| 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 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 45 | 21% | 50% | 29% | 76% |
| 01 Jan 2018 - 30 Jun 2018 | 06 Aug 2018 | 50 | 16% | 49% | 35% | 65% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard terms are 30days EOM. Due to the number of invoices we only do 2 payment runs a month on 15th and one on the 30th.
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
90
Each dispute and complaint is dealt with on an individual process by the financial director.
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
What More UK Limited is a North West England manufacturer of reusable plastic storage boxes and housewares, and bakeware. Trading under brand names including Wham, BetterWare, Baker & Salt and PushPan, it produces household storage, bakeware, DIY toolboxes, organisers, garden pots, pet care items, food storage and brushware. Products are made in Britain, including recycled-plastic ranges and pressed and enamelled bakeware, and supplied to UK national and independent retailers as well as exported to around 75 countries. It does not sell directly to consumers. The company has also acquired Firsteel Ltd, a manufacturer of coil coated metal used in bakeware and cookware. It has held Queen's Award for Enterprise recognition and industry innovation awards.
Generated from the company's website and Companies House records. Sources: whatmoreuk.com · whatmoreuk.com