CO-OP WHOLESALE LIMITED
Company number: 00980790
Reporting period:
6 January 2025 to 6 July 2025
Report filed on:
31 July 2025
Approved by:
Ian King
Payment statistics
Average time taken to pay invoices: 40 days
Total value paid:
- within 30 days: £361,666,974 (47%)
- in 31 to 60 days: £336,570,915 (44%)
- in 61 days or more: £70,557,349 (9%)
Invoices paid:
- within 30 days: 47%
- in 31 to 60 days: 44%
- in 61 days or more: 9%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £18,298,644
- payments due in the reporting period which have not been paid within the agreed period: 2%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
77 days
Standard payment terms
Most frequently used are 30 days, although our payment terms vary considerably, from supplier to supplier, often depending on the harmonised terms agreed with our parent company, The Co-operative Group Limited.
Were there any changes to the standard payment terms in the reporting period?
Some terms amended in line with the terms of our parent company
Were suppliers notified or consulted about these changes before they were made?
Account managers made contact and terms changed with agreement.
Maximum contractual payment period agreed
180 days
N/a
Any other information about payment terms
N/a
Dispute resolution process
There is a standard supplier dispute resolution process, based on the supplier e mailing a Microsoft Forms document detailing the dispute to the accounts team. SLA for responding to disputes is 7 days from submission.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
Yes, this business has signed up to: GSCOP
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.
Yes
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No