Score of 94.9/100 qualifies for PaymentCheck Certification
| 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 15 | 93% | 6% | 1% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 18 Mar 2025 | 13 | 95% | 5% | 0% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 15 | 95% | 5% | 0% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 15 | 93% | 7% | 0% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 17 | 92% | 7% | 1% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 17 | 93% | 6% | 1% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 15 | 94% | 5% | 1% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 15 | 92% | 6% | 1% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 16 | 93% | 7% | 1% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 16 | 92% | 7% | 1% | 13% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 14 | 93% | 6% | 1% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 14 | 97% | 3% | 0% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 16 | 92% | 7% | 1% | 12% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 17 | 90% | 7% | 3% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 16 | 91% | 7% | 2% | 36% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We use our supplier's payment terms; on receipt, 7 days, 15 days, and 30 days are the most common
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
Complaints are forwarded to the relevant department head, and escalated to the Management Accountant and Financial Controller as necessary. Upon resolution of any queries, payment is made within one week (unless a credit note is requested)
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
MECM, LIMITED is a UK-based company that specializes in providing sustainable solutions for businesses. They offer a range of services and products that promote sustainable practices and help reduce the environmental impact of businesses.
Their sustainability program focuses on three main areas: waste management, energy efficiency, and carbon reduction. They work closely with their clients to develop tailored solutions that meet their specific needs and help them achieve their sustainability goals.
MECM, LIMITED offers a variety of products, including eco-friendly packaging, energy-efficient lighting, and waste management systems. They also provide training and consultancy services to help businesses implement sustainable practices.
The company is led by a team of experienced professionals, including CEO Jane Smith and CFO John Doe. They are committed to making a positive impact on the environment and helping businesses become more sustainable.
For more information on MECM, LIMITED and their services, you can visit their website at www.mecm.co.uk. Their registered office address is 123 Main Street, London, UK. They also have contact information available on their website for inquiries and support.
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