MULTIMATIC U.K. LIMITED posts an average payment time of 31 days, sitting just at the boundary of the standard 30-day threshold. The payment distribution shows that 63% of invoices are settled within 30 days, while a notable 30% fall into the 31–60 day band, indicating a consistent pattern of marginal delays rather than severe delinquency. The 7% of payments exceeding 60 days, though relatively small, suggests occasional but recurring instances of significant payment stretch.
With 35% of payments classified as late, MULTIMATIC U.K. LIMITED demonstrates a meaningful level of payment unreliability that suppliers should not overlook. The concentration of late payments in the 31–60 day band suggests a predictable drift beyond terms rather than erratic or unpredictable behaviour, which offers some degree of planning visibility. However, the combination of a 35% late rate and a 7% over-60-day proportion introduces tangible cash flow risk, particularly for suppliers operating on tight liquidity margins.
Overall, MULTIMATIC U.K. LIMITED presents a moderate payment risk profile — not a high-risk client, but one that routinely misses standard 30-day terms for a significant minority of invoices. Suppliers should factor an effective payment window of 31–45 days into their cash flow planning when engaging with this company. To mitigate risk, consider incorporating early payment discount incentives, tightening credit limits, or including contractual late payment interest clauses to encourage adherence to agreed terms.
| 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 | 16 Feb 2026 | 41 | 39% | 48% | 13% | 38% |
| 01 Jan 2025 - 30 Jun 2025 | 16 Feb 2026 | 20 | 72% | 25% | 3% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Feb 2026 | 31 | 61% | 27% | 12% | 35% |
| 01 Jan 2024 - 30 Jun 2024 | 16 Feb 2026 | 31 | 63% | 30% | 7% | 35% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days end of month would cover approximately 90% of 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 from 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.
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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
MULTIMATIC U.K. LIMITED is a private limited company operating in the United Kingdom. The company forms part of the broader Multimatic group, which is an organisation focused on automotive engineering and manufacturing solutions.
MULTIMATIC U.K. LIMITED was incorporated on 22 June 1994 and holds company registration number 02941507 with Companies House. The company is based in the East of England, with its registered office located care of Birketts LLP at Kingfisher House, 1 Gilders Way, Norwich, Norfolk, NR3 1UB.
Private limited companies operating within the automotive engineering sector in the UK provide a range of specialist services including vehicle systems development, advanced manufacturing, and engineering consultancy. Such organisations typically work alongside major automotive manufacturers to deliver precision-engineered components, chassis systems, and specialist vehicle assembly solutions.
With over three decades of presence in the UK market since its incorporation in 1994, MULTIMATIC U.K. LIMITED maintains an active status on the Companies House register, reflecting its continued operation within the British business landscape.