MUNRO BUILDING SERVICES LIMITED

PaymentCheck Score 2025
64Fair
2.9vs last year
#2835 in UK
#209 in Property
#106 in East Midlands

Company Information

Company Number
02554373
Registered Address
High Edge Court Church Street, Heage, Belper, England, DE56 2BW
Status
Active
Employee Count
179
Turnover
£53,824,000
EBITDA
£2,280,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 November 1990
Nature of Business
43210 - Electrical installation
43220 - Plumbing, heat and air-conditioning installation
43290 - Other construction installation
Industries
Property, Infrastructure And Construction, Property-related Goods And Services, Supply Chain, Manufacturing And Commerce Models
Region
East Midlands

Time to Pay

Average Time to Pay
38 days
Shortest Period:15 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
39%
31-60 Days
47%
After 60 Days
14%
Not Paid Within Terms5%

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: 2025-03-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202531 Mar 20253839%47%14%5%
01 Sept 2023 - 29 Feb 202426 Mar 20244327%50%23%10%
01 Mar 2023 - 31 Aug 202328 Sept 20234425%53%22%6%

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: End of Month plus 14 days End of Month plus 21 days End of Month following tax point of invoice End of Month following tax point of invoice plus 30 days Subcontractors: Standard JCT/NEC contract terms (typically 35 to 42 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

90

Dispute Resolution Process

The individual project engineer is responsible for dealing with any dispute arising from either a supplier or subcontractor. If the dispute cannot be resolved through the normal process as detailed above the matter will be escalated internally to a Director of the company.

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

MUNRO BUILDING SERVICES LIMITED is a construction company based in the UK, specializing in providing sustainable building solutions. They offer a wide range of products and services such as design, installation, and maintenance of mechanical and electrical systems for commercial and industrial buildings.

One of their key focuses is on sustainability and the company has implemented various measures to reduce their environmental impact. They prioritize using energy-efficient materials and technologies in their projects, as well as promoting waste reduction and recycling practices.

The company is led by a team of experienced and highly skilled professionals, including managing director Andrew Sneddon and finance director John Buckley. With over 50 years of experience in the industry, they have established a strong reputation for delivering high-quality and sustainable building services.

MUNRO BUILDING SERVICES LIMITED can be contacted through their website, which provides information on their services, projects, and sustainability efforts. Their registered office address is located at 3 Little End Road, Eaton Socon, St Neots, Cambridgeshire, PE19 8JH, UK.

In summary, MUNRO BUILDING SERVICES LIMITED is a leading construction company in the UK, offering sustainable building solutions through their range of products and services. With a strong focus on sustainability and a team of experienced professionals, they are committed to providing high-quality and environmentally friendly building services.

Financial Metrics

Cash
£11,775,871
Net Worth
£9,013,483
Total Current Assets
£21,877,181
Total Current Liabilities
£13,070,660

Company Location