MITSUBISHI CORPORATION INTERNATIONAL (EUROPE) PLC

PaymentCheck Score 2025
90Excellent
0.6vs last year
#859 in UK
#7 in Raw Materials And Intermediate Goods
#394 in London

Company Information

Company Number
02214224
Registered Address
Mid City Place, 71 High Holborn, London, WC1V 6BA
Status
Active
Employee Count
74
Turnover
£1,127,192,000
EBITDA
£38,209,000

Additional Details

Company Type
Public limited Company
Incorporated On
26 January 1988
Nature of Business
46190 - Agents involved in the sale of a variety of goods
Industries
Raw Materials And Intermediate Goods
Region
London

Time to Pay

Average Time to Pay
20 days
Shortest Period:7 days
Longest Period:100 days
Max Contractual:100 days

Payment Timeline

Within 30 Days
85%
31-60 Days
14%
After 60 Days
1%
Not Paid Within Terms10%

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: 2025-04-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20252087%12%1%10%
01 Oct 2024 - 31 Mar 202525 Apr 20252085%14%1%10%
01 Oct 2023 - 31 Mar 202424 Apr 20242085%13%2%10%
01 Apr 2023 - 30 Sept 202328 Oct 20232082%16%2%10%
01 Apr 2022 - 30 Sept 202231 Oct 20222181%16%3%10%
01 Apr 2021 - 30 Sept 202128 Oct 20212186%9%5%10%
01 Oct 2020 - 31 Mar 202130 Apr 20212385%10%5%10%
01 Apr 2019 - 30 Sept 201924 Oct 20193275%16%9%10%
01 Apr 2018 - 30 Sept 201830 Oct 20182778%15%7%10%

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

MCIE does not have standard payment terms. Payment terms are agreed individually with suppliers, the most frequently used payment terms during the reporting period were between 7 days and 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

100

Dispute Resolution Process

With respect to contracts with suppliers in the event of a dispute the first point of contact is normally the department within the company that has ordered the goods or services. If it is not possible for the department responsible for an order to resolve a dispute they will liaise with Legal and Compliance department.

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

MITSUBISHI CORPORATION INTERNATIONAL (EUROPE) PLC is a leading global company that operates in a wide range of industries, including energy, metals, machinery, chemicals, and food. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact and promote social responsibility.

Their sustainability program focuses on four key areas: climate change, resource management, biodiversity, and human rights. They have set ambitious targets to reduce their carbon emissions and use resources more efficiently, as well as promote conservation and respect for human rights in their operations.

Mitsubishi Corporation International offers a diverse range of products and services, including trading, manufacturing, and investment activities. They have a strong presence in the European market and work closely with local partners to provide high-quality products and services to their customers.

The key people at Mitsubishi Corporation International include their President and CEO, Takehiko Kakiuchi, and their Chairman, Nobuaki Koga. They lead a team of experienced professionals who are dedicated to driving the company's growth and promoting sustainability.

Their registered office address is 1-2-1 Marunouchi, Chiyoda-ku, Tokyo 100-8086, Japan. Their website (https://www.mitsubishicorp.com/jp/en/) provides detailed information on their company, sustainability program, products, and services. They also have a contact form on their website for inquiries and a list of their global offices for direct contact.

Financial Metrics

Cash
£1,501,000
Net Worth
£156,474,000
Total Current Assets
£624,121,000
Total Current Liabilities
£399,824,000

Company Location