MACE LIMITED
Company Information
- Company Number
- 02410626
- Registered Address
- 155 Moorgate, London, EC2M 6XB
- Status
- Active
- Employee Count
- 6700.0
- Turnover
- 1936488000.0
- EBITDA
- 50502000.0
Additional Details
- Website
- https://mace.ie/
- Company Type
- Private limited Company
- Incorporated On
- 2 August 1989
- Nature of Business
- 41100 - Development of building projects$41201 - Construction of commercial buildings$64203 - Activities of construction holding companies$70229 - Management consultancy activities other than financial management
- Industries
- Property,Infrastructure And Construction
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 30 Jan 2024 | 26 | 87% | 8% | 5% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 26 | 86% | 9% | 5% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 28 | 86% | 9% | 5% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 29 | 83% | 11% | 6% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 29 | 80% | 14% | 6% | 17% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 32 | 63% | 26% | 10% | 29% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 30 | 72% | 20% | 8% | 28% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 28 | 74% | 19% | 6% | 26% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 26 | 81% | 15% | 4% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 30 | 78% | 15% | 7% | 23% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 34 | 74% | 18% | 8% | 26% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 45 | 50% | 36% | 14% | 43% |
Company Summary
MACE LIMITED is a construction and consultancy company based in the United Kingdom
The company was founded in 1990 and has since then been involved in various construction projects both in the UK and internationally
Sustainability is a key focus for MACE LIMITED, and the company has a dedicated sustainability program in place
This includes the use of sustainable materials, reducing waste and promoting energy efficiency in their projects
They also have a commitment to promoting diversity and inclusion within their workforce and supply chain
MACE LIMITED offers a range of services including project management, construction, and consultancy in various sectors such as commercial, residential, and infrastructure
They have a strong track record of delivering projects on time and within budget, earning them a reputation as a reliable and reputable company
The company is led by a team of experienced and highly skilled professionals, including CEO Mark Reynolds
They have a workforce of over 6,000 employees globally, and their headquarters are located in London
MACE LIMITED also has offices in other major cities in the UK and around the world
For more information on their services, projects, and sustainability efforts, interested parties can visit their website at www.macegroup.com
Their registered office address is Mace Limited, 155 Moorgate, London EC2M 6XB, United Kingdom
In summary, MACE LIMITED is a leading construction and consultancy company with a strong focus on sustainability and a commitment to delivering high-quality projects
With a team of experienced professionals and a dedication to promoting diversity and inclusion, they continue to be a major player in the construction industry
Company Review
Trend Analysis
The trend for MACE LIMITED's average time to pay invoices has been gradually decreasing over the past three periods, with a 19% decrease from 2018-2019 and a 9% decrease from 2019-2020. However, there was a slight increase of 3% from 2020-2021 before another decrease of 3% from 2021-2022.
Volatility Analysis
The volatility in MACE LIMITED's average time to pay invoices has been relatively low, with only a 10% difference between the highest and lowest values in the past three periods.
Summary Analysis
In the past three periods, MACE LIMITED has shown a consistent trend of decreasing their average time to pay invoices and increasing the percentage of invoices paid within 30 days. However, there has been some fluctuation in the percentage of invoices paid between 31 and 60 days and those paid later than 60 days. Overall, there has been low volatility in the average time to pay invoices, but higher volatility in the percentages of invoices paid within different time frames.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days are our most frequently used terms, although we have agreed longer terms with some of our suppliers. Some suppliers insist on payment on receipt of invoice and these are processed on the next available payment run.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
As part of this submission we also present our payment performance for small suppliers, defined as companies with fewer than 50 employees, in accordance with the Prompt Payment Code: Average number of days to pay invoices: 19 % of invoices paid within 30 days: 91% % of invoices paid between 31 and 60 days: 5% % of invoices paid in 61 days or longer: 4% % of invoices due which were not paid within the agreed payment period: 10%
Maximum contractual payment period agreed
60
Dispute Resolution Process
Our dispute resolution process is published on our website here: https://www.macegroup.com/people/suppliers
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.
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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
