COSTCUTTER SUPERMARKETS GROUP LIMITED
Company Information
- Company Number
- 02059678
- Registered Address
- 2 Abbey Road, London, England, NW10 7BW
- Status
- Active
- Employee Count
- 177
- Turnover
- £455,052,000
- EBITDA
- £15,673,000
Additional Details
- Website
- https://4pumpcourt.com/
- Company Type
- Private limited Company
- Incorporated On
- 30 September 1986
- Nature of Business
- 47190 - Other retail sale in non-specialised stores
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- London
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 | 24 Jul 2025 | 33 | 18% | 81% | 1% | 2% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 33 | 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 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% |
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
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
Dispute Resolution Process
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.
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
COSTCUTTER SUPERMARKETS GROUP LIMITED is a British-based retail company that operates a network of convenience stores and supermarkets across the UK. The company was founded in 1986 and is headquartered in York, England.
The company's main focus is to provide affordable and high-quality products to its customers. They offer a wide range of products including groceries, fresh produce, household items, and other daily essentials. In addition to their own brand products, they also stock popular brands such as Coca-Cola, Nestle, and Heinz.
COSTCUTTER SUPERMARKETS GROUP LIMITED is committed to sustainability and has implemented a sustainability program to reduce their environmental impact. They have initiatives in place to reduce energy consumption, minimize food waste, and promote recycling. They also work closely with their suppliers to source sustainable products and reduce their carbon footprint.
The company's key people include the CEO, Darcy Willson-Rymer, and the Chairman, Tim Stanley. They have a team of experienced professionals who are dedicated to providing excellent service to their customers.
For more information on their products and services, customers can visit their website at www.costcutter.co.uk. The website also allows customers to locate their nearest store and browse their current promotions. The registered office address for COSTCUTTER SUPERMARKETS GROUP LIMITED is Costcutter House, Empire Way, Leeds, LS16 9EN.
In summary, COSTCUTTER SUPERMARKETS GROUP LIMITED is a well-established retail company in the UK that offers affordable and high-quality products to its customers. They have a strong commitment to sustainability and have implemented various initiatives to reduce their environmental impact. With a dedicated team and a wide range of products, they continue to be a popular choice for convenience shopping.
