Score of 91.2/100 qualifies for PaymentCheck Certification
| 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 | 29 Jan 2026 | 22 | 93% | 6% | 1% | 18% |
| 01 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 21 | 95% | 4% | 1% | 19% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 22 | 90% | 8% | 2% | 25% |
| 01 Jan 2024 - 30 Jan 2024 | 25 Jul 2024 | 28 | 82% | 14% | 4% | 18% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 32 | 81% | 11% | 8% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 36 | 72% | 17% | 11% | 28% |
| 01 Jul 2021 - 30 Jun 2022 | 28 Jul 2022 | 33 | 64% | 27% | 9% | 36% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 22 | 83% | 12% | 4% | 17% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 21 | 97% | 3% | 0% | 4% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 17 | 97% | 3% | 0% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 26 | 86% | 10% | 4% | 16% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 26 | 85% | 10% | 5% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 27 | 85% | 13% | 2% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 36 | 74% | 14% | 13% | 26% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our most common standard payment terms is 30 days
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
60
Our purchase ledger team is responsible for identifying and resolving disputes which may arise between Compare The Market Limited and our suppliers. If a supplier has a dispute or a complaint then, in the first instance, they are to contact Compare The Market Limited via telephone or e-mail and direct their enquiry to the purchase ledger team.
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
COMPARE THE MARKET LIMITED is a British company that offers a price comparison website for insurance and financial products. Founded in 2006, the company has become one of the leading comparison sites in the UK.
The company's sustainability program focuses on reducing its carbon footprint and promoting environmental awareness. It has implemented various initiatives, such as using renewable energy and reducing paper usage, to achieve its sustainability goals.
COMPARE THE MARKET LIMITED offers a wide range of products and services, including car, home, and travel insurance, as well as credit cards, loans, and energy plans. It also provides customers with the option to switch to more environmentally friendly energy suppliers through its Green Energy Comparison service.
The key people at COMPARE THE MARKET LIMITED include CEO Mark Lewis and founder and chairman, Sir Peter Wood. The company has over 1,200 employees and is headquartered in London, with a registered office address at 1st Floor, Imperial House, Imperial Way, Newport, Gwent, NP10 8UH.
To access its services, customers can visit the company's website at www.comparethemarket.com. The website also provides information on its sustainability efforts and how customers can make more environmentally conscious choices.
In summary, COMPARE THE MARKET LIMITED is a leading comparison site in the UK that not only helps customers save money but also promotes sustainability through its initiatives and services. With its dedicated team and user-friendly website, the company continues to provide valuable services to its customers while striving towards a greener future.
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