MAX MARA LIMITED
Company number: 02024802
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
3 August 2026
Approved by:
ANDREA SARUGIA
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: 79 days
Total value paid:
- within 30 days: £12,976,678 (58%)
- in 31 to 60 days: £2,951,908 (13%)
- in 61 days or more: £6,568,666 (29%)
Invoices paid:
- within 30 days: 26%
- in 31 to 60 days: 13%
- in 61 days or more: 61%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £5,732,155
- payments due in the reporting period which have not been paid within the agreed period: 33%
- 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
Our standard payment terms are 30 days for third-party suppliers and 90 days for intercompany suppliers.
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
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Max Mara Limited does not operate a separate formal dispute resolution procedure. Suppliers should raise any invoice or payment query with the Accounts Payable department. The matter will be reviewed with the relevant internal department and the supplier, and any supporting information, corrected invoice or credit note will be requested where necessary. Payment will be arranged once the matter has been resolved. Any unresolved issues will be escalated to Finance management as appropriate.
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