The average time to pay for MOUNTVIEW ESTATES PLC has been consistent at 30 days for the past three periods.
The company has shown a low level of volatility in their payment practices, with 100% of invoices being paid within 30 days in all three periods.
Between the period of Apr 2018 - Sep 2018 and Oct 2018 - Mar 2019, MOUNTVIEW ESTATES PLC maintained a consistent average time to pay of 30 days. However, there was a significant increase in the percentage of invoices not paid within agreed terms, jumping from 0% to 100%. This could indicate a potential issue with the company's financial management during this period.
| 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 Apr 2019 - 30 Sept 2019 | 06 Mar 2020 | 30 | 100% | 0% | 0% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 19 Sept 2019 | 30 | 100% | 0% | 0% | 100% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 21 | 100% | 0% | 0% | 0% |
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
30
Direct contact with supplier
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
Mountview Estates PLC is a public limited company incorporated in 1937 and registered in Southgate, London. It operates as a property investment business, with SIC classification for buying and selling of its own real estate. The company holds wholly owned subsidiaries including Hurstway Investment Company Limited, Louise Goodwin Limited and A.L.G. Properties Limited, through which it manages its residential and commercial property holdings. As a public company, it maintains formal governance structures including a board of directors and reports annual accounts and confirmation statements to Companies House. Its principal activity centres on owning and dealing in property assets rather than developing or constructing them.
Generated from the company's website and Companies House records. Sources: mountviewplc.co.uk · find-and-update.company-information.service.gov.uk