MORRISROE LIMITED

PaymentCheck Score 2025
61Fair
0.3vs last year
#3067 in UK
#233 in Property
#197 in East of England

Company Information

Company Number
01300615
Registered Address
Unit 4 Oaks Court Warwick Road, Borehamwood, Hertfordshire, WD6 1GS
Status
Active
Employee Count
63
Turnover
£103,515,000
EBITDA
£435,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 March 1977
Nature of Business
41201 - Construction of commercial buildings
Industries
Property, Infrastructure And Construction
Region
East of England

Time to Pay

Average Time to Pay
40 days
Shortest Period:1 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
31%
31-60 Days
58%
After 60 Days
11%
Not Paid Within Terms7%

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 Nov 2024 - 30 Apr 202503 Jun 20254032%60%8%7%
01 May 2024 - 31 Oct 202420 Dec 20244031%58%11%7%
01 Nov 2023 - 30 Apr 202410 Jun 20243931%60%9%6%
01 May 2023 - 31 Oct 202320 Dec 20233830%61%9%7%
01 Nov 2022 - 30 Apr 202309 Jun 20233735%57%8%6%
01 Nov 2021 - 30 Apr 202229 Jul 20223349%47%4%4%
01 May 2021 - 31 Oct 202110 Jan 20223538%57%5%5%
01 May 2020 - 31 Oct 202014 Dec 20203151%45%4%4%
01 May 2019 - 31 Oct 201915 Nov 20193247%49%4%4%
01 Nov 2018 - 30 Apr 201931 May 20193915%65%20%4%
01 May 2018 - 31 Oct 201827 Nov 20183616%64%20%4%

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

Standard terms are 15 days from the end of the following calender month from the invoice date

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

45

Dispute Resolution Process

Where invoices are held suppliers are notified of the circumstances by e-mail. They can only be held for specific reasons eg price queries, missing or incorrect delivery notes, damages etc. Subject to resolution these are paid on the next available payment run. When disputes are unresolved it will be escalated to the Procurement manager or Finance Director for mediation and a final decision.

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

Morrisroe Limited is a construction and civil engineering company based in the United Kingdom. They offer a range of services including groundworks, concrete structures, and infrastructure works. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes measures such as waste reduction, energy efficiency, and the use of sustainable materials in their construction projects. They have also implemented a recycling program to minimize their waste and promote a circular economy.

Morrisroe Limited offers a wide range of products and services, including groundworks, piling, reinforced concrete structures, and infrastructure works. They have worked on various high-profile projects, including the London Olympic Village and the new Tottenham Hotspur Stadium.

The company is led by a team of experienced and skilled professionals, including Managing Director Brian Morrisroe and Operations Director Gary Morrisroe. They have a dedicated workforce and a strong commitment to providing high-quality services to their clients.

Morrisroe Limited can be contacted through their website, which provides information about their services, projects, and sustainability efforts. Their registered office address is located in London, and they have offices in various locations across the UK. Overall, Morrisroe Limited is a reputable and sustainable company that offers a range of services in the construction and civil engineering industry.

Financial Metrics

Cash
£12,889,344
Net Worth
£47,030,421
Total Current Assets
£73,259,816
Total Current Liabilities
£31,757,678

Company Location