Industry ranking
Score of 88.37/100 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 | 28 Jan 2025 | 17 | 78% | 21% | 1% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 20 | 77% | 20% | 3% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 20 | 83% | 13% | 4% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 18 | 84% | 13% | 3% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 18 | 84% | 12% | 4% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 22 | 74% | 18% | 8% | 1% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 33 | 72% | 18% | 10% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 17 | 80% | 11% | 9% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 16 | 88% | 7% | 4% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 18 | 84% | 11% | 5% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 18 | 84% | 10% | 6% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 18 | 81% | 10% | 9% | 2% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 19 | 81% | 10% | 9% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 29 | 82% | 11% | 7% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
It is the Company's Policy to agree appropriate payment terms with the Suppliers for each transaction / series of transactions and to comply with these terms based on the timely submission of a satisfactory invoice.
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
60
The Company always deals with their Suppliers in a professional and honest manner, whilst enduring the best value for the business. We aim to resolve queries as soon as possible and to everyone's satisfaction. If the query cannot be resolved by our Accounts Payable Team, it would be referred to the relevant Manager to resolve as soon as possible
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Meridian Business Support Limited is a UK company registered in Manchester and classified under temporary employment agency activities. Companies House records show it was originally incorporated as Recruitment Associates Limited in 1989, later renamed STM Recruitment Ltd, before adopting its current name. Its registered SIC code and industry tags confirm it operates within recruitment and staffing, providing temporary employment agency services rather than permanent placement or wider HR consultancy. No further detail on specific client sectors, branch locations or service scope is available from the supplied evidence. The company remains active, with no indication of dissolution or group restructuring beyond the historical name changes recorded at Companies House.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk