| 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 |
|---|---|---|---|---|---|---|
| 29 Jun 2025 - 03 Jan 2026 | 03 Mar 2026 | 37 | 47% | 44% | 9% | 40% |
| 29 Dec 2024 - 28 Jun 2025 | 03 Mar 2026 | 44 | 12% | 47% | 41% | 34% |
| 30 Jun 2024 - 28 Dec 2024 | 03 Mar 2026 | 43 | 19% | 43% | 38% | 74% |
| 31 Dec 2023 - 29 Jun 2024 | 03 Mar 2026 | 45 | 23% | 66% | 11% | 66% |
| 02 Jul 2023 - 30 Dec 2023 | 03 Mar 2026 | 43 | 20% | 70% | 10% | 10% |
| 01 Jan 2023 - 01 Jul 2023 | 03 Mar 2026 | 50 | 16% | 65% | 19% | 84% |
| 03 Jul 2022 - 31 Dec 2022 | 03 Mar 2026 | 44 | 28% | 60% | 12% | 71% |
| 02 Jan 2022 - 02 Jul 2022 | 03 Mar 2026 | 44 | 32% | 54% | 14% | 66% |
| 04 Jul 2021 - 01 Jan 2022 | 03 Mar 2026 | 52 | 22% | 56% | 22% | 77% |
| 03 Jan 2021 - 03 Jul 2021 | 03 Mar 2026 | 187 | 0% | 0% | 100% | 100% |
| 28 Jun 2020 - 02 Jan 2021 | 03 Mar 2026 | 430 | 0% | 0% | 100% | 100% |
| 29 Dec 2019 - 28 Jun 2020 | 03 Dec 2025 | 52 | 16% | 62% | 22% | 45% |
| 29 Dec 2019 - 27 Jun 2020 | 03 Mar 2026 | 562 | 0% | 0% | 100% | 100% |
| 30 Dec 2018 - 29 Jun 2019 | 29 Jul 2019 | 58 | 10% | 82% | 8% | 10% |
| 31 Dec 2017 - 29 Dec 2018 | 30 Jan 2019 | 50 | 10% | 89% | 1% | 10% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days EOM terms would cover approx. 90% of our suppliers.
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
Email/ Phone call communication with supplier form accounts team.
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
MTCE Limited is a UK-registered company associated with Multimatic, a global automotive supplier headquartered near Toronto, Canada. Companies House records list its business as manufacture of motor vehicles and vehicle parts, engineering activities and technical testing and analysis. Multimatic's wider group designs and produces automotive components, systems, complete vehicles and engineering services for OEM customers, with manufacturing, engineering and support facilities across North America, Europe and Asia-Pacific, including operations in the United Kingdom. Group activities span vehicle mechanisms, structures and suspension components, low-volume vehicle production, engineering and testing services, and motorsports. MTCE Limited represents part of this group's UK presence, rather than an independent trading operation with its own separately described activities.
Generated from the company's website and Companies House records. Sources: multimatic.com · multimatic.com