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 Jul 2025 - 31 Dec 2025 | 30 Jan 2026 | 36 | 13% | 82% | 5% | 2% |
| 01 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 33 | 18% | 81% | 1% | 2% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 33 | 17% | 82% | 1% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 32 | 17% | 82% | 1% | 1% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 33 | 18% | 81% | 1% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 28 | 59% | 36% | 4% | 45% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Jul 2020 | 35 | 51% | 38% | 10% | 57% |
| 01 Jul 2019 - 31 Dec 2019 | 14 Jan 2020 | 38 | 51% | 36% | 12% | 53% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 40 | 48% | 39% | 13% | 56% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 38 | 43% | 43% | 14% | 60% |
| 01 Jan 2018 - 30 Jun 2018 | 12 Jul 2018 | 30 | 43% | 50% | 9% | 67% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Costcutter agree standard payment terms that vary between 7 and 90 days depending on size of supplier and products they sell. Most suppliers are currently paid on weekly payment runs.
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
90
Invoices in dispute go on hold, and are discussed between the Accounts Department, Trading and the Supplier. Once resolved, the invoice will go forward for payment in accordance with its normal payment terms. If resolved after the payment due date, the invoice is paid on the supplier’s next payment run.
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
Costcutter Supermarkets Group Limited is a UK registered company, incorporated in 1986 and previously named Costcutter (Supermarkets) Limited and Costcutter Supermarkets Ltd. Companies House records its activity under SIC code 47190, other retail sale in non-specialised stores, associated with corner shops, newsagents, off-licences, petrol stations and supermarkets. The company is controlled by Costcutter Supermarkets Holdings Limited, indicating it operates as part of a wider retail group. No further first-party description of specific trading operations, products or services was available in the evidence supplied, so this summary is limited to the registered classification and corporate structure information provided.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk