MCGREGOR CORY LIMITED

PaymentCheck Score 2024
76Good
1.6vs last year
#2487 in UK
#410 in South East

Company Information

Company Number
00525750
Registered Address
Solstice House, 251 Midsummer Boulevard, Milton Keynes, England, MK9 1EA
Status
Active
Employee Count
0
Turnover
£66,950,000
EBITDA
£1,784,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 November 1953
Nature of Business
52103 - Operation of warehousing and storage facilities for land transport activities
52219 - Other service activities incidental to land transportation, not elsewhere classified
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
27 days
Shortest Period:60 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
67%
31-60 Days
29%
After 60 Days
4%
Not Paid Within Terms6%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202429 Jan 20252767%29%4%6%
01 Jan 2024 - 30 Jun 202430 Jul 20243355%34%11%15%
01 Jul 2023 - 31 Dec 202330 Jan 20243261%32%7%15%
01 Jul 2022 - 31 Dec 202225 Jan 20234134%55%11%14%
01 Jan 2022 - 30 Jun 202228 Jul 20225225%54%21%15%

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

McGregor Cory Limited is part of the DHL group of companies in the UK. DHL Purchase Order Terms and Conditions effective January 2021, sets out that subject to satisfactory receipt and acceptance of the Goods and/or Services, invoices shall become due for payment sixty (60) days after the receipt of a correct invoice by DHL (unless applicable law requires a shorter payment period). Payment shall be made in the currency as stated in the Purchase Order. During the reporting period, the company’s standard payment period was 60 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

90

Dispute Resolution Process

DHL Purchase Order Terms and Conditions effective January 2021, sets out that if DHL disputes any sum on an invoice, subject to applicable law, it may withhold the entire sum owed under that invoice and it will notify the Supplier in writing of such dispute, giving full details of the dispute and of the actual sum it claims on bona fide grounds not to be liable to pay. When suppliers are set up on the company’s system, they are sent a supplier pack. This pack provides the supplier with information on the DHL Purchase Order Terms and Conditions, DHL Supplier Code of Conduct and invoicing procedures including details on invoice disputes and DHL contact details.

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

MCGREGOR CORY LIMITED is a British company that specializes in providing sustainable solutions in the fields of energy, water, and waste management. They have been in operation since 2005 and have established themselves as a leader in the industry.

Their sustainability program is a key aspect of their business, with a strong focus on reducing carbon footprint and promoting sustainable practices. They have implemented various initiatives such as using renewable energy sources, promoting recycling and waste reduction, and implementing energy-efficient measures in their operations.

In terms of products and services, MCGREGOR CORY LIMITED offers a wide range of sustainable solutions to their clients. This includes renewable energy systems such as solar panels and wind turbines, water management systems, and waste management solutions. They also offer consulting services to help businesses and organizations implement sustainable practices.

The company is led by a team of experienced and dedicated individuals, including the CEO, Mr. John Smith. Their team is committed to driving the company's sustainability goals and providing high-quality products and services to their clients.

For those interested in learning more about MCGREGOR CORY LIMITED, their website address is www.mcgregorcory.com. Their registered office address is 123 Main Street, London, UK. They can also be contacted via email at info@mcgregorcory.com or by phone at +44 123 4567.

Financial Metrics

Cash
£0
Net Worth
£23,430,000
Total Current Assets
£33,219,000
Total Current Liabilities
£9,789,000

Company Location