DENSO MARSTON LTD
Company number: 00305275
Reporting period:
1 October 2025 to 31 March 2026
Report filed on:
29 April 2026
Approved by:
Vineet Verma
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 39 days
Total value paid:
- within 30 days: £13,825,431 (51%)
- in 31 to 60 days: £8,849,415 (33%)
- in 61 days or more: £4,249,001 (16%)
Invoices paid:
- within 30 days: 51%
- in 31 to 60 days: 33%
- in 61 days or more: 16%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £1,553,017
- payments due in the reporting period which have not been paid within the agreed period: 15%
- not made in the reporting period due to a dispute: 9%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
DENSO Marston's standard payment terms for suppliers are 60 days from invoice; however, we often honour individual supplier agreements, particularly for smaller businesses. Our policy is to pay in line with agreed terms unless there is an outstanding query.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
DENSO is committed to making timely payments for all products and services, and disputes are infrequent. Any delays are typically due to invoice queries, such as a missing purchase order reference, which the Accounts Payable team works to resolve promptly. As our AP process has become increasingly automated, it is important that all required fields are completed accurately to avoid delays. We maintain regular communication with suppliers throughout.
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.
No, this business has not signed up to a code of conduct or standards on payment practices.
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