Millennium Capital Management Ltd. carries an average payment time of 34 days, placing it just above the standard 30-day benchmark and indicating a modest but consistent delay pattern. The majority of payments (69%) are settled within 30 days, yet a notable 31% fall outside this window, with 12% extending beyond 60 days, suggesting recurring late-payment episodes rather than isolated incidents. This distribution points to a payment profile that leans slightly slow, with a meaningful tail of significantly delayed transactions that suppliers should account for in cash flow planning.
The spread across payment brackets — 19% in the 31–60 day range and 12% beyond 60 days — reveals moderate-to-high variability in payment behaviour, making cash flow forecasting less predictable for suppliers. The 12% over-60-day rate is a particular concern, as it represents invoices that may require active chasing and could signal selective or prioritised payment practices by the company. Overall, the payment pattern lacks the consistency expected of a low-risk client, introducing meaningful uncertainty into revenue timing for suppliers reliant on prompt settlement.
Millennium Capital Management Ltd. presents a moderate credit risk profile, suitable for continued or new supply relationships only with appropriate safeguards in place. Suppliers should consider implementing tighter payment terms (e.g., Net 15 or Net 30 with clear late-payment penalties) and may benefit from requesting partial upfront payment on larger orders to offset the 31% late-payment rate. Close monitoring of invoice ageing and proactive follow-up at the 25-day mark are recommended to minimise the likelihood of invoices migrating into the over-60-day category.
| 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 | 34 | 69% | 19% | 12% | 31% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Generally, we aim to settle all invoices within 30 days of receipt.
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
45
The company will proactively engage with suppliers to resolve any payment disputes through direct dialogue and appropriate escalation procedures, ensuring fair and timely resolution of all matters.
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
Millennium Capital Management Ltd is a private limited company operating within the capital management and investment sector. The company's name reflects its focus on financial management services, positioning it within the professional services landscape of the United Kingdom.
The company was incorporated on 26 March 2002 and holds company registration number 04403936 with Companies House. Its registered office is located at 50 Berkeley Street, London, W1J 8HD, placing it within one of London's most established business districts.
Capital management firms of this type in the UK typically provide services encompassing investment management, portfolio advisory services, and asset allocation strategies for institutional and private clients. Such organisations operate within a regulatory framework overseen by the Financial Conduct Authority, delivering structured financial solutions to their client base.
With over two decades of operation since its incorporation, Millennium Capital Management Ltd represents an established presence within the UK's financial services sector. The company continues to operate as an active entity, maintaining its registered status with Companies House.