MORSON PROJECTS LIMITED
Company Information
- Company Number
- 01457298
- Registered Address
- Adamson House, Centenary Way, Salford, Manchester, M50 1RD
- Status
- Active
- Employee Count
- 300
- Turnover
- £65,405,000
- EBITDA
- £4,552,000
Additional Details
- Website
- https://morson.com/projects
- Company Type
- Private limited Company
- Incorporated On
- 26 October 1979
- Nature of Business
- 27120 - Manufacture of electricity distribution and control apparatus71121 - Engineering design activities for industrial process and production71129 - Other engineering activities78300 - Human resources provision and management of human resources functions
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 11 | 98% | 2% | 0% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 10 | 98% | 2% | 0% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 10 | 96% | 4% | 0% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 11 | 92% | 8% | 0% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 11 | 93% | 7% | 0% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 13 | 90% | 10% | 0% | 9% |
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
Payments to contractors are the most significant supplier payment type by volume and these are generally paid in 7 days on receipt of correctly approved timesheet or invoice. For other transactions we agree appropriate terms of payment with suppliers and on timely receipt of satisfactory invoices payments are made to terms. Typical terms are 30 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
90
Dispute Resolution Process
Morson Projects Payroll function undertakes and oversees the payments made to Contractors, the payroll team work closely in conjunction with Morson Projects Commercial team who ensure that all timesheets and invoices that are expected are received in a timely manner. Any payment queries are in the first instance directed to either the Commercial team or the Payroll team who will try to resolve the matter, if for any reason this can not be resolved then the queries are then escalated higher to a member of the Ops Board team. Other supplier disputes are dealt with by the Purchase ledger team, if these disputes can not be resolved they are then directed to the Management Accountant or Financial Director.
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
MORSON PROJECTS LIMITED is a leading engineering and technical recruitment company based in the United Kingdom. They offer a wide range of services including recruitment, training, and project management for various industries such as aerospace, construction, and energy.
One of their key focuses is sustainability, and they have implemented a sustainability program to reduce their environmental impact and promote sustainable practices within their business operations. This includes initiatives such as reducing paper usage, promoting energy-efficient practices, and encouraging their employees to use public transportation.
The company also offers a variety of products and services to their clients, including temporary and permanent recruitment solutions, training and development programs, and project management services. They have a team of experienced and skilled professionals who work closely with their clients to provide customized solutions that meet their specific needs.
Some of the key people at MORSON PROJECTS LIMITED include their CEO, Ged Mason, who has over 30 years of experience in the recruitment industry, and their Group Director, Adrian Adair, who has over 20 years of experience in the aerospace and defense sector.
Their website, www.morson.com, provides detailed information about their services, job opportunities, and their sustainability program. The registered office address for MORSON PROJECTS LIMITED is Adamson House, Centenary Way, Salford, M50 1RD, United Kingdom.
In summary, MORSON PROJECTS LIMITED is a reputable and sustainable company that offers a range of engineering and technical recruitment services. With their commitment to sustainability and a team of experienced professionals, they continue to be a leader in their industry.
