Their own payment-practices filing · gov.uk
How long does Mitie Group PLC take to pay its suppliers?
Self-reported figure from their statutory filing. How this is compiled.
On the public register · Companies House
Company record
- Status
- Active
- Type
- Public Limited Company
- Incorporated
- 16 Jul 1936
- Registered office
- 35 DUCHESS ROAD, GLASGOW, G73 1AU
Terms vs reality
Stated terms: 30–60 days. Reported average: 34.
At a glance
The key figures
Vs peers · latest reported averages
The pattern
Getting faster
Average days to pay across their last 4 statutory reports.
Where their supplier invoices land · latest period
The read · computed from their figures
Mitie Group PLC has filed 4 statutory payment periods (earliest H2 2018). Their latest report puts the average at 34 days against stated terms of 30–60 days.
The direction is faster: from 40 to 34 days over the window — about 6 days faster.
In the latest period 35% of invoices were paid outside their agreed terms, and 18% landed 61+ days out.
In their own words · from the filing
Standard payment terms
Payment terms are agreed with our suppliers on a case by case basis depending on the nature of work, length of relationship, and size of the supplier. The majority of our suppliers are paid on terms of 30 days from the end of the month in which the invoice is dated or better, where 14 days and prompt payment may sometimes be agreed. Depending on the agreement reached with the supplier, payment terms of 60 days from the end of the month in which a correct, undisputed and properly due VAT invoice is received may also be agreed. The business also operates a no purchase order, no pay policy, unless otherwise agreed, in exceptional circumstances, by a duly authorised representative. Invoices received, and which do not include a valid purchase order number, are rejected and returned
Dispute resolution
We recognise the strategic importance of our supply chain partners, and as such are committed to treating them fairly. Our preference is to always address disputes in a transparent and timely manner, always acting in good faith, through open and constructive discussion. If such discussions fail to resolve a dispute, an authorised representative of the supplier and the company shall, within 30 days of a written request from one party to the other, meet in good faith to resolve the dispute. If the dispute remains unresolved either the supplier or the company shall refer it to mediation in accordance with the Centre for Effective Dispute Resolution ("CEDR") Model Mediation Procedure that is in force at the date of the referral.
Other information
Over the course of the last 18 months, Mitie has made a significant number of changes to its accounts payable processes. At times, unfortunately, this has resulted in unintended disruption, impacting our payment performance. To address this, Mitie is actively working to improve our processes to ensure there is an overall improvement in our payment practices and our paid-on time performance.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2020 | 34 | 35% | 18% | 30 Apr 2020 |
| H2 2019 | 34 | 30% | 17% | 31 Oct 2019 |
| H1 2019 | 50 | 39% | 31% | 30 Apr 2019 |
| H2 2018 | 40 | 66% | 23% | 26 Oct 2018 |
Working-capital effect
What a 34-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 34-day vs a 30-day payment cycle.
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?
What's their typical pay point?
Can I see what this means for my invoices?
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How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
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-SC019230 · latest period to 31 Mar 2020
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