marmon Group Limited include Chairman and CEO Warren Buffett, President and CEO Frank Ptak, and Chief Sustainability Officer, Mark Klein. They lead a team of dedicated employees who strive to maintain the company's commitment to sustainability.
For more information on Marmon Group Limited and its sustainability efforts, interested individuals can visit their website at www.marmon.com. The company's registered office address is 540 West Madison Street, Suite 700, Chicago, Illinois, USA.
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