MGL2 Limited
Registered as MGL2 LIMITED. Company number 06234510. 7 payment practices reports on file, the latest for the period ending 30 June 2026, filed 21 July 2026.
34days 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, MGL2 Limited reported that it took an average of 34 days to pay its suppliers' invoices. It paid 48% of invoices within 30 days, 43% in 31 to 60 days and 9% after more than 60 days. It said 20% of invoices were not paid within the agreed terms.
That average is faster than 42% of the 6,220 companies whose latest report covers a period ending since May 2025. A year earlier, in the period to 30 June 2025, the average was 36 days, so it is 2 days faster now.
Average days to pay, report by report
Bars are labelled with the month the period ended. The dashed line marks 30 days.
Every report filed
| Period | Filed | Average days | Within 30 days | 31 to 60 | Over 60 | Not within terms | Source |
|---|---|---|---|---|---|---|---|
| Jan to Jun 2026 | 21 Jul 2026 | 34 | 48% | 43% | 9% | 20% | Report |
| Jul to Dec 2025 | 28 Jan 2026 | 38 | 46% | 42% | 12% | 23% | Report |
| Jan to Jun 2025 | 29 Jul 2025 | 36 | 43% | 45% | 12% | 25% | Report |
| Jul to Dec 2024 | 29 Jan 2025 | 33 | 49% | 42% | 9% | 20% | Report |
| Jan to Jun 2024 | 24 Jul 2024 | 35 | 45% | 47% | 8% | 25% | Report |
| Jul to Dec 2023 | 29 Jan 2024 | 35 | 50% | 42% | 8% | 21% | Report |
| Jan to Jun 2023 | 20 Jul 2023 | 30 | 63% | 31% | 6% | 36% | 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.