Score of 86.6/100 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 2025 - 30 Jun 2025 | 24 Jul 2025 | 22 | 83% | 13% | 4% | 17% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 21 | 86% | 10% | 4% | 14% |
| 01 Jan 2024 - 30 Jun 2024 | 04 Feb 2025 | 38 | 74% | 19% | 7% | 26% |
| 01 Jul 2023 - 31 Dec 2023 | 04 Feb 2025 | 34 | 79% | 12% | 9% | 21% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Feb 2025 | 22 | 72% | 21% | 7% | 28% |
| 01 Jul 2022 - 31 Dec 2022 | 04 Feb 2025 | 31 | 78% | 12% | 10% | 22% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Feb 2025 | 33 | 71% | 17% | 12% | 29% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Feb 2025 | 22 | 78% | 16% | 6% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 04 Feb 2025 | 25 | 79% | 13% | 8% | 21% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 18 | 79% | 13% | 8% | 23% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 10 | 86% | 7% | 7% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 06 Feb 2019 | 8 | 89% | 6% | 6% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 22 | 76% | 21% | 3% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Longest standard payment period is 30 Days with the exception of utilities etc. where significant delay occurs often due to timing of receiving the invoices. Our Standard Payment Terms are 30 days, however where we have a contract that denotes less than this then the contract terms are used against that supplier. Any supplier without a contract has the payment terms printed on the purchase order that is sent to them.
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
30
Any invoice that is disputed is loaded into a query resolution system. The requestor of the goods service communicates with the supplier via phone/email. All emails are uploaded along with the invoice so the dispute can be monitored by the central AP function.
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
The Trafford Centre Limited is a UK-based company that owns and operates the popular shopping and leisure destination, The Trafford Centre. The company was established in 1998 and is headquartered in Manchester, UK.
The company's main activity is the management of The Trafford Centre, which is one of the largest shopping centres in the UK with over 200 stores, restaurants, and leisure facilities. The centre welcomes millions of visitors each year and offers a wide range of retail, dining, and entertainment options.
In addition to its commercial activities, The Trafford Centre Limited also has a strong commitment to sustainability. The company has implemented various initiatives to reduce its environmental impact, such as using renewable energy sources, promoting recycling and waste reduction, and implementing sustainable building practices.
The company's key people include the Chief Executive Officer, Colin Wilding, and the Chairman, David Fischel. Both have extensive experience in the retail and property industries.
For more information on The Trafford Centre Limited and its services, customers can visit their website at www.traffordcentre.co.uk. The company's registered office address is at The Trafford Centre, Manchester, M17 8AA, UK.