Industry ranking
| 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 Apr 2025 - 30 Sept 2025 | 04 Feb 2026 | 37 | 52% | 38% | 10% | 28% |
| 01 Oct 2024 - 31 Mar 2025 | 04 Feb 2026 | 35 | 48% | 43% | 9% | 32% |
| 01 Apr 2024 - 30 Sept 2024 | 04 Feb 2026 | 36 | 50% | 37% | 13% | 26% |
| 01 Oct 2023 - 31 Mar 2024 | 04 Feb 2026 | 43 | 40% | 41% | 19% | 37% |
| 01 Apr 2023 - 30 Sept 2023 | 04 Feb 2026 | 44 | 43% | 35% | 22% | 32% |
| 01 Oct 2022 - 31 Mar 2023 | 04 Feb 2026 | 47 | 46% | 31% | 23% | 53% |
| 01 Apr 2022 - 30 Sept 2022 | 04 Feb 2026 | 40 | 52% | 32% | 16% | 47% |
| 01 Oct 2021 - 31 Mar 2022 | 04 Feb 2026 | 80 | 58% | 21% | 21% | 39% |
| 01 Apr 2021 - 30 Sept 2021 | 17 Nov 2021 | 37 | 54% | 31% | 15% | 38% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 47 | 46% | 29% | 25% | 55% |
| 01 Apr 2020 - 30 Sept 2020 | 04 Nov 2020 | 40 | 46% | 32% | 22% | 65% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Jul 2020 | 20 | 65% | 23% | 12% | 47% |
| 01 Apr 2019 - 30 Sept 2019 | 13 Feb 2020 | 41 | 36% | 47% | 17% | 66% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms are 60 days EOM
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
90
A complaint or concern will be considered by the relevant department (for example Accounts Payable, Procurement, Project Management Office) and they will set out a timescale and next steps depending on the complaint or concern.
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
MTC Operations Limited is registered at Ansty Park, Coventry, the same site described on the MTC website as the Coventry campus of the Manufacturing Technology Centre. Evidence indicates it forms part of the wider MTC group, an independent research and technology organisation working with manufacturers, universities and SMEs across the UK. The group's activities span additive manufacturing, robotics and automation, digital manufacturing, materials engineering, process and product innovation, and skills training, helping industry partners develop and scale new manufacturing technologies. The Companies House classification for this entity covers research and experimental development in natural sciences and engineering, consistent with the group's role bridging academic research and industrial application rather than manufacturing goods itself.
Generated from the company's website and Companies House records. Sources: the-mtc.org · the-mtc.org · the-mtc.org