Score of 98.3/100 qualifies for PaymentCheck Certification
MASTERMELT LIMITED demonstrates an exceptionally strong payment trend, with an average settlement time of just 9 days, well ahead of standard 30-day terms. A 99% within-30-day payment rate indicates highly consistent and disciplined payment behaviour with virtually no deviation from prompt settlement. The 1% falling within the 31–60 day bracket is negligible and does not suggest any meaningful deterioration in payment performance.
Payment behaviour is highly predictable, with zero instances of late payments and zero payments exceeding 60 days, reflecting a stable and low-risk customer profile. The near-perfect consistency across all payment brackets indicates minimal exposure to cash flow disruption or payment delays for suppliers. There are no identifiable volatility flags in the available data that would warrant concern.
MASTERMELT LIMITED represents a very low-risk trading partner, and suppliers can engage with high confidence based on this payment profile. The 9-day average settlement time suggests strong liquidity and a proactive approach to managing supplier relationships. Standard payment terms are recommended without the need for additional risk mitigation measures such as prepayment requirements or credit insurance.
| 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 Sept 2025 - 28 Feb 2026 | 01 Jun 2026 | 9 | 99% | 1% | 0% | 0% |
| 01 Mar 2025 - 31 Aug 2025 | 04 Dec 2025 | 17 | 98% | 1% | 1% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
NEXT PAYMENTS FOR METAL PURCHASES IS NORMAL
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
dISCUSSION AND AGREEMENT WITH SUPPLIERS - VERY RARE
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
Mastermelt Limited is the original UK operating company within the Mastermelt Group, formed in 1985 in London's Hatton Garden to serve the jewellery trade. It provides melt and assay services and manufacturing material processing, along with reclamation of precious metals from by-products, residues, production scrap and end-of-life items across industry. The wider Mastermelt Group, of which this entity is part, operates additional recycling and refining facilities in Germany, Singapore and the UAE, serving sectors including pharmaceuticals, chemicals, jewellery, green energy and advanced manufacturing. The London company's core role remains precious metal melting, assaying and reclamation services for jewellery and industrial waste streams.
Generated from the company's website and Companies House records. Sources: mastermeltgroup.com