MOUNTVIEW ESTATES PLC

Company Information

Company Number
00328020
Registered Address
Mountview House, 151 High Street, Southgate, London, N14 6EW
Status
Active
Employee Count
62
Turnover
£72,132,000
EBITDA
£36,351,000

Additional Details

Company Type
Public limited Company
Incorporated On
21 May 1937
Nature of Business
68100 - Buying and selling of own real estate
Industries
Property, Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
30 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

The average time to pay for MOUNTVIEW ESTATES PLC has been consistent at 30 days for the past three periods.

Volatility Analysis

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.

Summary Analysis

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.

Performance Reports History

Reporting Period Filed: 2020-03-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2019 - 30 Sept 201906 Mar 202030100%0%0%0%
01 Oct 2018 - 31 Mar 201919 Sept 201930100%0%0%100%
01 Apr 2018 - 30 Sept 201825 Oct 201821100%0%0%0%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 days

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Direct contact with supplier

Other Payment Information

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.

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.

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.

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?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

MOUNTVIEW ESTATES PLC is a British property development company that was founded in 1984. The company specializes in the acquisition, development, and management of residential and commercial properties in the UK. Their sustainability program focuses on reducing their environmental impact and promoting sustainable practices in their operations.

One of the key aspects of MOUNTVIEW ESTATES' sustainability program is their commitment to energy efficiency. They have implemented energy-saving measures in their properties, such as installing LED lighting and energy-efficient appliances, to reduce their carbon footprint. They also actively promote recycling and waste reduction in their properties.

In terms of products and services, MOUNTVIEW ESTATES offers a wide range of residential and commercial properties, including apartments, houses, and offices. They also provide property management services to ensure the smooth operation of their properties and the satisfaction of their tenants.

The key people at MOUNTVIEW ESTATES include the Chairman and CEO, Mr. Duncan Sinclair, and the Finance Director, Mr. Peter Saville. Both have extensive experience in the property development industry and are responsible for the company's success and growth.

For any inquiries or more information, MOUNTVIEW ESTATES can be contacted through their website at www.mountviewplc.co.uk. Their registered office address is at 2nd Floor, 2 Woodberry Grove, Finchley, London, N12 0DR.

In conclusion, MOUNTVIEW ESTATES PLC is a leading property development company in the UK, with a strong focus on sustainability. Their commitment to energy efficiency, recycling, and waste reduction, along with their wide range of properties and efficient property management services, make them a reputable and reliable choice in the real estate market.

Financial Metrics

Cash
£776,000
Net Worth
£390,708,000
Total Current Assets
£430,174,000
Total Current Liabilities
£3,908,000

Company Location