MASTEK (UK) LTD.

PaymentCheck Score 2025
88Good
0.1vs last year
#1096 in UK
#21 in Software
#190 in South East

Company Information

Company Number
02731277
Registered Address
100 Brook Drive, Green Park, Reading, England, RG2 6UJ
Status
Active
Employee Count
512
Turnover
£124,190,000
EBITDA
£24,679,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 July 1992
Nature of Business
62012 - Business and domestic software development
Industries
Software
Region
South East

Time to Pay

Average Time to Pay
25 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
73%
31-60 Days
25%
After 60 Days
2%
Not Paid Within Terms37%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20252185%12%3%25%
01 Oct 2024 - 31 Mar 202530 Apr 20251589%8%3%25%
01 Oct 2023 - 31 Mar 202425 Apr 20242485%12%3%27%
01 Mar 2023 - 30 Sept 202331 Oct 20232682%15%3%19%
01 Apr 2022 - 30 Sept 202231 Oct 20222776%20%4%25%
01 Oct 2021 - 31 Mar 202230 Apr 20222874%21%4%27%
01 Apr 2021 - 30 Sept 202129 Oct 20212774%21%5%26%

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

Standard payment terms are 30 days after receipt of valid 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

30

Dispute Resolution Process

If Mastek disputes the invoice provided to it, it must notify the vendor of the dispute within thirty (30) days of receipt of the invoice. The Parties shall work together in good faith to resolve any such dispute. Any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with the agreement or its subject matter or formation shall be governed by and construed in accordance with the law of England and Wales.

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

MASTEK (UK) LTD is a leading technology solutions provider based in the United Kingdom. Founded in 1982, the company has been delivering innovative and sustainable solutions to its clients for over 30 years.

The company's sustainability program is focused on reducing their carbon footprint and promoting environmental responsibility. MASTEK (UK) LTD has implemented various initiatives such as energy-efficient practices, waste reduction, and the use of sustainable materials in their products and services.

MASTEK (UK) LTD offers a wide range of products and services to their clients, including software development, digital transformation, and data analytics. They cater to various industries such as banking, insurance, healthcare, and government agencies.

The key people behind MASTEK (UK) LTD's success are its dedicated team of professionals who are well-versed in the latest technologies and trends. Their leadership team is led by Mr. John Owen, the Managing Director, and Mr. Rajesh Uppal, the Chief Executive Officer.

To contact MASTEK (UK) LTD, one can visit their website at www.mastek.com or reach out to their registered office at 1st Floor, 4 Victoria Square, St Albans, Hertfordshire, AL1 3TF. The company also has offices in London, Leeds, and Edinburgh, making it easily accessible for its clients across the UK.

In conclusion, MASTEK (UK) LTD is a reputable and sustainable technology solutions provider with a strong focus on delivering quality services while being environmentally responsible. With their experienced team and wide range of products and services, they continue to be a trusted partner for businesses looking to embrace digital transformation.

Financial Metrics

Cash
£6,621,973
Net Worth
£113,685,653
Total Current Assets
£36,314,917
Total Current Liabilities
£30,936,818

Company Location