Their own payment-practices filing · gov.uk
M&J Seafood Limited paid suppliers in 40 days on average — inside its 56-day stated terms
Their H2 2020 filing put the average 16 days inside their stated 56-day term.
- Their stated terms
- 56 days
- Paid outside agreed terms
- 23% of invoices
- Paid after 61+ days
- 3%
- Reporting period
- 31 Jul 2020 – 20 Nov 2020
- Source
- their gov.uk filing, filed 29 Jan 2021
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H2 2020 filing
Paid 16 days inside the 56-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 6 reports
Held steady around 40 days
The read · computed from their figures
M&J Seafood Limited's H2 2020 filing put their average at 40 days against stated terms of 56 days; 23% of invoices were paid outside agreed terms and 3% took 61 days or longer. Filed 29 Jan 2021.
The pattern is steady — their reported average moves within about ±2 days period to period.
That is 6 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
The standard payment terms are weekly, no earlier than 56 days after the date of delivery. However there are non-standard supplier payment terms which can be shorter and longer than the standard terms. In certain circumstances a supplier may seek to impose its own payment terms, and in other circumstances, a bespoke contract may be agreed.
Dispute resolution
The Accounts Payable team work closely with our buying team and our suppliers to keep disputes to a minimum. The Accounts Payable team will investigate the query and advise the supplier of the resolution needed. If necessary, we have an escalation procedure via our Accounts Payable Manager, Head of Accounts Payable or our Finance Director.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H2 2020 | 40 | 23% | 3% | 29 Jan 2021 |
| H1 2020 | 37 | 34% | 11% | 29 Jul 2020 |
| H2 2019 | 37 | 32% | 7% | 29 Jan 2020 |
| H1 2019 | 38 | 15% | 6% | 24 Jul 2019 |
| H2 2018 | 38 | 28% | 7% | 31 Jan 2019 |
| H1 2018 | 39 | 35% | 8% | 30 Jul 2018 |
Quick answers · M&J Seafood Limited
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Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-09301346 · latest period to 20 Nov 2020
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