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Their own payment-practices filing · gov.uk

How long does Multimatic Ltd. take to pay its suppliers?

CRN 03201056 · Manufacturing · 8 statutory reports on record · period to 31 Dec 2025

62days
their reported average time to pay suppliers, latest period
Well behindvs a 31-day median across 6,185 recent filers

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

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
20 May 1996
Registered office
C/O BIRKETTS LLP KINGFISHER HOUSE, NORWICH, NR3 1UB
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 15–60 days. Reported average: 62.

Stated terms15–60d
+47 days
Reported avg62d

At a glance

The key figures

15–60d
their stated terms
60%
invoices paid outside terms
+7d
slower over the window
±3d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 81% of the 992 large companies reporting in manufacturing.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 15d
55
58
59
56
59
62
H1 2023H2 2023H1 2024H2 2024H1 2025H2 2025

Where their supplier invoices land · latest period

within 30 days 20% 31–60 days 33% 61+ days 47%

The read · computed from their figures

Multimatic Ltd. has filed 8 statutory payment periods (earliest H2 2018). Their latest report puts the average at 62 days against stated terms of 15–60 days.

The direction is slower: from 55 to 62 days over the window — about 7 days slower.

In the latest period 60% of invoices were paid outside their agreed terms, and 47% landed 61+ days out.

In their own words · from the filing

Standard payment terms

60 days from invoices date

Dispute resolution

Capital/tooling payments relate to progress against milestones - if these are not reachedand understood between both parties then this will hold up payment. Forced pricechanges (occasional) can hold up payment or we pay to the old price to terms anddeduct values against new price to realign to old agreed price.

Other information

Payment runs are made weekly to ensure all necessary payments are made within theagreed payment terms

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20256260%47%13 Mar 2026
H1 20255961%45%30 Jan 2026
H2 20245655%40%30 Jan 2026
H1 20245962%45%30 Jan 2026
H2 20235862%44%30 Jan 2026
H1 20235551%37%30 Jan 2026
H1 2020605%5%17 Dec 2020
H2 2018450%0%29 Jan 2019

Working-capital effect

What a 62-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 62-day vs a 15-day payment cycle.

≈ £24,500
of invoicing outstanding at any one time on a 62-day cycle — about £18,500 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 7 days slower over the window (55 → 62 days).
What's their typical pay point?
Their latest reports average around day 62, moving within about ±3 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 Multimatic Ltd. (free)

Their next payment report is due ≈ 29 Jul 2026. 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

Multi-color Cwmbran UK Limited · Multimatic U.k. Limited · Multi Packaging Solutions UK Limited · Multisol Limited · Multi Packaging Solutions Limited · Muntons PLC

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-03201056 · latest period to 31 Dec 2025

Verify the original Companies House file

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