MARSHALL LAND SYSTEMS LTD
Company number: 02661432
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
31 July 2026
Approved by:
Gareth Williams
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: 51 days
Total value paid:
- within 30 days: £241,443 (1%)
- in 31 to 60 days: £10,046,314 (50%)
- in 61 days or more: £9,896,868 (49%)
Invoices paid:
- within 30 days: 28%
- in 31 to 60 days: 38%
- in 61 days or more: 34%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £33,260,976
- payments due in the reporting period which have not been paid within the agreed period: 78%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
90 days
Standard payment terms
Payment terms vary depending on individual contracts & agreements. These vary from 7 to 90days, however the majority of agreements are for '30 Days Net'
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
90 days
Payment Plans have been agreed with certain larger suppliers, so despite invoices being paid later than the 'official due date', this had been pre-arranged with the supplier. This has not been taken into account in the statistics.
Any other information about payment terms
No further comment provided
Dispute resolution process
Marshall Land Systems works very closely with Customers to ensure approval in advance of submitting invoices to minimise any disputes.
Payment performance deteriorated during H1 FY26, with both average days to pay and the proportion of invoices paid outside agreed terms showing a decline compared to previous reporting periods.
Management is aware of the decline and is working to improve payment performance to acceptable levels and initially to at least the prior level of reported performance. Marshall Land Systems changed ownership in late 2025 and as part of this process, the business has executed a period of intensive review, both in terms of capability, operational performance and working capital requirements. An action plan to best position the business for future success has been developed and introduced.
One of the required actions was the securement of an additional working capital facility which whilst recently secured, has taken considerably longer to access than planned. This has been a contributing factor to the decline in payment performance evidenced herein.
This development coupled with the execution of the operational plan will, in the expectation of the Directors, result in steady improvement through Payment Performance.
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