MARSHALL THERMO KING LIMITED

PaymentCheck Score 2024
59Fair
25.2vs last year
#3769 in UK
#242 in Travel And Transportation
#232 in East of England

Company Information

Company Number
00759572
Registered Address
Control Building The Airport, Newmarket Road, Cambridge, England, CB5 8RX
Status
Active
Employee Count
339
Turnover
£52,330,000
EBITDA
-£1,534,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 May 1963
Nature of Business
45200 - Maintenance and repair of motor vehicles
Industries
Travel And Transportation
Region
East of England

Time to Pay

Average Time to Pay
67 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
16%
31-60 Days
53%
After 60 Days
31%
Not Paid Within Terms43%

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: 2025-03-26
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 202426 Mar 20252979%14%7%5%
01 Jan 2024 - 30 Jun 202426 Mar 20256716%53%31%43%
01 Jul 2023 - 31 Dec 202320 Jun 20242979%14%7%5%
01 Jan 2022 - 30 Jun 202215 Jul 20224613%68%19%85%
01 Jul 2021 - 31 Dec 202128 Jan 20224714%65%21%84%
01 Jan 2021 - 30 Jun 202123 Jul 20214713%68%19%84%
01 Jul 2020 - 31 Dec 202009 Feb 20214813%65%22%86%
01 Jan 2020 - 30 Jun 202030 Jul 20204713%70%17%78%
01 Jul 2019 - 31 Dec 201929 Jan 20204811%67%22%76%
01 Jan 2019 - 30 Jun 201910 Jul 20194710%71%19%78%
01 Jul 2018 - 31 Dec 201822 Mar 2019489%70%21%75%

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 / 45 days EOM (month of invoice + 45 days)

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

No information available

Any other information about payment terms

The supplier shall submit invoices to the accounts payable email address. Every invoice is required to have our PO number stated on the invoice. The company may reject any invoice that does not include the information set out above. No payments shall be made until the goods and/ or services have been accepted.

Maximum contractual payment period agreed

45

Dispute Resolution Process

The company addresses any payment disputes with suppliers on a case-by-case basis

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

MARSHALL THERMO KING LIMITED is a company that specializes in the sales, service, and installation of refrigeration and air conditioning systems for commercial vehicles. The company was founded in 1972 and is headquartered in Cambridge, United Kingdom.

Their sustainability program focuses on reducing their environmental impact by promoting energy-efficient solutions and using eco-friendly materials in their products. They also have a recycling program in place for old equipment and packaging materials.

The company offers a wide range of products and services including refrigerated vans, truck and trailer refrigeration units, and air conditioning systems for buses and coaches. They also provide installation, maintenance, and repair services for these products.

The key people at MARSHALL THERMO KING LIMITED include the Managing Director, Mr. John Stobart, and the Operations Manager, Mr. Neil Stenner. They have a team of highly skilled engineers and technicians who are trained to provide excellent customer service.

The company's website address is www.marshallthermoking.co.uk, where customers can find information about their products and services, as well as contact details and a list of their locations across the UK. The registered office address is Thermo King House, Cowley Road, Cambridge CB4 0WX, United Kingdom.

In summary, MARSHALL THERMO KING LIMITED is a leading provider of refrigeration and air conditioning solutions for commercial vehicles. They are committed to sustainability and offer a wide range of products and services. With a team of experienced professionals and a strong online presence, they continue to be a trusted choice for customers in the UK.

Financial Metrics

Cash
£936,779
Net Worth
-£9,991,401
Total Current Assets
£18,196,858
Total Current Liabilities
£30,573,609

Company Location