CJ LANG SON LIMITED
Company Information
- Company Number
- SC017664
- Employee Count
- 1,659
- Turnover
- £221,275,000
- EBITDA
- £7,105,000
Additional Details
- Website
- https://cjlang.co.uk/
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for C.J. LANG & SON LIMITED to pay invoices has decreased over the past three periods, from 33 days in May 2017 to 32 days in April 2022. This indicates that the company has been making efforts to pay their invoices more promptly.
Volatility Analysis
The percentage of invoices paid within 30 days has remained relatively stable, ranging from 61% to 68% over the past three periods. However, the percentage of invoices paid between 31 and 60 days has fluctuated between 28% and 35%. The company's worst period for paying invoices later than 60 days was in May 2019, where 42% of invoices were paid late.
Summary Analysis
In the most recent period of November 2021 to April 2022, C.J. LANG & SON LIMITED had an average time to pay of 32 days. This is a slight increase from the previous period of May 2021 to October 2021, where the average time to pay was 26 days. However, the company has shown improvement in paying invoices within 30 days, with a percentage of 66% in November 2021 to April 2022 compared to 62% in May 2021 to October 2021. The percentage of invoices paid between 31 and 60 days has also decreased from 31% to 28%. The company's worst period for paying invoices later than 60 days was in May 2019, where 42% of invoices were paid late. Overall, there has been a trend of improvement in the company's payment practices, with a decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days.
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 |
|---|---|---|---|---|---|---|
| 01 Nov 2021 - 30 Apr 2022 | 17 Aug 2022 | 32 | 68% | 28% | 4% | 37% |
| 01 May 2021 - 31 Oct 2021 | 21 Dec 2021 | 26 | 66% | 31% | 3% | 34% |
| 01 Nov 2020 - 30 Apr 2021 | 15 Jul 2021 | 32 | 62% | 35% | 3% | 38% |
| 01 Nov 2019 - 30 Apr 2020 | 20 May 2020 | 28 | 61% | 35% | 4% | 36% |
| 01 May 2019 - 31 Oct 2019 | 20 Dec 2019 | 25 | 65% | 31% | 4% | 42% |
| 01 Nov 2018 - 30 Apr 2019 | 16 Jul 2019 | 25 | 63% | 33% | 4% | 34% |
| 01 May 2018 - 31 Oct 2018 | 04 Dec 2018 | 25 | 66% | 29% | 5% | 31% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 26 | 64% | 32% | 4% | 30% |
| 01 May 2017 - 31 Oct 2017 | 06 Dec 2017 | 33 | 62% | 32% | 6% | 35% |
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
The shortest standard period refers to some suppliers that receive rapid payment in order for the Company to earn payment discount. The mode payment terms are 28 days however there are a large range of payment terms which mirrors the considerable number of third party suppliers we contract with. The longest standard payment terms refers only to the various Councils in Scotland who allow payment of business rates over a term of up to 10 months. Should we require to make changes to our standard payment terms with any supplier then we will write to them giving appropriate notice of intended change
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
238
Dispute Resolution Process
If any invoice is sin dispute and "on hold" and consequently yet to be authorised, then it is the authoriser's duty to resolve this directly with the supplier and agree a way forward satisfactory to both parties. The Authoriser must advise the outcome to the Purchase Ledger Supervisor.
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.
❌
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
Company Summary
C.J. LANG & SON LIMITED is a Scottish convenience store chain that was founded in 1919. The company operates over 100 SPAR stores across Scotland and has become a household name in the country.
As part of their commitment to sustainability, C.J. LANG & SON LIMITED has implemented a number of initiatives such as reducing their carbon footprint, promoting responsible sourcing and supporting local communities. They have also set up a dedicated sustainability team to oversee these efforts.
The company offers a wide range of products and services to their customers, including groceries, fresh produce, household items, and a variety of convenience foods. They also provide a delivery service for those unable to visit their stores.
C.J. LANG & SON LIMITED is led by a team of experienced professionals, including Managing Director Colin McLean and Finance Director Graeme McFarland. The company also employs over 2,000 staff members across their stores and support offices.
For more information on the company and their products and services, customers can visit their website at www.cjlang.co.uk. The registered office address for C.J. LANG & SON LIMITED is at 78 Coates Crescent, Edinburgh EH3 7BX.
