30 Fair PaymentHow fast UK companies pay their suppliers
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Magnesium Elektron Limited

Registered as MAGNESIUM ELEKTRON LIMITED. Company number 03141950. 17 payment practices reports on file, the latest for the period ending 30 June 2026, filed 28 July 2026.

48days on average to pay

  • Within 30 days
  • 31 to 60 days
  • Over 60 days

In the reporting period from 1 January 2026 to 30 June 2026, Magnesium Elektron Limited reported that it took an average of 48 days to pay its suppliers' invoices. It paid 48% of invoices within 30 days, 34% in 31 to 60 days and 18% after more than 60 days. It said 39% of invoices were not paid within the agreed terms.

That average is faster than 18% of the 6,220 companies whose latest report covers a period ending since May 2025. A year earlier, in the period to 29 June 2025, the average was 45 days, so it is 3 days slower now.

Average days to pay, report by report

30 54 Jun 2020 69 Dec 2020 56 Jun 2021 52 Dec 2021 52 Jun 2022 58 Dec 2022 50 Jul 2023 51 Dec 2023 38 Jun 2024 45 Jun 2025 46 Dec 2025 48 Jun 2026

Bars are labelled with the month the period ended. The dashed line marks 30 days.

Every report filed

PeriodFiledAverage daysWithin 30 days31 to 60Over 60Not within termsSource
Jan to Jun 2026 28 Jul 2026 48 48%34%18%39% Report
Jul to Dec 2025 30 Jan 2026 46 42%38%20%45% Report
Jan to Jun 2025 30 Jul 2025 45 44%37%19%38% Report
Jul to Dec 2024 30 Jan 2025 n/an/an/a43% Report
Jan to Jun 2024 29 Jul 2024 38 53%33%14%31% Report
Jul to Dec 2023 31 Jan 2024 51 47%34%19%39% Report
Jan to Jul 2023 25 Jul 2023 50 43%36%21%36% Report
Jun to Dec 2022 31 Jan 2023 58 38%42%20%45% Report
Jan to Jun 2022 27 Jul 2022 52 25%51%24%58% Report
Jun to Dec 2021 31 Jan 2022 52 26%50%24%57% Report
Jan to Jun 2021 30 Jul 2021 56 20%54%26%53% Report
Jun to Dec 2020 28 Jan 2021 69 19%57%24%55% Report
Jan to Jun 2020 29 Jul 2020 54 17%64%19%65% Report
Jul to Dec 2019 30 Jan 2020 64 17%59%24%60% Report
Jan to Jun 2019 30 Jul 2019 55 21%51%27%61% Report
Jul to Dec 2018 31 Jan 2019 49 27%55%18%23% Report
Jan to Jul 2018 19 Jul 2018 37 9%77%14%1% Report

Source: the company's filings on Check payment practices. Contains public sector information licensed under the Open Government Licence v3.0. Figures are as filed. We do not change them.