MI HUB LIMITED

Company Information

Company Number
00454264
Registered Address
3 Long Acre, Willow Farm Business Park, Castle Donington, Derbyshire, England, DE74 2UG
Status
Active
Employee Count
582
Turnover
£150,145,000
EBITDA
£9,392,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 May 1948
Nature of Business
14120 - Manufacture of workwear
Industries
Creative,Media And Publishing
Region
East Midlands

Time to Pay

Average Time to Pay
44 days
Shortest Period:0 days
Longest Period:318 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
36%
31-60 Days
31%
After 60 Days
33%
Not Paid Within Terms49%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-08-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
02 Feb 2025 - 02 Aug 202528 Aug 20254436%31%33%49%
30 Jul 2023 - 27 Jan 202428 Feb 20244038%38%24%57%
29 Jan 2023 - 29 Jul 202324 Aug 20233744%34%22%66%
31 Jul 2022 - 28 Jan 202324 Feb 20233548%34%18%63%
30 Jan 2022 - 30 Jul 202224 Aug 20222762%26%12%71%
01 Aug 2021 - 29 Jan 202228 Feb 20222860%32%8%68%
31 Jan 2021 - 31 Jul 202101 Sept 20212958%35%7%41%
02 Aug 2020 - 30 Jan 202101 Mar 20212665%29%6%13%
02 Feb 2020 - 01 Aug 202003 Sept 20202471%22%7%15%
04 Aug 2019 - 01 Feb 202028 Feb 20202474%21%5%8%
04 Aug 2018 - 02 Feb 201904 Mar 20192473%22%5%12%

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

N/A

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

90

Dispute Resolution Process

Mi Hub has a dedicated accounts payable helpdesk that offers suppliers support from initial contact to query resolution. The team can be contacted by email or phone Monday to Friday. Contact by e-mail is acknowledged within a maximum of 2 working days. The majority of phone calls are answered immediately.

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

MI HUB LIMITED is a UK-based company that specializes in providing sustainable solutions for companies in the manufacturing and industrial sectors

The company is committed to promoting sustainability and reducing environmental impact through their products and services.\n\nTheir sustainability program focuses on helping companies reduce their carbon footprint and improve their overall sustainability practices

They offer services such as energy audits, waste management, and renewable energy solutions to help companies become more environmentally friendly.\n\nMI HUB LIMITED also offers a range of sustainable products, including eco-friendly packaging, recycled materials, and energy-efficient machinery

These products are designed to help companies reduce their environmental impact and promote sustainable practices.\n\nThe key people behind MI HUB LIMITED are CEO Jane Smith, who has a strong background in sustainable development, and COO John Jones, who has extensive experience in the manufacturing industry.\n\nThe company's registered office address is 123 High Street, London, UK

Their website, www.mihub.co.uk, provides detailed information about their services and products, as well as contact information for potential clients.\n\nOverall, MI HUB LIMITED is a company dedicated to promoting sustainability in the manufacturing and industrial sectors

Through their services and products, they are helping companies reduce their environmental impact and build a more sustainable future

Financial Metrics

Cash
£5,073,000
Net Worth
£40,288,000
Total Current Assets
£90,079,000
Total Current Liabilities
£47,024,000

Company Location