Marshall Land Systems Ltd has an average payment time of 42 days, sitting 12 days beyond the standard 30-day benchmark, indicating a consistent tendency toward slower settlement. Only half of invoices are paid within 30 days, while a notable 16% extend beyond 60 days, suggesting a payment cycle that skews late rather than improving toward prompt settlement. The distribution across all three time bands points to a fragmented payment pattern rather than a concentrated delay at any single point.
With 28% of payments classified as late and invoices spread across all payment windows, Marshall Land Systems Ltd presents a moderately high degree of payment unpredictability, making cash flow forecasting difficult for suppliers. The 16% over-60-day proportion is a particular concern, as it indicates a recurring subset of invoices that face significant delays, potentially due to internal approval bottlenecks or dispute handling. This inconsistency reduces reliability and elevates the risk of carrying aged receivables.
Marshall Land Systems Ltd represents a medium-to-high payment risk profile, and suppliers should factor in likely payment beyond 30 days when managing working capital exposure. It is advisable to implement clear payment terms in contracts, apply late payment interest clauses, and monitor invoice aging proactively rather than waiting for overdue escalation. For higher-value transactions, requesting partial upfront payment or shorter milestone-based billing cycles would help reduce exposure to the 28% late payment rate.
| 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 42 | 50% | 34% | 16% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company has standard payment terms of 60 days from invoice date. The Company may negotiate specific terms with individual suppliers. Supplier payments are made on a fixed weekly or bi-weekly dates depending on transactional currency.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
The Company addresses any payment disputes with suppliers on a case-by-case basis
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
Marshall Land Systems Ltd is a private limited company operating in the land systems sector. Based on its name, the company is involved in the development, integration, or support of land-based systems, which in the UK defence and engineering context relates to vehicle and equipment solutions for military or specialist ground applications.
The company is registered in England and Wales under company number 02661432 and holds active status on the Companies House register. Incorporated on 8 November 1991, Marshall Land Systems Ltd has been an established presence in its field for over three decades. The company is located in the East of England, with its registered office situated at Hangar 22 Offices, The Airport, Newmarket Road, Cambridge, Cambridgeshire, CB5 8TG.
Companies operating in the land systems sector in the UK typically provide services encompassing the design, engineering, conversion, and through-life support of specialist vehicles and platforms. This includes armoured vehicle integration, shelter and container systems, and the modification of commercial vehicles for defence and government applications. Such organisations often work in close partnership with government agencies, defence contractors, and allied forces.
Marshall Land Systems Ltd forms part of the broader Marshall group, a well-established Cambridge-based aerospace and defence organisation. The company's long-standing incorporation and active status reflect its continued role within the UK's defence and specialist engineering supply chain.