MITIE TECHNICAL FACILITIES MANAGEMENT LIMITED
Company Information
- Company Number
- 00906936
- Registered Address
- Level 12 The Shard, 32 London Bridge Street, London, England, England, SE1 9SG
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 May 1967
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
MITIE consistently processes payments within an average of 39 days, with a significant 50% of payments settling in the 31-60 day bracket. This establishes a clear trend of payments regularly extending beyond standard 30-day terms. Only 46% of invoices are paid within 30 days, indicating a consistent pattern of longer payment cycles.
Volatility Analysis
The low 4% of payments over 60 days and 6% classified as late indicate moderate payment reliability and low volatility for extreme delays. However, the consistent 50% payment within 31-60 days means suppliers should predictably anticipate payments beyond 30 days. This predictable extension introduces a moderate, but manageable, cash flow risk if reliance is placed solely on strict 30-day terms.
Summary Analysis
MITIE exhibits a consistent payment profile, averaging 39 days, with most payments occurring between 31-60 days and low incidence of severely late payments. Suppliers should factor these extended payment terms into their financial planning, ensuring cash flow can accommodate a roughly 40-day payment cycle. Consider negotiating 60-day payment terms or implementing clear late payment clauses to align expectations and mitigate potential cash flow strain.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 39 | 46% | 50% | 4% | 6% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 46 | 45% | 51% | 4% | 5% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 39 | 43% | 52% | 5% | 8% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 32 | 57% | 38% | 5% | 11% |
| 01 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | 44 | 68% | 28% | 4% | 10% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 43 | 44% | 34% | 22% | 28% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 44 | 58% | 24% | 18% | 42% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 71 | 32% | 39% | 29% | 18% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 92 | 27% | 38% | 35% | 20% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 72 | 23% | 36% | 41% | 27% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 73 | 19% | 29% | 52% | 40% |
| 01 Sept 2019 - 31 Mar 2020 | 30 Apr 2020 | 68 | 20% | 29% | 51% | 45% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 65 | 21% | 29% | 50% | 43% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 71 | 20% | 24% | 56% | 34% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 81 | 23% | 22% | 55% | 63% |
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
Our standard payment terms state that payment of supplier invoices for goods and services will be made 60 days from the end of the month in which a correct, undisputed and properly due VAT invoice is received, unless otherwise agreed by a duly authorised representative. However, consideration is also given to our SME suppliers where alternative payment terms, of 30 days from the end of the month in which a correct and undisputed VAT invoice is dated, may be agreed. The business also operates a no purchase order, no pay policy, unless otherwise agreed, in exceptional circumstances, by a duly authorised representative. Invoices received, and which do not include a valid purchase order number, are rejected and returned to the supplier.
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
60
Dispute Resolution Process
We recognise the strategic importance of our supply chain partners, and as such are committed to treating them fairly. Our preference is to always address disputes in a transparent and timely manner, always acting in good faith, through open and constructive discussion. If such discussions fail to resolve a dispute, an authorised representative of the supplier and the company shall, within 30 days of a written request from one party to the other, meet in good faith to resolve the dispute. If the dispute remains unresolved either the supplier or the company shall refer it to mediation in accordance with the Centre for Effective Dispute Resolution ("CEDR") Model Mediation Procedure that is in force at the date of the referral
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.
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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
MITIE TECHNICAL FACILITIES MANAGEMENT LIMITED is a private limited company that specialises in the technical management of facilities
The company, which holds company number 00906936, is active and was incorporated on 24 May 1967
Its registered office is situated in London at Level 12 The Shard, 32 London Bridge Street, SE1 9SG
Organisations operating in technical facilities management in the UK typically provide a comprehensive range of services
These commonly include the maintenance and optimisation of critical building systems such as HVAC, electrical infrastructure, and plumbing
They also often cover specialist areas like lift servicing, fire safety systems, energy management, and ensuring compliance with relevant regulations for the built environment
