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Their own payment-practices filing · gov.uk

How long does Mclaren Applied Technologies Limited take to pay its suppliers?

CRN 02322992 · Manufacturing · 9 statutory reports on record · period to 30 Jun 2022

54days
their reported average time to pay suppliers, latest period
Slower than mostvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

Share
Dated record. The latest report covers a period ending 30 Jun 2022 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
29 Nov 1988
Registered office
BLOCK E, DUKES COURT, WOKING, GU21 5BH
7 outstanding charges — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 15–60 days. Reported average: 54.

Stated terms15–60d
+39 days
Reported avg54d

At a glance

The key figures

15–60d
their stated terms
23%
invoices paid outside terms
-9d
faster over the window
±8d
variable pattern

Vs peers · latest reported averages

fasterslower
Slower than 67% of the 992 large companies reporting in manufacturing.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 15d
63
77
69
56
56
54
H2 2019H1 2020H2 2020H1 2021H2 2021H1 2022

Where their supplier invoices land · latest period

within 30 days 22% 31–60 days 38% 61+ days 40%

The read · computed from their figures

Mclaren Applied Technologies Limited has filed 9 statutory payment periods (earliest H1 2018). Their latest report puts the average at 54 days against stated terms of 15–60 days.

The direction is faster: from 63 to 54 days over the window — about 9 days faster.

In the latest period 23% of invoices were paid outside their agreed terms, and 40% landed 61+ days out.

In their own words · from the filing

Standard payment terms

McLaren's standard payment terms are End of Month +60 days (theoretical maximum 90 days). These standard terms are occasionally changed to facilitate contract renegotiation, with alternative terms agreed on individual basis.

Dispute resolution

Suppliers can contact the Accounts Payable (AP) department via email or phone to enquire about unpaid invoices. Suppliers are informed if goods are rejected and if credit note is required. The invoice is put on hold until the credit note is supplied for the rejected goods. The AP department contacts the suppliers to resolve any disputed invoices.

Other information

The raw data used to produce the payment practice reports does not take account of delays caused by ongoing discussions with the suppliers in reference to disputed goods.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20225423%40%31 Jul 2022
H2 20215622%43%28 Jan 2022
H1 20215619%41%15 Jul 2021
H2 20206931%46%25 Jan 2021
H1 20207748%65%29 Jul 2020
H2 20196319%46%31 Jan 2020
H1 20196247%50%30 Jul 2019
H2 20186840%51%31 Jan 2019
H1 20186456%44%31 Jul 2018

Working-capital effect

What a 54-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 54-day vs a 15-day payment cycle.

≈ £21,500
of invoicing outstanding at any one time on a 54-day cycle — about £15,400 more than the same account would carry at 15-day terms.

Late Payment Act. The Late Payment of Commercial Debts Act lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers

Are they getting slower or faster?
Their reported average has moved about 9 days faster over the window (63 → 54 days).
What's their typical pay point?
Their latest reports average around day 54, moving within about ±8 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch Mclaren Applied Technologies Limited (free)

Their next payment report is due ≈ 26 Jan 2023. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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More large companies in manufacturing

Mccormick (UK) Limited · Mclaren Automotive Limited · Mcavoy Modular Offsite Limited · Mcmullen & Sons, Limited · Mcalpine & Company. Limited · Mcmullen Facades Limited

How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-02322992 · latest period to 30 Jun 2022

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