| 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 | 23 Jan 2026 | 36 | 73% | 18% | 9% | 29% |
| 01 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 37 | 70% | 20% | 10% | 33% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 37 | 75% | 16% | 9% | 28% |
| 01 Jan 2024 - 30 Jun 2024 | 27 Jul 2024 | 38 | 71% | 18% | 11% | 31% |
| 01 Jul 2023 - 01 Dec 2023 | 29 Jan 2024 | 38 | 75% | 16% | 9% | 27% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 38 | 74% | 17% | 9% | 27% |
| 01 Jul 2022 - 31 Dec 2022 | 07 Mar 2023 | 37 | 74% | 17% | 9% | 29% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
To prevent a delay in invoice processing, invoices must be clearly legible, comply with HMRC regulations and suppliers should include: the PO number (where relevant), M&G relevant contact, department code, bank details and payment instructions. Invoices issued without the above details may not be accepted and may be returned for amendment before being processed.
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
30
Suppliers that wish to dispute a payment received from M&G should contact the Accounts Payable team, ap.queries@mandg.com. The Accounts Payable team will consider the complaint and respond accordingly.
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
M&G Corporate Services Limited is a UK registered company based in London, incorporated in September 2018. It was originally named M&G Prudential Services Limited before being renamed to M&G Corporate Services Limited in October 2020. Companies House records its nature of business under SIC code 82990, described as other business support service activities not elsewhere classified. The company remains active, with its most recent accounts made up to 31 December 2025 and a confirmation statement dated September 2025. No further detail on specific services provided, client base or operational activities is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · lei.bloomberg.com