MCGEE GROUP (HOLDINGS) LIMITED

PaymentCheck Score 2025
51Fair
3.5vs last year
#3590 in UK
#272 in Property
#1322 in London

Company Information

Company Number
00933689
Registered Address
Unit 8 Wharfside, Rosemont Road, Wembley, England, HA0 4PE
Status
Active
Employee Count
419
Turnover
£151,360,000
EBITDA
£9,592,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 June 1968
Nature of Business
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
43120 - Site preparation
70100 - Activities of head offices
Industries
Property, Infrastructure And Construction
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
21%
31-60 Days
52%
After 60 Days
27%
Not Paid Within Terms2%

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: 2024-12-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202520 Jun 20254919%55%26%2%
01 Jun 2024 - 30 Nov 202420 Dec 20244821%52%27%2%
01 Dec 2023 - 31 May 202428 Jun 20244328%54%18%1%
01 Jun 2023 - 30 Nov 202320 Dec 20234429%54%17%2%
01 Dec 2022 - 31 May 202328 Jun 20234627%55%18%4%
01 Jun 2022 - 30 Nov 202222 Dec 20224425%56%19%3%
01 Dec 2021 - 31 May 202229 Jun 20224625%56%19%4%
01 Jun 2021 - 30 Nov 202122 Dec 20214628%51%21%9%
01 Dec 2020 - 31 May 202130 Jun 20214725%52%23%7%
01 Jun 2020 - 30 Nov 202018 Dec 20204923%48%29%12%
01 Dec 2018 - 31 May 201928 Jun 20193744%42%14%16%
01 Jun 2018 - 30 Nov 201807 Jan 20194719%47%34%17%

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

Month end plus 45 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

60

Dispute Resolution Process

Process is within T&C’s / purchase orders. In the first instance the Procurement team would raise a query with the supplier, if an agreement cannot be reached this will then follow the escalation process.

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

MCGEE GROUP (HOLDINGS) LIMITED is a UK-based company that provides a wide range of construction and property services. The company was founded in 1959 and has since grown to become one of the leading construction companies in the country.

The company offers a variety of services including construction, property development, facilities management, and civil engineering. They have a strong focus on sustainability and have implemented a sustainability program that includes reducing waste, promoting energy efficiency, and using sustainable materials in their projects.

One of their notable projects is the construction of the London 2012 Olympic Park where they were responsible for the demolition and remediation work. They have also worked on other high-profile projects such as the redevelopment of Battersea Power Station and the construction of Tottenham Hotspur Football Club's new stadium.

The key people of MCGEE GROUP (HOLDINGS) LIMITED include the CEO, Michael McGee, who has over 40 years of experience in the construction industry and leads the company's strategic direction. The company also has a team of experienced directors and managers who oversee the various departments and projects.

The company's website (www.mcgeegroup.co.uk) provides information about their services, projects, and sustainability efforts. Their registered office address is MCGEE GROUP (HOLDINGS) LIMITED, 5 Station Road, London NW4 4PN, United Kingdom.

In conclusion, MCGEE GROUP (HOLDINGS) LIMITED is a reputable construction company in the UK that offers a range of services and has a strong focus on sustainability. With their experienced team and impressive portfolio of projects, they continue to be a top choice for construction and property services in the country.

Financial Metrics

Cash
£10,311,720
Net Worth
£15,974,766
Total Current Assets
£30,080,222
Total Current Liabilities
£21,484,425

Company Location