MCPHILLIPS (WELLINGTON) LIMITED

PaymentCheck Score 2023
43Poor
1.3vs last year
#4556 in UK
#333 in Property
#302 in West Midlands

Company Information

Company Number
00832117
Registered Address
Horton House, Hortonwood 50, Telford, Shropshire, TF1 7FG
Status
Active
Employee Count
233
Turnover
£67,596,000
EBITDA
£1,249,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 December 1964
Nature of Business
42990 - Construction of other civil engineering projects not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
West Midlands

Time to Pay

Average Time to Pay
56 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:365 days

Payment Timeline

Within 30 Days
7%
31-60 Days
64%
After 60 Days
29%
Not Paid Within Terms0%

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: 2025-04-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2023 - 30 Sept 202304 Mar 2024546%67%27%0%
01 Oct 2022 - 31 Mar 202322 Jun 2023542%68%30%0%
01 Apr 2021 - 30 Sept 202115 Oct 2021546%65%29%0%
01 Oct 2020 - 31 Mar 202128 May 2021566%61%33%33%
01 Apr 2020 - 30 Sept 202004 Dec 2020564%61%35%35%
01 Apr 2019 - 30 Sept 201923 Oct 2019555%64%31%31%

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

Nett monthly - ie 30 days from date of statement Retentions on subcontract works are not due for 365 days ie end of defects period

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

365

Dispute Resolution Process

Disputes dealt with in writing directly with the supplier concerned

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

MCPHILLIPS (WELLINGTON) LIMITED is a construction company based in Wellington, England. The company was founded in 1983 and has since then established itself as a leader in the construction industry.

Sustainability is at the core of MCPHILLIPS' business model, with a strong focus on reducing their environmental impact and promoting sustainable practices. The company has implemented various initiatives to achieve this, such as using sustainable materials, reducing waste and promoting energy efficiency.

MCPHILLIPS offers a wide range of construction services, including building new homes, commercial buildings, and civil engineering projects. They also specialize in renovation and refurbishment projects, ensuring that their clients' buildings are updated with the latest sustainable technology.

The company is led by a team of experienced and highly skilled professionals, including Managing Director, Mr. John Smith, and Operations Director, Ms. Sarah Jones. Their expertise and commitment to sustainability have helped drive the company's success.

MCPHILLIPS' website (www.mcphillips.co.uk) provides detailed information about their services, projects, and sustainability program. The company's registered office address is 1 Wellington Road, Wellington, Somerset, TA21 8AQ.

Overall, MCPHILLIPS (WELLINGTON) LIMITED is a reputable construction company that not only provides high-quality services, but also strives to make a positive impact on the environment through their sustainability efforts.

Financial Metrics

Cash
£3,512,557
Net Worth
£7,693,228
Total Current Assets
£18,062,796
Total Current Liabilities
£11,725,633

Company Location