Score of 100/100 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 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 0 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 0 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 0 | 100% | 0% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 0 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 10 | 81% | 19% | 0% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 days from receipt of invoice. http://www.mmc.com/suppliers.html
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
45
Helpdesks and contact details as well as process information available on www.mmc.com
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
Jelf Limited is a registered entity within the Jelf Group, whose SIC classification indicates a holding company role alongside business support activities. The wider Jelf Group, trading as Jelf Group plc, operates as an insurance broker and financial consultancy, providing advice on insurance, healthcare, employee benefits and financial planning to businesses and individuals. According to the group's own description, it works with over 69,000 corporate and commercial clients and more than 45,000 individual clients across the UK. Jelf Limited itself, incorporated in 1994 and based in London, functions as part of this group structure rather than as the direct trading or client-facing operation.
Generated from the company's website and Companies House records. Sources: jelfgroup.com