UK Payment Practices Report

Mace Limited payment practices report

PennyFetch rating based on government data:

Mostly on time

Companies House no. 02410626

This rating is PennyFetch’s own assessment derived from data self-reported by Mace Limited to the UK government.

Avg. days to pay

24

UK median: 32

Outside agreed terms

16%

UK average: 24%

Trend

Getting faster

16 reports filed

Payment terms

0 to 30 days

Standard terms

Invoice payment breakdown

85%
11%
Within 30 days: 85%31 to 60 days: 11%Over 60 days: 4%

How Mace Limited compares

Mace Limited takes an average of 24 days to pay its suppliers, which is 8 days faster than the UK median of 32 days across 9,336 reporting companies. 16% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been improving over time based on historical filings.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms, not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.

Payment history

PeriodAvg. days% outside terms% in 30d% over 60d
Jul 2025 to Dec 20252416%85%4%
Jan 2025 to Jun 2025229%92%2%
Jul 2024 to Dec 2024207%94%1%
Jan 2024 to Jun 20242310%89%3%
Jul 2023 to Dec 20232612%87%5%
Jan 2023 to Jun 20232612%86%5%
Jul 2022 to Dec 20222816%86%5%
Jan 2022 to Jun 20222919%83%6%
Jul 2021 to Dec 20212917%80%6%
Jan 2021 to Jun 20213229%63%10%
Jul 2020 to Dec 20203028%72%8%
Jan 2020 to Jun 20202826%74%6%
Jul 2019 to Dec 20192626%81%4%
Jan 2019 to Jun 20193023%78%7%
Jul 2018 to Dec 20183426%74%8%
Jan 2018 to Jun 20184543%50%14%
Working with Mace Limited?

PennyFetch sends automatic payment reminders so you don’t have to chase. If they still don’t pay, it calculates statutory interest and generates a Letter Before Action as a PDF.

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Frequently asked questions

According to their most recent self-reported government filing, MACE LIMITED pays invoices in 24 days on average. 16% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly on time" based on that data.

All payment statistics on this page are self-reported by Mace Limited to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.

Most recent report filed: Jan 2026. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.

Is this your company?

If you believe this data is incorrect, outdated, or needs additional context, please email corrections@pennyfetch.co.uk. We will review your request and update or add context to this page where appropriate.