Industry ranking
| 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 Apr 2021 - 30 Sept 2021 | 18 Oct 2021 | 37 | 49% | 46% | 5% | 78% |
| 01 Oct 2020 - 31 Mar 2021 | 16 Apr 2021 | 46 | 41% | 49% | 10% | 96% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 38 | 41% | 47% | 13% | 85% |
| 01 Oct 2019 - 31 Mar 2020 | 01 May 2020 | 34 | 54% | 39% | 7% | 74% |
| 01 Apr 2019 - 30 Sept 2019 | 24 Oct 2019 | 41 | 34% | 54% | 12% | 92% |
| 31 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 41 | 30% | 58% | 12% | 96% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 48 | 24% | 54% | 22% | 91% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms vary according to supplier. Average terms across supplier base is 35 days
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
60
The company is committed to dealing with suppliers in a fair, honest and professional manner. Disputes should initially be communicated to the accounts payable team at the Liverpool office (email; accounts.payable@jfrenshaw.co.uk, phone 0151 706 8220). If accounts payable are unable to resolve a dispute it is referred to the purchaser and, if satisfactory resolution is not achieved, to senior management.
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
J F RENSHAW LTD is a in administration private limited company, incorporated on 21 September 1982, based in the North West region. Registered business activity: Manufacture of sugar; Manufacture of sugar confectionery.
From Companies House records.