| 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 Mar 2025 - 31 Aug 2025 | 06 Oct 2025 | 33 | 59% | 25% | 16% | 1% |
| 01 Sept 2024 - 28 Feb 2025 | 02 Apr 2025 | 29 | 57% | 28% | 15% | 1% |
| 01 Sept 2023 - 29 Feb 2024 | 03 Apr 2024 | 18 | 78% | 20% | 2% | 2% |
| 01 Mar 2023 - 31 Aug 2023 | 04 Oct 2023 | 35 | 48% | 38% | 14% | 1% |
| 01 Sept 2022 - 28 Feb 2023 | 31 Mar 2023 | 50 | 9% | 76% | 15% | 0% |
| 01 Mar 2022 - 31 Aug 2022 | 05 Oct 2022 | 19 | 82% | 17% | 1% | 1% |
| 01 Sept 2021 - 28 Feb 2022 | 29 Mar 2022 | 23 | 68% | 31% | 1% | 3% |
| 01 Mar 2021 - 31 Aug 2021 | 04 Oct 2021 | 23 | 73% | 23% | 4% | 2% |
| 04 Sept 2020 - 28 Feb 2021 | 02 Apr 2021 | 25 | 70% | 25% | 5% | 4% |
| 29 Feb 2020 - 03 Sept 2020 | 30 Dec 2020 | 22 | 72% | 25% | 3% | 2% |
| 01 Mar 2019 - 31 Aug 2019 | 03 Oct 2019 | 29 | 56% | 34% | 10% | 0% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 27 | 58% | 34% | 8% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The default payment terms are 60 days however depending on specific business requirements this may vary with many vendors on 30 days payment terms
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
60
The main point of contact for disputes is the Accounts Payable team. To resolve a dispute, the supplier may require to provide any missing information or a corrected invoice.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
MICRON EUROPE LIMITED is a leading global technology company that specializes in the production of advanced memory and storage solutions. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes reducing greenhouse gas emissions, conserving energy and water, and promoting recycling and waste reduction. They also prioritize ethical and responsible sourcing of materials and ensure compliance with all relevant regulations.
The company offers a wide range of products and services, including dynamic random-access memory (DRAM), NAND flash memory, and solid-state drives (SSD). These products are used in various industries, such as data centers, consumer electronics, and automotive.
Key people at MICRON EUROPE LIMITED include Sanjay Mehrotra, President and CEO, and Manish Bhatia, Executive Vice President of Global Operations. The company has a global presence with offices and manufacturing facilities in several countries, including the United Kingdom.
Their registered office address is 2nd Floor, 2 City Place, Beehive Ring Road, Gatwick, West Sussex, RH6 0PA, United Kingdom. The company's website address is www.micron.com.
In conclusion, MICRON EUROPE LIMITED is a reputable technology company with a strong commitment to sustainability. Their innovative products and services, along with their focus on ethical practices, make them a leader in the industry.