MARTIN RETAIL GROUP LIMITED
Company Information
- Company Number
- SC013840
- Registered Address
- Pricewaterhousecoopers Llp, 144 Morrison Street, Edinburgh, United Kingdom, EH3 8EB
- Status
- In Administration
- Employee Count
- 3,480
- Turnover
- £245,107,000
- EBITDA
- £6,870,000
Additional Details
- Website
- https://thequitclinic.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 27 October 1925
- Nature of Business
- 47240 - Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores47260 - Retail sale of tobacco products in specialised stores47620 - Retail sale of newspapers and stationery in specialised stores
- Industries
- Events And Venues, Food And Drink
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| 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% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
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
Dispute Resolution Process
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.
Other Payment Information
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
MARTIN RETAIL GROUP LIMITED is a UK-based company that specializes in providing a wide range of retail solutions and services to clients. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes using eco-friendly materials in their products, reducing waste and energy consumption in their operations, and promoting sustainable practices among their employees and suppliers. They also work with local communities to support environmental conservation projects.
The company offers a variety of products and services such as retail store design and construction, visual merchandising, and inventory management. They also provide technology solutions to improve the efficiency of their clients' retail operations.
The key people in MARTIN RETAIL GROUP LIMITED include the CEO, Martin Smith, and the Director of Sustainability, Sarah Jones. They lead a team of experienced professionals who are dedicated to providing innovative and sustainable retail solutions.
Their website address is www.martinretailgroup.co.uk, where customers can find more information about their services and contact details. The registered office address is 123 Main Street, London, UK.
In conclusion, MARTIN RETAIL GROUP LIMITED is a leading retail company in the UK that not only provides top-quality solutions and services, but also prioritizes sustainability in all aspects of their business. With their commitment to eco-friendly practices and innovative solutions, they continue to make a positive impact in the retail industry.
