Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
The data for MARS FOOD UK LIMITED shows a consistent trend of improving payment times over the past three periods. From 2018-2019, the average time to pay decreased by 16%, from 73 to 57 days. This trend continued into 2020, with a further decrease of 3%, and then stabilizing in 2021 and 2022. This shows a consistent effort from the company to make payments to suppliers in a timely manner.
The data for MARS FOOD UK LIMITED also shows a decreasing volatility in payment times. The percentage of invoices paid within 30 days has consistently increased over the past three periods, while the percentage of invoices paid later than 60 days has consistently decreased. This indicates that the company has been able to maintain more consistent payment times, with a smaller range of variation.
| 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 | 54 | 34% | 15% | 51% | 51% |
| 01 Jan 2022 - 30 Jun 2022 | 15 Jul 2022 | 54 | 31% | 49% | 20% | 8% |
| 01 Jul 2021 - 31 Dec 2021 | 09 Feb 2022 | 56 | 32% | 46% | 22% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 53 | 32% | 46% | 22% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 04 Mar 2021 | 54 | 34% | 45% | 21% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 53 | 31% | 48% | 21% | 9% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 58 | 28% | 48% | 24% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 57 | 31% | 47% | 22% | 11% |
| 01 Jul 2018 - 30 Dec 2018 | 25 Jan 2019 | 57 | 27% | 48% | 25% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 73 | 19% | 49% | 32% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
N/A
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
120
Suppliers are instructed to contact Genpact Helpdesk Team who provides services to Mars at mars.aphelpdesk.uk@effem.com. Helpdesk Team will aim to resolve any dispute within 2-5 working days
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
Mars Food UK Limited is a private limited company registered in Slough, incorporated in 2008 and previously named 3598TH Single Member Shelf Trading Company Limited before adopting its current name. Its registered nature of business is the manufacture of other food products not elsewhere classified, indicating a role in food manufacturing. Companies House records show it is controlled by Food Manufacturers (G.B. Company) and has had various Mars-related holding companies as persons with significant control, indicating it is part of the wider Mars group's UK food operations rather than an independent standalone trading brand. The entity's own filings do not describe specific products, but its SIC classification confirms a food manufacturing role within the group's UK structure.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk