MASTEK (UK) LTD.
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
- Website
- https://mastek.com/
- 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
Payment Timeline
Payment Features
Payment Score History
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 21 | 85% | 12% | 3% | 25% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 15 | 89% | 8% | 3% | 25% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 24 | 85% | 12% | 3% | 27% |
| 01 Mar 2023 - 30 Sept 2023 | 31 Oct 2023 | 26 | 82% | 15% | 3% | 19% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 27 | 76% | 20% | 4% | 25% |
| 01 Oct 2021 - 31 Mar 2022 | 30 Apr 2022 | 28 | 74% | 21% | 4% | 27% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 27 | 74% | 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.
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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.
❌
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.