MERCER LIMITED

PaymentCheck Score 2020
63Fair
New Entry
#2943 in UK
#286 in Financial Services
#1144 in London

Company Information

Company Number
00984275
Registered Address
1 Tower Place West, Tower Place, London, EC3R 5BU
Status
Active
Employee Count
2,655
Turnover
£577,000,000
EBITDA
£75,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 July 1970
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Financial Services, Human Resources, Recruitment And Admin, Professional Services
Region
London

Time to Pay

Average Time to Pay
44 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
57%
31-60 Days
26%
After 60 Days
17%
Not Paid Within Terms42%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202028 Jul 20204461%21%18%39%
01 Jan 2019 - 30 Jun 201926 Jul 20194357%27%16%42%
01 Jul 2018 - 31 Dec 201829 Jan 20194364%21%15%36%
01 Jan 2018 - 30 Jun 201827 Jul 20185455%18%27%44%

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

45 days from receipt of invoice. http://www.mmc.com/suppliers.html

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

No information available

Any other information about payment terms

n/a

Maximum contractual payment period agreed

45

Dispute Resolution Process

Helpdesks and contact details as well as process information available on www.mmc.com

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

MERCER LIMITED is a global consulting firm that provides a wide range of services to help organizations improve their performance and achieve their goals. The company was founded in 1945 and is headquartered in London, United Kingdom.

The company offers a comprehensive sustainability program, focusing on environmental, social, and governance (ESG) issues. They work closely with their clients to develop sustainable strategies and practices, helping them reduce their carbon footprint and operate in a socially responsible manner.

MERCER LIMITED offers a variety of products and services, including human resource consulting, investment management, and health and benefits consulting. They help clients manage their workforce, design and implement retirement plans, and provide guidance on employee benefits.

The key people at MERCER LIMITED include Martine Ferland, the President and CEO, and David Anderson, the Global Leader of the Health & Benefits business. They lead a team of experienced professionals who are dedicated to providing high-quality services to their clients.

To learn more about MERCER LIMITED and their services, customers can visit their website at www.mercer.com. The registered office address for the company is Tower Place East, 9th Floor, 3 Lower Thames Street, London, EC3R 6HE.

Financial Metrics

Cash
£48,000,000
Net Worth
£760,000,000
Total Current Assets
£664,000,000
Total Current Liabilities
£660,000,000

Company Location