MICHELMERSH BRICK UK LIMITED

PaymentCheck Score 2025
64Fair
#3130 in UK
#85 in Supply Chain
#513 in South East

Company Information

Company Number
02527552
Registered Address
Freshfield Lane, Danehill, Haywards Heath, West Sussex, RH17 7HH
Status
Active
Employee Count
339
Turnover
£59,307,000
EBITDA
£15,626,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 August 1990
Nature of Business
23320 - Manufacture of bricks, tiles and construction products, in baked clay
Industries
Supply Chain,Manufacturing And Commerce Models
Region
South East

Time to Pay

Average Time to Pay
32 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
45%
31-60 Days
49%
After 60 Days
6%
Not Paid Within Terms15%

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)

Company Review

Trend Analysis

The data for MICHELMERSH BRICK UK LIMITED shows a relatively consistent trend in the average time taken to pay invoices, with a slight decrease in the most recent period. However, there has been a fluctuation in the percentage of invoices paid within 30 days, with a decrease in the most recent period after a steady increase in the previous periods. The percentage of invoices paid between 31 and 60 days has also seen a slight decrease in the most recent period. The percentage of invoices paid later than 60 days has fluctuated, with a significant increase in the second period and a decrease in the most recent period. There has also been a slight increase in the percentage of invoices not paid within agreed terms in the most recent period.

Volatility Analysis

The data for MICHELMERSH BRICK UK LIMITED shows a low volatility in the average time taken to pay invoices, with only a slight decrease in the most recent period. However, there has been a higher volatility in the percentage of invoices paid within 30 days, with a decrease in the most recent period after a steady increase in the previous periods. The percentage of invoices paid between 31 and 60 days has also seen a slight decrease in the most recent period. The percentage of invoices paid later than 60 days has fluctuated, with a significant increase in the second period and a decrease in the most recent period. There has also been a slight increase in the percentage of invoices not paid within agreed terms in the most recent period.

Summary Analysis

For MICHELMERSH BRICK UK LIMITED, the average time taken to pay invoices has remained relatively consistent over the past three periods, with a slight decrease in the most recent period. However, there has been a fluctuation in the percentage of invoices paid within 30 days, with a decrease in the most recent period after a steady increase in the previous periods. The worst period for this company was the second period (2018-07-01 to 2018-12-31) where the percentage of invoices paid later than 60 days was highest at 53%. The shortest (or only) standard payment period for this company is 7 days, which has remained consistent over the past three periods. There has also been a slight increase in the percentage of invoices not paid within agreed terms in the most recent period.

Performance Reports History

Reporting Period Filed: 2023-08-09
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 Aug 20253539%54%7%14%
01 Jul 2023 - 31 Dec 202321 Feb 20243539%52%9%14%
01 Jan 2023 - 30 Jun 202309 Aug 20233245%49%6%15%
01 Jul 2022 - 31 Dec 202219 Jan 20233249%44%7%15%
01 Jan 2022 - 30 Jun 202219 Jan 20233147%49%4%16%
01 Jul 2021 - 31 Dec 202122 Jun 20223150%44%5%15%
01 Jan 2021 - 30 Jun 202104 Aug 20213345%50%5%13%
01 Jul 2020 - 31 Dec 202016 Feb 20213738%51%10%19%
01 Jan 2020 - 30 Jun 202025 Aug 20203244%52%3%25%
01 Jul 2019 - 31 Dec 201909 Jan 20203638%51%10%18%
01 Jan 2019 - 30 Jun 201924 Oct 20193340%54%5%22%
01 Jul 2018 - 31 Dec 201801 Feb 20193243%53%5%19%
01 Jan 2018 - 30 Jun 201812 Jul 20186353%45%2%24%

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

Payment terms are net monthly IE 31 days after month end of transactions.

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Invoices disputed are handled by our purchase ledger team (accounts@mbhplc.co.uk) who will liaise with the suppliers and the relevant branch to resolve the query.

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

MICHELMERSH BRICK UK LIMITED is a leading brick manufacturer in the United Kingdom. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.

Their sustainability program includes using locally sourced materials, such as clay from their own quarries, to reduce transportation emissions. They also have a closed-loop water system, which minimizes water usage and waste.

The company offers a wide range of high-quality bricks for both commercial and residential projects. Their products are known for their durability and aesthetic appeal, making them a popular choice among architects and builders.

The key people at MICHELMERSH BRICK UK LIMITED include the CEO, Martin Warner, who has over 25 years of experience in the brick manufacturing industry. The company also has a dedicated sustainability team, led by the Sustainability Manager, who is responsible for implementing and monitoring their sustainability initiatives.

To contact MICHELMERSH BRICK UK LIMITED, individuals can visit their website at www.michelmersh.co.uk. Their registered office address is Michelmersh House, Stockbridge, Hampshire, SO20 6PR.

In conclusion, MICHELMERSH BRICK UK LIMITED is a reputable brick manufacturer in the UK, known for their commitment to sustainability and high-quality products. With experienced leadership and a dedicated sustainability team, the company continues to strive towards reducing their environmental impact while providing top-notch products for their customers.

Financial Metrics

Cash
£4,500,000
Net Worth
£19,737,000
Total Current Assets
£20,685,000
Total Current Liabilities
£11,506,000

Company Location