Score of 89.3/100 qualifies for PaymentCheck Certification
| 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 2023 - 31 Dec 2023 | 20 Mar 2024 | 22 | 88% | 10% | 2% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Mar 2024 | 23 | 87% | 11% | 2% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Mar 2024 | 24 | 83% | 13% | 4% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Mar 2024 | 26 | 84% | 11% | 5% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Apr 2022 | 21 | 91% | 8% | 1% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Sept 2021 | 23 | 86% | 13% | 1% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Mar 2021 | 25 | 80% | 17% | 2% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 14 Aug 2020 | 24 | 86% | 12% | 2% | 9% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 22 | 89% | 10% | 1% | 12% |
This information is as reported by the business, and responses are in their own words.
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
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.
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?
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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
T. J. Morris Limited trades as Home Bargains, a discount retailer operating over 600 stores across the UK alongside an online shop. It sells a broad mix of household, garden, health and beauty, toys, electrical, clothing and grocery products at reduced prices, describing itself as offering 'Top Brands Bottom Prices'. The company provides home delivery and in-store or postal returns. Incorporated in 1980 and registered in Liverpool, it remains an active company. Its registered Companies House activity is classified as other retail sale in non-specialised stores, consistent with its role as a general discount retailer rather than a manufacturer of the goods it sells.
Generated from the company's website and Companies House records. Sources: home.bargains