T. J. MORRIS LIMITED

PaymentCheck Score 2023
89Good
3.6vs last year
#966 in UK
#22 in Creative
#62 in North West

Company Information

Company Number
01505036
Registered Address
T J Morris Limited Portal Way, Axis Business Park, Gillmoss, Liverpool, L11 0JA
Status
Active
Employee Count
26,845
Turnover
£3,773,996,000
EBITDA
£377,796,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 June 1980
Nature of Business
47190 - Other retail sale in non-specialised stores
Industries
Creative,Media And Publishing,Information Technology,Telecommunications And Data,Lifestyle And Entertainment,Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
North West

Time to Pay

Average Time to Pay
24 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
83%
31-60 Days
13%
After 60 Days
4%
Not Paid Within Terms17%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-03-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202320 Mar 20242288%10%2%12%
01 Jan 2023 - 30 Jun 202320 Mar 20242387%11%2%13%
01 Jul 2022 - 31 Dec 202220 Mar 20242483%13%4%17%
01 Jan 2022 - 30 Jun 202220 Mar 20242684%11%5%16%
01 Jul 2021 - 31 Dec 202120 Apr 20222191%8%1%13%
01 Jul 2020 - 31 Dec 202011 Mar 20212580%17%2%8%
01 Jan 2020 - 30 Jun 202014 Aug 20202486%12%2%9%
01 Jul 2019 - 31 Dec 201931 Jan 20202289%10%1%12%

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

T.J. Morris Ltd standard payment terms are to pay correct invoices within 30 days.

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

30

Dispute Resolution Process

T.J. Morris Ltd.’s policy is to pay all correct supplier invoices on time and in accordance with the agreed terms. Non-queried elements of queried invoices paid to terms. Late payment or part payment of invoices are normally consequence of any invoice or purchase order discrepancies. Queries raised by supplier are dealt with through the finance team and buyer, who will work with the supplier to resolve any queries.

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

T. J. MORRIS LIMITED is a UK-based company that specializes in providing a wide range of products and services to its customers. The company has a strong focus on sustainability and is committed to reducing its environmental impact.

T. J. MORRIS LIMITED offers a variety of products, including household goods, clothing, cosmetics, and food items. The company also provides services such as online retail and delivery.

One of the key people in the company is its CEO, Mr. T. J. Morris, who has been leading the company since its establishment. He is supported by a team of dedicated professionals who work towards achieving the company's goals.

T. J. MORRIS LIMITED has a strong sustainability program in place, which includes measures such as using eco-friendly packaging materials, promoting recycling and reducing waste, and sourcing products from sustainable suppliers. The company also strives to reduce its carbon footprint by using energy-efficient practices in its operations.

For customers who are interested in learning more about the company's sustainability efforts, T. J. MORRIS LIMITED provides information on its website, including its environmental policy and sustainability initiatives.

The registered office address for T. J. MORRIS LIMITED is located at Axis Business Park, East Lancs Road, Gillmoss, Liverpool, L11 0JA. Customers can also contact the company via their website, www.tjmorris.co.uk, or by phone at 0151 549 9500.

In summary, T. J. MORRIS LIMITED is a reputable UK company that offers a variety of products and services while prioritizing sustainability. With a strong commitment to reducing its environmental impact, the company continues to be a leader in the retail industry.

Financial Metrics

Cash
£287,539,926
Net Worth
£1,778,723,709
Total Current Assets
£710,557,265
Total Current Liabilities
£239,803,855

Company Location