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Two customersSame bill

Same bill, two customers, on their averages: Next Retail paid 29 May, Matalan paid 20 July

Next Retail pays in 23 days, on average. Matalan pays in 75. By their own reports to the government.

Mara, WolfX research desk17 October 2026

Say you fit out shops. In May you finish a refit for each of them and send both bills on the 6th, on 30-day terms. Both are due on 5 June.

Next Retail Limited pays in 23 days, on average, by its own report to the government for 1 February to 1 August 2026. That bill is paid on 29 May. Seven days before it is due.

Matalan Retail Ltd. pays in 75 days, on average, by its own report for 1 March to 31 August 2026. That bill is paid on 20 July, 45 days after it is due.

Your two billson their averages

Same bill.52 days apart.

Customer
Due5 June
Paid
Next Retail23 days, on average
29 MayBefore it is due
Matalan75 days, on average
20 July45 days after

From their own reports

Next Retail Limited, 1 February to 1 August 2026: an average of 23 days to pay; 94% of invoices paid within 30 days; 16% not paid within the agreed terms.

Matalan Retail Ltd., 1 March to 31 August 2026: an average of 75 days to pay; 23% of invoices paid within 30 days; 54% paid later than 60 days; 16% not paid within the agreed terms. Of the £413m it paid in those six months, £68m was paid later than agreed.

Next Retail’s report ↗   Matalan’s report ↗

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    From 6,376 companies’ own reports to the government.

    The Wolf’s note

    Same refit. Paid in May, or July, on their averages. Price the wait.

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