Score of 82.5/100 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 Sept 2022 - 28 Feb 2023 | 24 Mar 2023 | 20 | 72% | 27% | 1% | 21% |
| 01 Mar 2022 - 31 Aug 2022 | 24 Mar 2023 | 24 | 59% | 40% | 1% | 19% |
| 01 Sept 2021 - 28 Feb 2022 | 29 Mar 2022 | 24 | 64% | 34% | 2% | 22% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days
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
In the first instance, the supplier should contact the individual who placed the order from the Company.
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
MORSES CLUB PLC is a in administration private limited company, incorporated on 16 January 2009, based in the London region. Registered business activity: Other business support service activities not elsewhere classified.
From Companies House records.