MASTERCARD UK MANAGEMENT SERVICES LIMITED
Company Information
- Company Number
- 04617367
- Registered Address
- 7th Floor, 1 Angel Lane, London, England, EC4R 3AB
- Status
- Active
- Employee Count
- 848
- Turnover
- £219,629,000
- EBITDA
- £8,648,000
Additional Details
- Website
- https://ttservices.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 13 December 2002
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Financial Services,Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 | 26 | 80% | 17% | 3% | 37% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Jan 2025 | 16 | 94% | 6% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 11 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 12 | 93% | 7% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 13 | 88% | 12% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 12 | 99% | 1% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Aug 2021 | 12 | 95% | 5% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 22 | 88% | 7% | 5% | 28% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 19 | 96% | 3% | 1% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 21 | 91% | 5% | 4% | 18% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment should be made within 45 days of receipt of invoice.
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
Dispute Resolution Process
Under Mastercard’s standard terms, all undisputed and compliant invoices are paid in accordance with the agreed payment terms. In the event Mastercard disputes the amounts specified in any invoice, the supplier agrees to enter into good faith discussions to resolve any discrepancy or misunderstanding associated with such amounts (and also provide reasonable supporting documentation upon request).
Other Payment Information
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.
❌
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.
❌
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
Company Summary
MASTERCARD UK MANAGEMENT SERVICES LIMITED is a financial services company based in the United Kingdom. The company offers a range of products and services related to electronic payments and transaction processing.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. They have a comprehensive sustainability program that focuses on reducing their carbon footprint, promoting sustainable practices, and supporting social and community development.
MASTERCARD UK MANAGEMENT SERVICES LIMITED offers a variety of products and services including credit and debit cards, prepaid cards, and mobile payment solutions. They also provide merchant services and payment processing solutions for businesses of all sizes.
The company is led by a team of experienced professionals, including their managing director, Mark Barnett, and their head of government relations, Elliot Goldenberg.
For more information, customers can visit the company's website at https://www.mastercard.co.uk/en-gb.html or contact their registered office at 10 Upper Bank Street, Canary Wharf, London, E14 5NP. MASTERCARD UK MANAGEMENT SERVICES LIMITED is dedicated to providing high-quality financial services while also promoting sustainability and making a positive impact on the community.
