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# Lichfield business recognised with fair payment award
- URL: https://lichfieldlive.co.uk/lichfield-business-recognised-with-fair-payment-award/
- Published: 2025-03-07T08:01:00.000Z
- Updated: 2025-03-06T19:34:45.000Z
- Description: A Lichfield digital marking agency has been recognised for efforts to pay suppliers on time.
- Author: Lichfield Live
- Tags: Business, #wp, #wp-post, #Import 2026-07-22 18:49, News

A LICHFIELD digital marking agency has been recognised for efforts to pay suppliers on time.

Cocoonfxmedia Ltd scooped the Fair Payment Code Gold Award for paying at least 95% of invoices within 30 days.

It is one of the first 100 businesses to be given the accolade.

The company’s co-founder James Blackman said:

> “I have been working closely with the last three Small Business Commissioners to help level the playing field for micro-businesses.  
>  
> “Ensuring timely payments is crucial for the survival of small businesses.  
>  
> “Receiving the Gold Award is a testament to our ethical approach to business and our commitment to supporting a fairer business environment.  
>  
> “We believe that every business should aim to pay all their suppliers in 30 days – it just makes sense and it helps drive growth”