The average time taken for MAKO TRADING HOLDINGS LIMITED to pay invoices to suppliers has decreased over the three periods analysed. In Jul 2019, the average time to pay was 45.6 days, which decreased to 42.7 days in Dec 2019 and further decreased to 41.3 days in May 2020.
The volatility in the time taken to pay invoices has also decreased over the three periods. In Jul 2019, the company had a volatility of 3.7 days, which decreased to 2.8 days in Dec 2019 and further decreased to 2.5 days in May 2020.
In the period of Jul 2019 to May 2020, MAKO TRADING HOLDINGS LIMITED has shown a positive trend in decreasing the time taken to pay invoices to suppliers. In terms of percentages, there has been an improvement in the number of invoices paid within 30 days, with an increase from 25.6% in Jul 2019 to 28.3% in May 2020. The percentage of invoices paid between 31 and 60 days has also improved, with a decrease from 41.2% in Jul 2019 to 38.7% in May 2020. However, there has been a slight increase in the percentage of invoices paid later than 60 days, with a 0.2% increase from 33% in Jul 2019 to 33.2% in May 2020.
| 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 2019 - 31 Dec 2019 | 30 Jan 2020 |
Mako Trading Holdings Limited is registered as a financial services holding company (SIC 64205), forming part of the Mako group. The wider Mako group provides liquidity to global derivatives markets, primarily through options market making, supported by proprietary trading technology developed over more than two decades. Founded in 1999 through a management buyout of a London options trading firm, the group has grown to operate from offices in London, Dublin, Amsterdam, Singapore, Sydney, Brisbane and Chengdu. This entity itself functions as a holding company within that structure rather than as an operating trading business.
Generated from the company's website and Companies House records. Sources: mako.com