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”
