The trend for MACQUARIE GROUP INVESTMENTS (UK) NO.2 LIMITED's average time to pay invoices has been mostly stable over the past three periods, with a slight decrease from 2018-04-01 to 2018-09-30 and a slight increase from 2018-10-01 to 2019-03-31. Overall, there has been a 2.6% decrease in the average time to pay invoices between 2018-04-01 and 2019-09-30.
There has been minimal volatility in MACQUARIE GROUP INVESTMENTS (UK) NO.2 LIMITED's payment habits over the past three periods, with all percentages staying relatively consistent.
From 2018-04-01 to 2019-09-30, MACQUARIE GROUP INVESTMENTS (UK) NO.2 LIMITED's average time to pay invoices has decreased by 2.6%. The percentage of invoices paid within 30 days has remained consistently high, with an average of 97.3% over the three periods. The percentage of invoices paid between 31 and 60 days has also been consistently low, with an average of 1.8%. However, the percentage of invoices paid later than 60 days has slightly increased from 0.9% in 2018-04-01 to 1.3% in 2019-09-30. This could indicate a potential issue with delayed payments in the most recent period.
| 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 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 10 | 100% | 0% | 0% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | |||||
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from receipt of a valid invoice. In some circumstances Macquarie may agree to an alternative payment terms with a supplier based on a specific project, transaction, series of transactions or criticality.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Intercompany charges relating to the provision of back office services are settled immediately via intercompany funding hubs. As such, data relating to these charges has been excluded so as to accurately represent Macquarie’s payment practices.
Maximum contractual payment period agreed
30
Suppliers may raise queries directly with their Macquarie business contact or alternatively with the dedicated procurement support team referred to on Macquarie’s Supplier Portal – https://www.macquarie.com/uk/en/about/suppliers.html
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
MACQUARIE GROUP INVESTMENTS (UK) NO.2 LIMITED is a UK-based investment company that offers a wide range of financial services and products to its clients. The company is a subsidiary of Macquarie Group Limited, a global financial services provider based in Australia.
The sustainability program of MACQUARIE GROUP INVESTMENTS (UK) NO.2 LIMITED focuses on promoting responsible business practices and reducing environmental impact. The company has set targets to reduce carbon emissions and promote sustainable investments in its operations. It also supports various social and community initiatives through its charitable foundation.
The company offers a range of financial products and services, including investment banking, asset management, and wealth management. Its key products include investment funds, structured finance, and advisory services. The company caters to both individual and institutional clients, providing tailored solutions to meet their financial needs.
The key people at MACQUARIE GROUP INVESTMENTS (UK) NO.2 LIMITED include its managing director, who oversees the overall operations, and a team of experienced professionals who manage the different business areas. The company also has a strong corporate governance structure with a board of directors and various committees to ensure responsible and ethical decision-making.
For more information on the company's products and services, interested individuals can visit its website at www.macquarie.co.uk. The registered office address of MACQUARIE GROUP INVESTMENTS (UK) NO.2 LIMITED is Ropemaker Place, 28 Ropemaker Street, London, EC2Y 9HD, United Kingdom.