Be Fair, Pay on time!
In line with its ethical commitments, Maylarch is now a fully approved signatory of the Prompt Payment Code.
This initiative, administrated by the Chartered Institute of Credit Management on behalf of the Department for Business Innovation and Skills, is about encouraging and promoting best practice between organisations and their suppliers. To this date, 1,758 businesses across all sectors have committed to paying their suppliers within clearly defined terms, and also to ensuring there is a proper process for dealing with any issues that may arise.
The subject is regularly doing the headlines due to the crucial impact it can have on the long term future of businesses. Examples of recent articles can be found here or here.
Maylarch Environmental Ltd applies a 30 day payment policy and has been doing this for years. As a specialist contractor we know well that delayed payments can be a matter of life or death for a business.