| 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 | 26 Jan 2026 | 47 | 25% | 44% | 31% | 7% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 47 | 23% | 52% | 25% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 46 | 23% | 52% | 25% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 46 | 24% | 53% | 23% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 46 | 23% | 56% | 22% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 44 | 29% | 50% | 20% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 46 | 25% | 50% | 25% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 45 | 26% | 52% | 22% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 45 | 27% | 49% | 24% | 18% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 43 | 26% | 52% | 22% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 49 | 19% | 53% | 29% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 44 | 26% | 50% | 24% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 45 | 27% | 49% | 24% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 44 | 26% | 52% | 22% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 41 | 30% | 50% | 20% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
. Midwich work with our suppliers to agree contractual terms. The company has current standard terms of 60 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
89.2 % of overdue invoices are settled within one month of the due date.
Maximum contractual payment period agreed
183
Midwich's accounts payable team work closely with the procurement team and the supplier to resolve queries in a timely manner. We operate an escalation process whereby if a resolution is not received within 30 days, the queries get escalated internally. All queries are logged on a central database to enable the accounts payable and the procurement teams to manage queries efficiently.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Midwich Limited, registered in Diss, Norfolk, trades as a trade-only distributor of audio visual and document solutions technology. It supplies AV equipment, including displays, audio systems, conferencing hardware and related accessories, from world-leading brands to trade customers rather than manufacturing its own products. The company operates from its Diss headquarters alongside additional UK sites, and offers credit facilities, IT services and marketing support to reseller customers. It is part of the wider Midwich Group, which the company references in its own materials. Midwich Limited itself functions as the UK distribution business within that group structure, focused on getting third-party AV and document technology products to trade buyers.
Generated from the company's website and Companies House records. Sources: midwich.com · midwich.com