MOWI FEED SCOTLAND LTD
Company number: SC869038
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
30 July 2026
Approved by:
Alistair Duff
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: 30 days
Total value paid:
- within 30 days: £42,663,084 (49%)
- in 31 to 60 days: £9,221,683 (11%)
- in 61 days or more: £35,693,708 (41%)
Invoices paid:
- within 30 days: 78%
- in 31 to 60 days: 16%
- in 61 days or more: 6%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £38,597,341
- payments due in the reporting period which have not been paid within the agreed period: 27%
- not made in the reporting period due to a dispute: 4%
Payment terms
Shortest standard payment periods
14 days
Longest standard payment period
120 days
Standard payment terms
Standard Payment Terms
Mowi Feed Scotland Ltd has standard payment terms of 30 days from invoice date. This applies to majority of suppliers, but excludes raw material suppliers, and covers both operational expenditure and capital expenditure. Raw material suppliers range from Cash Against Documents to 120 days. Vessel costs are normally under 14 days.
Mowi Feed Scotland Ltd has agreed shorter payments terms under the following circumstances:
• Local small suppliers
• Where a capital project has been negotiated to enable competitive pricing
• Specific item purchases
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
120 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
A dispute on payment would arise if the purchased item did not meet the standards required, arrived damaged or was not fit for purpose. The requisitioner would attempt to resolve the dispute with the supplier and may withhold some / all of the payment due – the supplier would be informed by phone. The requisitioner would report any unresolved dispute and the reason to their line manager in the first instance who would, in turn, make a recommendation to the Finance Director.
Decisions on withholding payments are made by the Finance Director.
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