---
title: "MULTIMATIC LTD. - Payment Practices"
date: 2026-03-13
url: https://paymentcheck.co.uk/company-search/03201056/multimatic-ltd
description: "View payment practices for MULTIMATIC LTD.. Average time to pay: 62 days."
---

# MULTIMATIC LTD.

## Company Information

- **Company Number:** 03201056
- **Status:** Active
- **Company Type:** Private limited Company
- **Incorporated:** 20 May 1996
- **Registered Address:** C/O Birketts Llp Kingfisher House, 1 Gilders Way, Norwich, Norfolk, England, NR3 1UB
- **Industry:** Road Travel
- **Region:** East of England

## Payment Statistics

- **Average Time to Pay:** 62 days
- **Invoices Paid Within 30 Days:** 20%
- **Invoices Paid Between 31-60 Days:** 33%
- **Invoices Paid Later Than 60 Days:** 47%
- **Invoices Not Paid Within Agreed Terms:** 60%

## Payment Terms

- **Standard Payment Terms:** 60 days from invoices date
- **Shortest Payment Period:** 15 days
- **Longest Payment Period:** 60 days
- **Maximum Contractual Period:** 365 days

## Payment Practices

- **Payment Terms Changed:** Not available
- **Suppliers Notified of Changes:** Not available
- **E-Invoicing Offered:** False
- **Supply Chain Financing Offered:** False
- **Participates in Payment Codes:** No

## Dispute Resolution

Capital/tooling payments relate to progress against milestones - if these are not reachedand understood between both parties then this will hold up payment. Forced pricechanges (occasional) can hold up payment or we pay to the old price to terms anddeduct values against new price to realign to old agreed price.

## Summary

Multimatic Ltd. is a leading global supplier of engineered components, systems and services to the automotive industry. The company was founded in 1984 and is headquartered in Coventry, United Kingdom.

The company's sustainability program is focused on reducing their environmental impact and promoting sustainable practices throughout their operations. They have implemented various initiatives such as energy efficiency measures, waste reduction, and sustainable sourcing of materials.

Multimatic Ltd. offers a wide range of products and services, including suspension systems, body structures, and powertrain components. They work with major automotive manufacturers to provide innovative solutions that improve vehicle performance, safety, and efficiency.

The company is led by a team of experienced professionals, including founder and CEO Peter Czapka, who has over 40 years of experience in the automotive industry.

To learn more about Multimatic Ltd. and their products and services, interested individuals can visit their website at www.multimatic.com. The company's registered office address is located at Unit 2, Spitfire Close, Coventry Business Park, Coventry, CV5 6SP, United Kingdom.

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*Data sourced from official UK government payment practices reports. Last updated: 2026-03-13*