| 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 | 30 Jan 2026 | 28 | 56% | 41% | 3% | 50% |
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 26 | 60% | 38% | 2% | 43% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 25 | 61% | 39% | 0% | 45% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 27 | 56% | 42% | 1% | 48% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 29 | 51% | 46% | 3% | 54% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 28 | 51% | 46% | 3% | 54% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 24 | 63% | 36% | 1% | 41% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Spectron Services Ltd ('SSL') deals on third party suppliers’ terms rather than its own and therefore does not have standard payment terms, nor does it require that particular sets of payment terms are included in third party supplier contracts depending on the supplier’s size. SSL does however generally engage with third party suppliers on the following terms: (a) a payment period of 30 days of receipt of the relevant invoice; (b) payment of interest at the rate specified by the supplier in the relevant supplier agreement; and (c) submission to settlement discussions/the English courts (as provided for under the relevant supplier agreement) to determine any dispute if such cannot be resolved amicably between SSL's Accounts Payables and Legal departments and the relevant supplier.
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
SSL deals on third party suppliers’ terms rather than its own. Invoices must be made out to the correct company name and address and sent via email to the Accounts Payables department; any invoice queries are then directed to the relevant person within the business. Disputes are resolved per the process set out in the relevant supplier agreement involving SSL’s Accounts Payables and Legal departments and the relevant supplier. Any dispute would be governed by the governing law/jurisdiction clause in the relevant supplier agreement which is generally English law/English courts.
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.
❌
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
Spectron Services Limited is registered in London and its SIC classification points to financial intermediation activities. Evidence gathered under the associated Marex brand describes a diversified global financial services platform connecting clients to energy, commodity and financial markets. The wider group provides liquidity, market access, hedging and investment solutions, along with clearing and execution services across commodities, metals and financial markets, supported by an in-house technology platform. This entity appears to form part of that broader group structure rather than operating as a distinct customer-facing brand itself. No further standalone trading detail for this specific registered company was found in the evidence provided.
Generated from the company's website and Companies House records. Sources: marexspectron.com