MIDWICH LIMITED
Company Information
- Company Number
- 01436289
- Registered Address
- Midwich Limited, Vinces Road, Diss, IP22 4YT
- Status
- Active
- Employee Count
- 337
- Turnover
- £278,059,000
- EBITDA
- £15,926,000
Additional Details
- Website
- https://www.midwich.com/
- Company Type
- Private limited Company
- Incorporated On
- 11 July 1979
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Professional Services,Supply Chain,Manufacturing And Commerce Models
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 47 | 23% | 52% | 25% | 10% |
| 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 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 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 49 | 19% | 53% | 29% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 45 | 27% | 49% | 24% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 41 | 30% | 50% | 20% | 25% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
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
89.4% of overdue invoices are settled within one month of the due date.
Maximum contractual payment period agreed
183
Dispute Resolution Process
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.
Other Payment Information
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
Company Summary
MIDWICH LIMITED is a British company that specializes in the distribution of audiovisual technology and solutions. They have been in operation since 1979 and have established themselves as a leading distributor in the industry.
The company's sustainability program focuses on reducing their environmental impact through initiatives such as using renewable energy sources and implementing recycling programs. They also prioritize ethical sourcing and ensure that their products are produced in an environmentally responsible manner.
MIDWICH LIMITED offers a wide range of products and services including audiovisual equipment, digital signage, control systems, and installation services. They partner with well-known brands such as Sony, LG, and Samsung to provide high-quality and innovative solutions to their customers.
The company is led by a team of experienced professionals, with Stephen Fenby as the Managing Director. They have a dedicated customer service team to assist clients with their enquiries and provide technical support.
For more information on their products and services, customers can visit their website at www.midwich.com. The registered office address for MIDWICH LIMITED is Vinnetrow Business Park, Vinnetrow Road, Chichester, West Sussex, PO20 1QH, United Kingdom.
In conclusion, MIDWICH LIMITED is a reputable company in the audiovisual industry, known for their commitment to sustainability and providing top-quality products and services. With their experienced team and strong focus on customer satisfaction, they continue to be a trusted choice for businesses and organizations looking for audiovisual solutions.
