MAYBORN UK LIMITED

PaymentCheck Score 2021
50Poor
0.8vs last year
#4048 in UK
#76 in North East

Company Information

Company Number
01894022
Registered Address
Mayborn House, Balliol Business Park, Newcastle Upon Tyne, United Kingdom, NE12 8EW
Status
Active
Employee Count
218
Turnover
£137,027,000
EBITDA
£22,435,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 March 1985
Nature of Business
22290 - Manufacture of other plastic products
46499 - Wholesale of household goods (other than musical instruments) not elsewhere classified
Industries
Coming Soon
Region
North East

Time to Pay

Average Time to Pay
54 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
25%
31-60 Days
47%
After 60 Days
28%
Not Paid Within Terms9%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The average time taken for MAYBORN (UK) LIMITED to pay invoices has increased steadily over the past 3 years, with a slight decrease in the first half of 2020. The percentage of invoices paid within 30 days has also decreased, while the percentage of invoices paid later than 60 days has increased.

Volatility Analysis

The volatility of MAYBORN (UK) LIMITED's payment behavior has been relatively stable, with only minor fluctuations in the average time taken to pay invoices and the percentage of invoices paid within agreed terms.

Performance Reports History

Reporting Period Filed: 2021-07-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202117 Jul 20215425%47%28%9%
01 Jul 2020 - 31 Dec 202026 Jan 20214922%49%29%6%
01 Jan 2020 - 30 Jun 202020 Jul 20204630%41%29%33%
01 Jul 2019 - 31 Dec 201907 Feb 20204623%46%31%6%
01 Jan 2019 - 30 Jun 201908 Aug 20194430%48%22%7%
01 Jul 2018 - 31 Dec 201816 Apr 20194624%52%24%0%
01 Jan 2018 - 30 Jun 201831 Jul 20183823%46%31%6%

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 payment terms 60 days. Supplier form is signed before work is commenced agreeing to these terms unless over-ridden by contract

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

No

Any other information about payment terms

E invoicing- welcome all suppliers to email copy invoices to accountspayable@mayborngroup.com BACs payment runs weekly Wed to hit bank Fri

Maximum contractual payment period agreed

90

Dispute Resolution Process

Business disputes regarding payments- email accountspayable@mayborngroup.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

MAYBORN (UK) LIMITED is a leading company in the baby and child care industry, dedicated to providing high-quality and innovative products to support parents and their children. Founded in 1932 in the United Kingdom, MAYBORN has a strong commitment to sustainability and ethical business practices.

Their sustainability program focuses on reducing their environmental impact by implementing energy-efficient practices, promoting waste reduction and recycling, and sourcing sustainable materials for their products. They also prioritize the well-being of their employees and the communities in which they operate.

MAYBORN offers a wide range of products and services, including baby bottles, pacifiers, breastfeeding accessories, and baby monitors under their well-known brands, Tommee Tippee and The Gro Company. They continuously invest in research and development to ensure their products meet the highest safety and quality standards.

The key people at MAYBORN include the CEO, Martin Jamieson, who has been with the company since 2013 and has over 20 years of experience in the consumer goods industry. The company also has a dedicated team of experts in design, engineering, and product development, who work together to create innovative and functional products.

For further information and inquiries, MAYBORN (UK) LIMITED can be contacted through their website, www.mayborn.com, or their registered office address at Mayborn House, Balliol Business Park West, Benton Lane, Newcastle Upon Tyne, NE12 8EW, United Kingdom.

Financial Metrics

Cash
£33,963,000
Net Worth
£85,430,000
Total Current Assets
£206,239,000
Total Current Liabilities
£139,738,000

Company Location