PAYSTREAM MY MAX 2 LIMITED

PaymentCheck Score 2025
97Excellent
0.5vs last year
#334 in UK
#41 in Professional Services
#21 in North West

Company Information

Company Number
06451955
Registered Address
Mansion House, Manchester Road, Altrincham, Cheshire, WA14 4RW
Status
Active
Employee Count
4,352
Turnover
£341,466,000
EBITDA
£1,245,000

Additional Details

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

Time to Pay

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

Payment Timeline

Within 30 Days
87%
31-60 Days
11%
After 60 Days
2%
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 20251592%5%3%0%
01 Oct 2023 - 31 Mar 202426 Apr 20241293%5%2%0%
01 Apr 2023 - 30 Sept 202319 Oct 2023694%4%2%2%
01 Apr 2022 - 30 Sept 202228 Oct 20222283%3%14%9%
01 Apr 2021 - 30 Sept 202125 Oct 20211491%4%5%5%
01 Oct 2020 - 31 Mar 202129 Apr 2021992%4%4%0%
01 Apr 2019 - 30 Sept 201924 Oct 20191585%11%4%10%

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 2 LIMITED is a UK-based company that provides a variety of services and products, with a focus on sustainability. The company's sustainability program is at the core of its operations, and it strives to reduce its environmental impact while delivering high-quality services to its clients.

The company offers a range of services, including payroll management, tax advice, and accounting solutions for contractors and small businesses. These services are designed to help clients save time and money, while also ensuring compliance with regulations.

PAYSTREAM MY MAX 2 LIMITED's sustainability program includes initiatives such as recycling, reducing energy consumption, and using eco-friendly materials in its operations. The company also partners with sustainable suppliers and promotes sustainable practices to its clients.

The key people behind PAYSTREAM MY MAX 2 LIMITED are its directors, David Hughes and Paul Malley. They have a wealth of experience in the financial and accounting industry, and are committed to driving the company's sustainability goals.

The company's website address is www.paystream.co.uk, where clients can find more information about its services and sustainability efforts. Its registered office address is 5 Jupiter House, Calleva Park, Aldermaston, Reading, RG7 8NN, United Kingdom.

In summary, PAYSTREAM MY MAX 2 LIMITED is a UK-based company that offers a range of sustainable services and products, with a focus on reducing its environmental impact. Its dedicated team of directors and commitment to sustainability make it a reliable choice for clients looking for financial and accounting solutions.

Financial Metrics

Cash
£22,888,000
Net Worth
£1,390,000
Total Current Assets
£73,921,000
Total Current Liabilities
£72,480,000

Company Location