Score of 93.8/100 qualifies for PaymentCheck Certification
MHA Audit Services LLP demonstrates strong payment speed, with an average settlement time of just 14 days, well below the standard 30-day threshold. The vast majority of payments (92%) are completed within 30 days, with only 8% falling into the 31–60 day band and no recorded payments exceeding 60 days. This distribution indicates a consistently fast-paying client with no history of severely delayed or defaulted payments.
Despite the strong average, a 15% late payment rate introduces a moderate level of unpredictability, meaning roughly one in seven invoices is not settled on the originally agreed due date. This discrepancy between the fast average payment time and the elevated late rate suggests that while most payments resolve quickly, a subset of invoices experiences initial processing delays before eventual prompt settlement. Suppliers should account for this variability when planning cash flow, particularly on higher-value invoices.
Overall, MHA Audit Services LLP represents a low-to-moderate risk client and is a broadly reliable payer, making them a suitable partner for most standard commercial terms. The 15% late payment rate is the primary concern and warrants attention, particularly for suppliers with tighter liquidity requirements. As a risk mitigation measure, suppliers may consider implementing clear payment reminder workflows at the invoice due date and reserving extended credit terms for transactions where cash flow flexibility exists.
| 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 2025 - 31 Mar 2026 | 30 Apr 2026 | 15 | 92% | 8% | 0% | 14% |
| 01 Apr 2025 - 30 Sept 2025 | 30 Apr 2026 | 14 | 92% | 8% | 0% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from date of invoice
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
Queries are raised with the supplier
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
MHA Audit Services LLP is a limited liability partnership operating within the professional services sector, specialising in audit and assurance activities as indicated by its registered name. The business operates under the LLP structure, which is a common formation for professional services firms in the United Kingdom.
The company is registered with Companies House under company number OC455542 and maintains its registered office at The Pinnacle, 150 Midsummer Boulevard, Milton Keynes, Buckinghamshire, MK9 1LZ. The business is located in the South East of England and was incorporated on 17 February 2025, making it a recently established entity. Its current status is confirmed as active.
Audit services firms of this type in the UK market typically provide statutory audit and assurance services to businesses, charities, and public sector organisations. These services include the independent examination of financial statements, compliance reviews, and the provision of audit opinions in accordance with UK auditing standards and regulatory requirements.