| 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 Sept 2024 - 28 Feb 2025 | 31 Mar 2025 | 38 | 39% | 47% | 14% | 5% |
| 01 Mar 2024 - 31 Aug 2024 | 27 Sept 2024 | 43 | 29% | 49% | 22% | 6% |
| 01 Sept 2023 - 29 Feb 2024 | 26 Mar 2024 | 43 | 27% | 50% | 23% | 10% |
| 01 Mar 2023 - 31 Aug 2023 | 28 Sept 2023 | 44 | 25% | 53% | 22% | 6% |
This information is as reported by the business, and responses are in their own words.
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
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.
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Munro Building Services Limited is a mechanical and electrical (M&E) building services contractor. It provides design, installation and maintenance of M&E systems across sectors including healthcare, science and research, education, universities and colleges, student accommodation, leisure and commercial premises. The company works as part of the construction supply chain, having been recognised by Morgan Sindall Construction for pre-construction support on school and other building projects, and has contributed to projects such as a university research institute and community facilities. It offers apprenticeship and training routes into mechanical and electrical trades. Registered in England since 1990, its SIC codes cover electrical installation, plumbing and heating/air-conditioning installation, and other construction installation work.
Generated from the company's website and Companies House records. Sources: munrobuildingservices.co.uk