| 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 May 2023 - 31 Oct 2023 | 23 Nov 2023 | 53 | 21% | 31% | 47% | 12% |
| 01 Dec 2022 - 30 Apr 2023 | 28 Jul 2023 | 67 | 15% | 25% | 60% | 36% |
| 01 Jun 2022 - 30 Nov 2022 | 22 Dec 2022 | 70 | 15% | 18% | 67% | 37% |
| 01 Dec 2021 - 31 May 2022 | 28 Jun 2022 | 74 | 10% | 19% | 71% | 42% |
| 01 Jun 2021 - 30 Nov 2021 | 23 Dec 2021 | 60 | 17% | 26% | 57% | 22% |
| 01 Dec 2020 - 31 May 2021 | 29 Jun 2021 | 66 | 18% | 26% | 57% | 25% |
| 01 Dec 2019 - 31 May 2020 | 30 Jun 2020 | 59 | 18% | 35% | 47% | 21% |
| 01 Jun 2019 - 30 Nov 2019 | 18 Dec 2019 | 59 | 19% | 28% | 53% | 8% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 59 | 16% | 32% | 52% | 9% |
| 01 Jun 2018 - 30 Nov 2018 | 21 Dec 2018 | 56 | 19% | 38% | 43% | 13% |
| 01 Dec 2017 - 31 May 2018 | 29 Jun 2018 | 56 | 13% | 35% | 52% | 26% |
| 01 Jun 2017 - 30 Nov 2017 | 22 Dec 2017 | 66 | 3% | 21% | 76% | 93% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 Days End of Month
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
91
The Company deals with disputes in a fair and professional manner
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.
❌
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.
❌
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.
❌
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
GRAINGER & WORRALL MACHINING LIMITED is a UK-based company that specializes in precision engineering and manufacturing services. They have a strong commitment to sustainability and have implemented various initiatives to reduce their environmental impact.
Their sustainability program includes recycling and reusing materials, investing in energy-efficient equipment, and implementing sustainable practices in their manufacturing process. They also have a strict waste management system in place to minimize their carbon footprint.
The company offers a wide range of products and services, including CNC machining, casting, prototyping, and assembly. They cater to various industries such as automotive, aerospace, and motorsports. Their products are known for their high-quality and precision, making them a preferred supplier for many leading companies.
The key people at GRAINGER & WORRALL MACHINING LIMITED include the Managing Director, David Grainger, and the Technical Director, Edward Worrall. They have a team of experienced engineers and technicians who ensure the delivery of top-notch products and services.
The company's website address is www.gw-machining.com, where customers can find more information about their products and services. Their registered office address is Unit 5, Hortonwood 33, Telford, Shropshire, TF1 7EX, United Kingdom.
In conclusion, GRAINGER & WORRALL MACHINING LIMITED is a leading precision engineering company in the UK with a strong focus on sustainability. They offer high-quality products and services and have a team of experienced professionals dedicated to meeting their customers' needs.
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