Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 |
|---|---|---|---|---|---|---|
| 29 Sept 2019 - 28 Mar 2020 | 03 Sept 2020 | 41 | 35% | 44% | 21% | 0% |
| 01 Apr 2019 - 28 Sept 2019 | 24 Oct 2019 | 39 | 41% | 44% | 15% | 46% |
| 01 Oct 2018 - 31 Mar 2019 | 22 Apr 2019 | 36 | 47% | 43% | 10% | 38% |
| 01 Apr 2018 - 30 Sept 2018 | 22 Apr 2019 | 38 | 42% | 44% | 14% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
http://www.macphie.com/wp-content/uploads/2018/09/18-09-terms-and-conditions-of-purchase.pdf
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Weekly payment run
Maximum contractual payment period agreed
90
Direct contact with accounts payable accountspayable@macphie.com
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
Macphie Limited, registered in Scotland since 1956, is a family owned food ingredient manufacturer headquartered at Glenbervie, Stonehaven. It produces ingredients across sauce, bakery and ice cream inclusion categories, along with plant based and gluten free options, supplying food brands that use these products to create their own dishes. The company operates its headquarters and main manufacturing site at Glenbervie, alongside a customer centre in Coventry. It describes itself as more than just a food manufacturer, with farm, estate and wind activities also forming part of the wider family business. Its core activity remains formulating and producing food ingredients for commercial food and drink customers.
Generated from the company's website and Companies House records. Sources: macphie.com · macphie.com · macphie.com