Industry ranking
| 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 |
|---|---|---|---|---|---|---|
| 27 Apr 2024 - 26 Oct 2024 | 11 Feb 2025 | 48 | 23% | 46% | 31% | 5% |
| 01 May 2017 - 31 Oct 2017 | 23 Feb 2018 | 38 | 34% | 51% | 15% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment 15 days after end of month following month of invoice
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
75
Disputes should be raised in the first instance with the person placing the order and if not resolved escalated to Group Purchasing Manager
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
Gray & Adams Limited is a Fraserburgh-based manufacturer of specialist temperature-controlled and bespoke commercial vehicles, including refrigerated trailers, rigid bodywork and clinical waste vehicles. Founded in 1957, it describes itself as the UK market-leader in this field, designing and building products in-house at its Fraserburgh head office and production facility, with further operational sites in Doncaster, Dunfermline and Newtownabbey. The company serves customers across food distribution, retail and healthcare sectors, offering bespoke design, manufacture, aftersales support, repairs, refurbishment and spare parts. It also runs an apprenticeship programme and highlights innovation such as aerodynamic and electric cooling trailer technology. The company is registered in Scotland under company number SC047482 and remains active.
Generated from the company's website and Companies House records. Sources: gray-adams.com · gray-adams.com