MACE CONSULT LIMITED
Company number: 07094851
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
28 July 2026
Approved by:
Davendra Dabasia
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 18 days
Total value paid:
- within 30 days: £50,916,700 (62%)
- in 31 to 60 days: £29,214,460 (35%)
- in 61 days or more: £2,486,256 (3%)
Invoices paid:
- within 30 days: 79%
- in 31 to 60 days: 20%
- in 61 days or more: 1%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £32,193,673
- payments due in the reporting period which have not been paid within the agreed period: 4%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
30 days
Standard payment terms
30 days are our most frequently used terms, although we have agreed longer terms with some of our suppliers. Some suppliers insist on payment on receipt of invoice and these are processed on the next available payment run.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
The reduction in Mace Consult Limited's DTR performance during H1 2026 was primarily driven by the operational and cash flow impacts associated with the separation process and transition to operating as an independent business. During the period, a number of supplier payments were delayed as resources were focused on establishing standalone systems, processes, and funding arrangements. These delays had a direct impact on payment performance metrics reported within the Duty to Report submission. The deterioration is considered temporary and does not reflect a change in the company's payment culture or supplier management practices. Since completion of the separation activities, payment processes have stabilised, and management expects payment performance indicators to improve significantly during the second half of 2026 and return to levels more consistent with previous reporting periods.
Dispute resolution process
Our dispute resolution process is published on our website here: https://www.macegroup.com/people/suppliers
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No