| 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 2025 - 31 Dec 2025 | 02 Feb 2026 | 54 | 9% | 61% | 30% | 10% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 48 | 12% | 70% | 18% | 13% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 51 | 11% | 69% | 20% | 20% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 55 | 12% | 65% | 23% | 46% |
| 01 Jul 2023 - 31 Dec 2023 | 06 Feb 2024 | 56 | 12% | 61% | 26% | 45% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 61 | 12% | 63% | 25% | 26% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 54 | 11% | 65% | 24% | 33% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 57 | 10% | 58% | 32% | 64% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 57 | 10% | 58% | 32% | 64% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 59 | 10% | 55% | 35% | 74% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 64 | 11% | 45% | 44% | 69% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 52 | 13% | 67% | 20% | 57% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 54 | 9% | 66% | 25% | 71% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 55 | 9% | 68% | 24% | 63% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
McLaren standard terms vary mainly due to terms having been changed over the years. Generally Suppliers are set up as EOM +60. During the tender process these standard terms are at times changed to facilitate contract negotiations. In this reporting period we have 10 types of Terms ranging from Immediate to EOM plus 60, the most recent contracts are generally set up as EOM + 60.
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
92
Email and telephone resolution Not had any dispute leading to legal services needing to be involved
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
MCLAREN SERVICES LIMITED is a UK-based company that provides a range of services to various industries. They are committed to sustainability and have implemented a sustainability program to reduce their environmental impact.
The company offers a variety of services, including project management, engineering, and consultancy services. Their services cater to the construction, infrastructure, energy, and transportation sectors. They also offer specialist services in areas such as fire engineering and digital solutions.
MCLAREN SERVICES LIMITED has a team of highly skilled and experienced professionals who are dedicated to providing quality services to their clients. Their key people include the Managing Director, Operations Director, and Finance Director.
In terms of sustainability, the company has set targets to reduce their carbon footprint, increase energy efficiency, and promote sustainable practices in their operations. They also work closely with their clients to help them achieve their sustainability goals.
Some of the products and services offered by MCLAREN SERVICES LIMITED that promote sustainability include sustainable building design, renewable energy solutions, and waste management strategies. They also have a strong focus on using sustainable materials and implementing green construction practices.
To contact MCLAREN SERVICES LIMITED, you can visit their website at www.mclaren.com or reach out to their registered office at 35 Great St Helen's, London, EC3A 6AP. Overall, MCLAREN SERVICES LIMITED is a leading company in the UK, committed to providing sustainable solutions to their clients and minimizing their environmental impact.
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