PAYSTREAM MY MAX LIMITED

PaymentCheck Score 2025
97Excellent
1.6vs last year
#319 in UK
#39 in Professional Services
#20 in North West

Company Information

Company Number
06042225
Registered Address
Mansion House, Manchester Road, Altrincham, Greater Manchester, WA14 4RW
Status
Active
Employee Count
22,213
Turnover
£2,365,097,000
EBITDA
£9,106,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 January 2007
Nature of Business
78200 - Temporary employment agency activities
Industries
Professional Services
Region
North West

Time to Pay

Average Time to Pay
15 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
93%
31-60 Days
7%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202529 Oct 20251996%4%0%0%
01 Oct 2023 - 31 Mar 202426 Apr 20241396%4%0%0%
01 Apr 2023 - 30 Sept 202319 Oct 2023599%1%0%0%
01 Apr 2022 - 30 Sept 202228 Oct 2022898%2%0%2%
01 Apr 2021 - 30 Sept 202125 Oct 2021799%1%0%1%
01 Oct 2020 - 31 Mar 202129 Apr 2021698%2%0%2%
01 Apr 2019 - 30 Sept 201924 Oct 20191399%1%0%1%

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

The business honours the payment terms provided by suppliers wherever possible. If payment terms are not specified by the supplier then the following standard payment terms will apply. Small and medium size businesses 14 days from date of invoice, large businesses 30 days from date of invoice.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

The first point of contact regarding disputes is the Finance Team based at PayStream Head Office in Altrincham. If the query can not be easily resolved it is referred on to the relevant department manager or director. There is an expectation that queries will be resolved within 14 days.

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

PAYSTREAM MY MAX LIMITED is a UK-based company that offers financial and accounting services to contractors and freelancers. The company was founded in 2000 and is headquartered in Wilmslow, Cheshire.

The company's main activity is to provide a comprehensive range of services, including invoicing, tax returns, payroll, and insurance, to contractors and freelancers. They also offer a specialized service for self-employed individuals to help them manage their finances efficiently.

PAYSTREAM MY MAX LIMITED has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. They have introduced paperless processes, use renewable energy sources, and actively promote recycling within their office.

The company's key people include the Managing Director, Paul Malley, who has over 20 years of experience in the financial services industry. The Operations Director, Simon Curry, has been with the company since its inception and has extensive knowledge and expertise in contractor accounting.

PAYSTREAM MY MAX LIMITED can be contacted through their website, which also provides information on their services and pricing. Their registered office address is 6th Floor, Churchgate House, 56 Oxford Street, Manchester, M1 6EU.

In conclusion, PAYSTREAM MY MAX LIMITED is a financial and accounting services company that prides itself on its sustainability efforts and providing efficient and reliable services to contractors and freelancers. With a team of experienced professionals and a commitment to sustainability, the company continues to be a leading player in the industry.

Financial Metrics

Cash
£121,524,000
Net Worth
£4,664,000
Total Current Assets
£340,947,000
Total Current Liabilities
£336,277,000

Company Location