| 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 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 44 | 61% | 21% | 18% | 39% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 47 | 56% | 22% | 22% | 44% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 43 | 57% | 27% | 16% | 42% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 43 | 64% | 21% | 15% | 36% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 54 | 55% | 18% | 27% | 44% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 days from receipt of invoice. http://www.mmc.com/suppliers.html
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
45
Helpdesks and contact details as well as process information available on www.mmc.com
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.
❌
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
This entity is Mercer Limited, the UK subsidiary within the global Mercer group, which is in the process of rebranding to Marsh as part of a wider corporate change. The group provides consultancy across health and benefits, retirement and pensions, investments, and workforce and rewards, including employee benefits strategy, talent management, executive compensation and HR transformation services. Registered in London, the company's stated business activity is other business support services, reflecting its role in advisory and consultancy work rather than manufacturing or product supply. Clients include employers and institutional bodies seeking support with human resources, retirement planning and investment-related advice, delivered through the wider Marsh People and Investments network.
Generated from the company's website and Companies House records. Sources: mercer.com · mercer.com · mercer.com