Industry ranking
Score of 91.37/100 qualifies for PaymentCheck Certification
M GROUP ENERGY demonstrates a strong trend of prompt payments, with an average payment time of 14 days. A substantial 90% of invoices are consistently settled within 30 days, indicating a very fast and positive payment trajectory.
Despite the high percentage of prompt payments, there is some minor volatility, with 17% of payments categorized as late. Specifically, 8% of payments fall into the 31-60 day range, and a small 2% extend beyond 60 days, introducing a low but present risk of extended delays.
Overall, M GROUP ENERGY presents a largely favorable payment profile, making them a generally reliable counterparty for suppliers expecting quick settlement. Suppliers should anticipate mostly prompt payments but remain aware of the minor risk of delays for a small portion of invoices, potentially by monitoring initial transactions closely.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Oct 2025 - 31 Mar 2026 | 29 Apr 2026 | 18 | 88% | 9% | 3% | 11% |
| 01 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 14 | 90% | 8% | 2% | 17% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 19 | 86% | 9% | 5% | 15% |
| 01 Apr 2024 - 30 Sept 2024 | 25 Oct 2024 | 19 | 82% | 13% | 5% | 20% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 22 | 80% | 13% | 7% | 33% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 19 | 83% | 12% | 5% | 31% |
| 01 Oct 2022 - 31 Mar 2023 | 02 May 2023 | 26 | 75% | 15% | 10% | 38% |
| 01 Apr 2022 - 30 Sept 2022 | 15 Dec 2022 | 32 | 63% | 32% | 5% | 18% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 28 | 70% | 26% | 4% | 12% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 27 | 71% | 27% | 2% | 12% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 20 | 84% | 14% | 2% | 10% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 23 | 78% | 19% | 3% | 11% |
| 01 Oct 2019 - 31 Mar 2020 | 23 Apr 2020 | 43 | 48% | 38% | 14% | 32% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 40 | 34% | 54% | 12% | 54% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 37 | 49% | 41% | 11% | 21% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 37 | 46% | 38% | 16% | 24% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
The supplier can query non-payment of the invoice with Accounts Payable, they can expect to receive a response within 3 days. Matters can then be escalated with the Transaction Services Manager. Any complaints can raised with the Head of Finance or Strategic Procurement Lead.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
M Group Energy (Network Infrastructure) Limited is a registered entity within the M Group corporate group, sharing the group's head office address in Stevenage. M Group describes itself as an infrastructure services provider operating across energy, water, technology and communications, transport, and defence, industrial and public sectors in the UK and Ireland, employing more than 14,000 people across over 300 locations. Given its name, this entity forms part of the group's Energy division, which covers energy and in-home energy network infrastructure work. The evidence available does not detail this specific entity's own operational activities beyond its position within the wider M Group structure, which delivers, transforms and maintains infrastructure supporting essential services for clients in the private and public sectors.
Generated from the company's website and Companies House records. Sources: mgroupltd.com · mgroupltd.com