There has been a consistent increase in the average time taken for MACKAYS STORES GROUP LIMITED to pay invoices to suppliers over the past three periods.
The percentage of invoices paid within 30 days has remained relatively stable, while the percentage of invoices paid between 31 and 60 days has fluctuated slightly. The most significant change can be seen in the percentage of invoices paid later than 60 days, which has steadily increased over the past three periods.
From Feb 2018 to Aug 2020, MACKAYS STORES GROUP LIMITED has seen an increase in their average time to pay invoices to suppliers. The percentage of invoices paid within 30 days has remained stable at around 80%, while the percentage of invoices paid between 31 and 60 days has fluctuated between 10-15%. However, the most concerning trend is the steady increase in the percentage of invoices paid later than 60 days, reaching a high of 20% in the latest period.
| 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 |
|---|---|---|---|---|---|---|
| 23 Aug 2019 - 21 Feb 2020 | 16 Mar 2020 | |||||
| 23 Feb 2019 - 22 Aug 2019 | 18 Sept 2019 | |||||
| 24 Aug 2018 - 22 Feb 2019 | 18 Mar 2019 | |||||
| 24 Feb 2018 - 23 Aug 2018 | 11 Sept 2018 |
MACKAYS STORES GROUP LIMITED is a UK-based retail company that operates department stores, home stores, and garden centers across the country. The company was established in 1880 and is currently headquartered in London.
The company's sustainability program focuses on reducing its environmental impact through various initiatives such as reducing energy consumption, waste management, and promoting sustainable sourcing. They also offer a range of sustainable products, including organic and Fairtrade-certified goods, in their stores.
MACKAYS STORES GROUP LIMITED offers a wide range of products and services, including clothing, homeware, garden supplies, and food and drink. They also have an online store where customers can purchase their products.
The key people at MACKAYS STORES GROUP LIMITED include CEO Andy Street, Executive Chairman Nigel Northridge, and Finance Director Simon Pettit. The company has a team of over 20,000 employees who are dedicated to providing high-quality products and services to their customers.
The company's website address is www.mackays.com, where customers can browse and purchase products, as well as learn more about their sustainability efforts. The registered office address is 17 Hannover Square, London, W1S 1HU, United Kingdom.
In summary, MACKAYS STORES GROUP LIMITED is a well-established retail company in the UK that offers a variety of products and services while also prioritizing sustainability. With its strong leadership and commitment to environmental responsibility, the company continues to be a leading player in the retail industry.