Score of 93.9/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 18 | 95% | 4% | 1% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days with infrequent exceptions where the payment terms for a specific supplier engagement have been negotiated to a period of less than 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
We have a generic email address that is manned by a Help Desk team. We are rolling out a supplier portal to allow suppliers to self-serve for queries on invoices/payment.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
MARKEL INTERNATIONAL SERVICES LIMITED is an active private limited company focused on providing a range of services with an international scope.
The company was incorporated on 30 May 1968 and is registered in the UK under company number 00932977. Its registered office is located at 20 Fenchurch Street, London, EC3M 3AZ.
As a private limited company specialising in services, this type of entity typically provides professional expertise, business support, and various specialised solutions to its clientele within the UK market.