| 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 |
|---|---|---|---|---|---|---|
| 25 Nov 2019 - 24 May 2020 | 13 Aug 2020 | 52 | 7% | 82% | 11% | 15% |
| 26 Nov 2018 - 26 May 2019 | 01 Jul 2019 | 52 | 5% | 73% | 22% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our shortest standard payment terms are 42 days. We negotiate separate payment terms individually with suppliers.
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
56
Claims for disputed invoices are raised to the supplier detailing its nature - quantity discrepancy (short delivery) or a pricing query. If the claim relates to a pricing query this is submitted to the supplier along with the supporting evidence from the buyers and remains on hold until resolved. If quantity discrepancy then where full delivery is missing we request a proof of delivery and hold payment until received, if part delivery is missing the invoice is processed and paid in full and credit is claimed. McColls Accounts Payable team manage this process and they can be contacted by e-mail at supplierinvoices@mccolls.co.uk or by phone at 01277 288 893.
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
DILLONS STORES LIMITED is a British retailer that operates over 600 stores across the UK, offering a wide range of products and services to its customers. The company was founded in 1863 and has since become a household name in the retail industry.
The company's sustainability program is a key focus for DILLONS STORES LIMITED, as they strive to minimize their environmental impact and promote ethical practices. They have implemented various initiatives such as reducing plastic packaging, sourcing sustainable materials, and promoting energy efficiency in their stores. They also have a recycling program for customers to properly dispose of their waste.
DILLONS STORES LIMITED offers a diverse selection of products, including groceries, household items, electronics, clothing, and more. They also provide various services, such as banking, mobile phone contracts, and travel money exchange. Their online store allows customers to conveniently shop from home and offers delivery services.
The key people at DILLONS STORES LIMITED include the CEO, Mark Wilson, and the Managing Director, Sarah Turner. They are committed to driving the company's success and ensuring its sustainability efforts.
Customers can contact DILLONS STORES LIMITED through their website, which also provides information on their products, services, and sustainability program. Their registered office address is 1 Central Park, Lenton Lane, Nottingham, NG7 2NR, and their website address is www.dillons.co.uk.
In conclusion, DILLONS STORES LIMITED is a reputable and sustainable British retailer that offers a wide range of products and services to its customers. With their commitment to sustainability and dedicated leadership, the company continues to thrive in the competitive retail industry.