The data for Marsh & McLennan Companies UK Limited shows a consistent trend of decreasing average time to pay invoices over the past five years. This can be seen by the decreasing percentages of invoices paid later than 60 days and increasing percentages of invoices paid within 30 days.
The data for Marsh & McLennan Companies UK Limited shows some volatility in the percentage of invoices paid within 30 days and the percentage of invoices paid between 31 and 60 days, with some fluctuations between periods. However, the overall trend is still a decrease in the average time to pay invoices.
Between the start date of Jan 1st 2020 and the end date of Dec 31st 2022, Marsh & McLennan Companies UK Limited has shown a consistent trend of decreasing average time to pay invoices. In the most recent period of Jan 1st 2023 to Jun 30th 2023, the company has continued this trend with the lowest average time to pay invoices seen in the past three periods. Additionally, the company has seen a significant improvement in the percentage of invoices paid within 30 days, with an increase of 8.3% compared to the previous period. However, the percentage of invoices paid later than 60 days has also increased slightly, which may require further attention to ensure timely payments to suppliers.
| 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 2023 - 31 Dec 2023 | 29 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 |
Marsh McLennan Companies UK Limited is registered as a UK head office entity within the Marsh McLennan group, with SIC code 70100 covering head office activities. The wider Marsh McLennan group, recently rebranded as Marsh from January 2026, is a global professional services firm advising clients in around 130 countries across risk and insurance broking, reinsurance and capital, people and investments (including health, benefits and retirement), and management consulting. The group states this is a brand change rather than a change to its business structure, with existing client teams and contracts continuing. This UK company itself functions as a head office or holding entity supporting the group's activities rather than trading directly with clients.
Generated from the company's website and Companies House records. Sources: marshmclennan.com