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.
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.
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.
| 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 | 30 Jan 2026 | 28 | 93% | 6% | 1% | 27% |
| 01 Jan 2025 - 30 Jun 2025 | 16 Sept 2025 | 38 | 17% | 67% | 16% | 59% |
| 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% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days for SME vendors 40 days for non-SME vendors
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
45
Any disputes or complaints are handled on a case by case basis by our dedicated Accounts Payable team, in a timely manner.
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
MUFG Corporate Markets (UK) Limited is the UK entity of MUFG Corporate Markets, part of the global MUFG financial group. The wider group provides share and unit registry (transfer agency) services, employee share plan administration, custody and fund administration, investor relations support, corporate governance and company secretarial services, proxy solicitation, debt issuer services and treasury advisory, connecting listed and unlisted issuers with their shareholders. Globally the group serves thousands of issuers and around 150 million shareholders across twelve countries, including the UK. The UK company operates within this structure, supporting corporate clients with registry, governance, investor communication and related capital markets administration services rather than trading independently under its own separate brand.
Generated from the company's website and Companies House records. Sources: linkmarketservices.com.au