MATTIOLI WOODS LIMITED
Company number: 03140521
Reporting period:
1 December 2025 to 31 May 2026
Report filed on:
30 June 2026
Approved by:
Kate Hodgins
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: 43 days
Total value paid:
- within 30 days: £6,853,001 (43%)
- in 31 to 60 days: £4,307,833 (27%)
- in 61 days or more: £4,799,669 (30%)
Invoices paid:
- within 30 days: 56%
- in 31 to 60 days: 26%
- in 61 days or more: 18%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £9,107,502
- payments due in the reporting period which have not been paid within the agreed period: 33%
- not made in the reporting period due to a dispute: 4%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Our standard payment terms are 30 days unless specified otherwise.
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
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
f a dispute or query arises in relation to an invoice, the matter is referred to the relevant Purchase Order (PO) raiser and/or approver for investigation. They will liaise with the supplier as necessary to clarify and resolve the issue.
Pending resolution, the invoice is placed on hold and no payment is processed until the query has been resolved and the authorised approver confirms that payment may proceed.
Where an invoice has been issued incorrectly, it is rejected and the supplier is notified of the reason for rejection. The supplier is then requested to amend the invoice and reissue it with the correct information before it can be considered for payment.
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.
No
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