LINK MARKET SERVICES LIMITED
Company Information
- Company Number
- 02605568
- Registered Address
- Central Square, 29 Wellington Street, Leeds, United Kingdom, LS1 4DL
- Status
- Active
- Employee Count
- 483
- Turnover
- £46,470,000
- EBITDA
- £11,506,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 April 1991
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Software
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for LINK MARKET SERVICES LIMITED to pay invoices to their suppliers has fluctuated over the past three periods. In 2018, the average time was 41 days, which decreased to 33 days in 2019, but then increased to 59 days in 2020 before decreasing again to 24 days in 2021. It then increased to 38 days in 2022 and decreased slightly to 37 days in 2023.
Volatility Analysis
The percentage of invoices paid within 30 days has also varied over the past three periods. In 2018, 66% of invoices were paid within 30 days, which decreased to 62% in 2019, but then increased to 77% in 2020. However, in 2021 and 2022, the percentage decreased to 37% and 45% respectively, before increasing slightly to 31% in 2023.
Summary Analysis
In summary, LINK MARKET SERVICES LIMITED has seen fluctuations in their average time to pay invoices and in the percentage of invoices paid within 30 days. However, the percentage of invoices paid later than 60 days has seen the most significant changes, with a sharp increase in 2019 and then a decrease in 2020 before increasing again in 2021 and then decreasing in 2022 and 2023.
Performance Reports History
| 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 Jun 2024 - 31 Dec 2024 | 05 Jun 2025 | 42 | 30% | 57% | 13% | 18% |
| 01 Jan 2024 - 30 Jun 2024 | 05 Jun 2025 | 34 | 49% | 43% | 8% | 28% |
| 01 Jul 2023 - 31 Dec 2023 | 11 Mar 2024 | 34 | 43% | 55% | 2% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 19 Sept 2023 | 37 | 31% | 65% | 4% | 18% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Mar 2023 | 34 | 48% | 45% | 7% | 38% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 37 | 45% | 42% | 13% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 40 | 42% | 43% | 15% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 39 | 37% | 55% | 8% | 35% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 38 | 33% | 60% | 7% | 23% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 24 | 73% | 22% | 5% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 16 | 77% | 17% | 6% | 16% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 59 | 6% | 25% | 69% | 38% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 33 | 62% | 25% | 13% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 41 | 66% | 23% | 11% | 9% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Small suppliers and contractors are paid on 30 day terms. Medium and large suppliers on 40 days terms.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
40
Dispute Resolution Process
Any disputes or complaints are handled on a case by case basis by our dedicated Accounts Payable team, in a timely manner.
Other Payment Information
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
Company Summary
Link Market Services Limited is a leading provider of financial and corporate services, with a focus on sustainability and responsible business practices. The company was founded in 1991 and is headquartered in London, with offices in various locations around the world.
Their sustainability program is a key aspect of their operations, with a commitment to reducing their environmental impact and promoting social responsibility. This includes initiatives such as reducing paper usage, promoting recycling and implementing energy-efficient practices.
Link Market Services Limited offers a range of products and services, including shareholder management, share registry, employee share plans, and corporate governance solutions. They also provide investor relations and corporate communications services to help companies effectively engage with their stakeholders.
The company's leadership team is made up of experienced professionals with a strong track record in the financial and corporate services industry. The CEO, John McMurtrie, has been with the company since 2004 and has over 30 years of experience in the sector.
For more information about Link Market Services Limited and their services, you can visit their website at www.linkmarketservices.co.uk. Their registered office address is The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU, United Kingdom.
In summary, Link Market Services Limited is a reputable company that is committed to sustainability and providing high-quality financial and corporate services. With a strong leadership team and a focus on responsible business practices, they are a trusted partner for companies looking to effectively manage their shareholder and stakeholder relationships.
