Industry ranking
Score of 83.52/100 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 Sept 2025 - 28 Feb 2026 | 20 May 2026 | 26 | 73% | 23% | 4% | 3% |
| 01 Mar 2025 - 31 Aug 2025 | 16 Sept 2025 | 25 | 76% | 20% | 4% | 14% |
| 01 Sept 2024 - 28 Feb 2025 | 01 Sept 2025 | 24 | 75% | 23% | 2% | 11% |
| 01 Mar 2024 - 31 Aug 2024 | 23 Sept 2024 | 18 | 78% | 21% | 1% | 11% |
| 01 Sept 2023 - 29 Feb 2024 | 20 Mar 2024 | 12 | 81% | 18% | 1% | 10% |
| 01 Sept 2022 - 31 Aug 2023 | 17 Oct 2023 | 22 | 75% | 24% | 1% | 24% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are agreed with suppliers and subcontractors as part of contract negotiations. The most frequently used payment terms in the reporting period were 30 days.
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
We are committed to acting fairly with our supply chain and so any disputes are considered and dealt in a timely manor by the finance and commercial teams of the business.
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
MTX Contracts Limited is a private limited company registered in England, incorporated in August 2002. Companies House records its nature of business under SIC code 43999, which covers other specialised construction activities not classified elsewhere. The company remains active, files annual accounts and confirmation statements, and has registered a charge against its assets. No further first-party description of its specific services, projects or client base has been located in the available evidence, so this summary is limited to the classification and registered status confirmed through official filings.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk