T. J. MORRIS LIMITED
Company number: 01505036
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
27 July 2026
Approved by:
Philip Grant Hoad
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? Yes
Payment statistics
Average time taken to pay invoices: 13 days
Total value paid:
- within 30 days: £1,790,746,482 (91%)
- in 31 to 60 days: £89,714,798 (5%)
- in 61 days or more: £79,039,339 (4%)
Invoices paid:
- within 30 days: 91%
- in 31 to 60 days: 5%
- in 61 days or more: 4%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £274,309,205
- payments due in the reporting period which have not been paid within the agreed period: 14%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
Answer not provided
Standard payment terms
The company’s standard payment terms are 30 days from the date of invoice. These terms apply as the default for supplier payments, although alternative terms may be agreed where commercially appropriate. As a retailer bound by the Groceries Supply Code of Practice (GSCOP), the company operates on a principle of fair dealing and acts in good faith with all suppliers.
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
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Retention clauses
How does this business use retention clauses?
Retention clauses are used in specific circumstances:
For new store shell-build contracts, 2.5% of the contract value is retained for 12 months from Practical Completion, during the defect's liability period.
For new store fit-out contracts, 5% of the contract value is retained at Practical Completion. This reduces to 2.5% once the Health and Safety File and as-built documentation have been received.
For distribution centre contracts, handover is completed in sections. A retention of 1.5% is held for 12 months, although certain sections, including M&E and landscaping, are subject to a 24-month retention period.
Were
Does this business only use retention clauses in construction contracts above a specific contract sum?
No
Does this business use a standard percentage rate in retention clauses?
No
Does this business apply retention clause practices that are no more onerous than those applied to it on the same project?
Yes:
Not applicable, because there are no retention clauses being applied to TJ Morris on the same project that can be compared with those TJ Morris applies to its contractors
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
Retention is released in line with the contractual terms once the relevant completion milestones have been achieved and any applicable defects liability period has ended. Subject to all contractual obligations being fulfilled.
Is the money released in stages?
Yes:
Retention is released in accordance with the terms of the relevant construction contract. Typically 50% of the retained amount is released upon practical completion of the works, with the remaining balance released at the end of the defects liability period, subject to all contractual obligations being met and any outstanding defects being satisfactorily rectified.
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
0%
Amount retained stated as a percentage of the total construction payments made by this business
3%
Dispute resolution process
TJ Morris Limited operates a clear process for identifying, reviewing, and resolving supplier payment disputes. Where an invoice query arises, the supplier is notified of the nature of the dispute as soon as reasonably practicable. The relevant buying, goods receiving or accounts payable team reviews the issue, including purchase order details, delivery records, pricing, quantities, tax, credit notes, and supporting documentation, as appropriate.
Suppliers are asked to provide any missing or corrected information promptly so that matters can be resolved without unnecessary delay. Once a dispute has been investigated and agreed, the invoice is either approved for payment in line with the applicable payment terms or returned to the supplier for correction.
The business aims to resolve disputes fairly, consistently, and as quickly as possible. Suppliers are encouraged to engage directly with their designated Category Buyer or, where GSCOP applies to the supplier, with the independent Code Compliance Officer (CCO), in accordance with the Groceries Supply Code of Practice (GSCOP).
(Character limit: 14,000 characters) 6. OTHER
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: Groceries Supply Code of Practice
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