MEARS LIMITED
Company Information
- Company Number
- 02519234
- Registered Address
- 1390 Montpellier Court, Gloucester Business Park, Brockworth, Gloucester, GL3 4AH
- Status
- Active
- Employee Count
- 2,745
- Turnover
- £757,175,000
- EBITDA
- £74,864,000
Additional Details
- Website
- https://mearsgroup.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 6 July 1990
- Nature of Business
- 81100 - Combined facilities support activities
- Industries
- Coming Soon
- Region
- South 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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 27 | 58% | 40% | 2% | 16% |
| 01 Jul 2024 - 31 Dec 2024 | 13 Jan 2025 | 22 | 68% | 30% | 2% | 11% |
| 01 Jan 2024 - 30 Jun 2024 | 13 Jan 2025 | 20 | 65% | 34% | 1% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 20 | 70% | 28% | 2% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 12 Jan 2023 | 23 | 60% | 37% | 3% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 03 Aug 2022 | 24 | 57% | 39% | 4% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Feb 2022 | 26 | 57% | 38% | 5% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Sept 2021 | 18 | 71% | 25% | 4% | 18% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 18 | 73% | 23% | 4% | 17% |
| 01 Jul 2019 - 31 Dec 2019 | 01 Feb 2020 | 39 | 36% | 51% | 13% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 27 Jul 2019 | 57 | 16% | 41% | 43% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 09 Feb 2019 | 60 | 15% | 38% | 47% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 58 | 14% | 42% | 44% | 15% |
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
Suppliers: 30 days nett monthly (smaller non-core suppliers) or 60 days nett monthly (larger core suppliers) Subcontractors 30 days nett monthly (standard terms) or all approved invoices paid 6/16/26th of the month (Mears Payables)
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
60
Dispute Resolution Process
Mears Limited actively seeks to resolve disputes by discussing with relevant personnel at the supplier. Discussions may involve accounts payable and credit control, procurement and commercial teams as well as members of management where necessary.
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
MEARS LIMITED is a leading company in the construction and maintenance industry, providing a wide range of services to both public and private sector clients. The company was established in 1988 and is based in London, with over 100 offices across the UK.
The company's main activities include construction, repairs, and maintenance of buildings, social housing, and infrastructure projects. They also offer facilities management, energy solutions, and property services. MEARS LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability team that works towards implementing eco-friendly practices in their operations.
MEARS LIMITED offers a range of sustainable products and services, including renewable energy solutions, energy-efficient buildings, and green infrastructure. They also promote waste reduction and recycling, use of sustainable materials, and implementing sustainable construction practices. This has earned them recognition and awards for their sustainability efforts.
The key people at MEARS LIMITED include the CEO, David Miles, and the Executive Director, John Taylor. They have a team of experienced and skilled professionals who are committed to providing high-quality services to their clients.
For any inquiries or information, MEARS LIMITED can be contacted through their website, www.mearsgroup.co.uk, or their registered office address at 1390 Montpelier Court, Gloucester Business Park, Gloucester, GL3 4AH. With their strong focus on sustainability and expertise in the construction and maintenance industry, MEARS LIMITED continues to be a leading company in the UK.
