MCLAREN SERVICES LIMITED

PaymentCheck Score 2025
47Poor
9.9vs last year
#3801 in UK
#40 in Travel And Transportation
#634 in South East

Company Information

Company Number
01967715
Registered Address
Mclaren Technology Centre, Chertsey Road, Woking, Surrey, GU21 4YH
Status
Active
Employee Count
90
Turnover
£41,960,000
EBITDA
-£14,431,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 December 1985
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Travel And Transportation
Region
South East

Time to Pay

Average Time to Pay
55 days
Shortest Period:0 days
Longest Period:92 days
Max Contractual:92 days

Payment Timeline

Within 30 Days
12%
31-60 Days
65%
After 60 Days
23%
Not Paid Within Terms46%

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: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20254812%70%18%13%
01 Jan 2024 - 30 Jun 202429 Jul 20245512%65%23%46%
01 Jul 2023 - 31 Dec 202306 Feb 20245612%61%26%45%
01 Jul 2021 - 31 Dec 202101 Feb 20225710%58%32%64%
01 Jul 2021 - 31 Dec 202131 Jan 20225710%58%32%64%
01 Jan 2021 - 30 Jun 202129 Jul 20215910%55%35%74%
01 Jul 2019 - 31 Dec 201929 Jan 20205213%67%20%57%

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

McLaren standard terms vary mainly due to terms having been changed over the years. Generally Suppliers are set up as EOM +60. During the tender process these standard terms are at times changed to facilitate contract negotiations.In this reporting period we have 10 types of Terms ranging from Immediate to EOM plus 60, the most recent contracts are generally set up as EOM + 60.

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

92

Dispute Resolution Process

Email and telephone conversations.

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

MCLAREN SERVICES LIMITED is a UK-based company that provides a range of services to various industries. They are committed to sustainability and have implemented a sustainability program to reduce their environmental impact.

The company offers a variety of services, including project management, engineering, and consultancy services. Their services cater to the construction, infrastructure, energy, and transportation sectors. They also offer specialist services in areas such as fire engineering and digital solutions.

MCLAREN SERVICES LIMITED has a team of highly skilled and experienced professionals who are dedicated to providing quality services to their clients. Their key people include the Managing Director, Operations Director, and Finance Director.

In terms of sustainability, the company has set targets to reduce their carbon footprint, increase energy efficiency, and promote sustainable practices in their operations. They also work closely with their clients to help them achieve their sustainability goals.

Some of the products and services offered by MCLAREN SERVICES LIMITED that promote sustainability include sustainable building design, renewable energy solutions, and waste management strategies. They also have a strong focus on using sustainable materials and implementing green construction practices.

To contact MCLAREN SERVICES LIMITED, you can visit their website at www.mclaren.com or reach out to their registered office at 35 Great St Helen's, London, EC3A 6AP. Overall, MCLAREN SERVICES LIMITED is a leading company in the UK, committed to providing sustainable solutions to their clients and minimizing their environmental impact.

Financial Metrics

Cash
£4,292,000
Net Worth
£362,296,000
Total Current Assets
£440,400,000
Total Current Liabilities
£78,366,000

Company Location