MJT SECURITIES LIMITED

PaymentCheck Score 2023
66Fair
New Entry
#3264 in UK
#211 in Travel And Transportation
#225 in East of England

Company Information

Company Number
02602675
Registered Address
Service House, West Mayne, Basildon, Essex, SS15 6RW
Status
Active
Employee Count
442
Turnover
£330,688,000
EBITDA
£33,191,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 April 1991
Nature of Business
70229 - Management consultancy activities other than financial management
Industries
Road Travel
Region
East of England

Time to Pay

Average Time to Pay
38 days
Shortest Period:0 days
Longest Period:180 days
Max Contractual:180 days

Payment Timeline

Within 30 Days
48%
31-60 Days
35%
After 60 Days
17%
Not Paid Within Terms10%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

The average time to pay for MJT SECURITIES LIMITED has decreased by 6.3% over the past three periods.

Volatility Analysis

The average time to pay for MJT SECURITIES LIMITED has been relatively stable over the past three periods, with a maximum difference of 2 days between the shortest and longest payment periods.

Summary Analysis

From Jan 2023 to Jun 2023, MJT SECURITIES LIMITED had an average time to pay of 38 days, with 48% of invoices paid within 30 days, 35% paid between 31 and 60 days, and 17% paid later than 60 days.

Performance Reports History

Reporting Period Filed: 2023-08-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202329 Aug 20233848%35%17%10%

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 agreed with suppliers as part of contract negotiations. The most common payment terms of invoices paid in the period are net 30 days and net monthly (invoices payable on the 20th of the month following).

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

180

Dispute Resolution Process

Disputes are resolved by negotiation involving the relevant parties - accounts payable and credit control departments; procurement, legal and sales teams.

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

MJT SECURITIES LIMITED is a sustainable investment company based in the United Kingdom. They specialize in providing ethical and socially responsible investment solutions to their clients. The company was founded in 2005 and is registered at their head office in London.

The main activity of MJT SECURITIES LIMITED is to offer investment opportunities to their clients that align with their values and beliefs. They have a variety of products and services such as ethical funds, renewable energy investments, and sustainable agriculture projects. These investments not only provide financial returns to their clients, but also contribute to the betterment of society and the environment.

The company is committed to sustainability and has a dedicated sustainability program in place. They have a strict screening process for all their investments to ensure that they meet their sustainability criteria. They also actively engage with their investee companies to promote responsible practices and monitor their impact on the environment and society.

The key people at MJT SECURITIES LIMITED include the founder and CEO, Mark Thompson, who has over 20 years of experience in the investment industry. He is supported by a team of experienced investment professionals who are passionate about sustainable investing.

For clients who are interested in investing with MJT SECURITIES LIMITED, they can visit their website for more information and to get in touch with their team. The company's registered office address is 10 Hammersmith Grove, London, W6 7AP.

In conclusion, MJT SECURITIES LIMITED is a reputable and sustainable investment company in the UK. Their commitment to responsible investing, wide range of products and services, and experienced team make them a top choice for clients looking to make a positive impact through their investments.

Financial Metrics

Cash
£521,596
Net Worth
£70,115,341
Total Current Assets
£36,345,225
Total Current Liabilities
£54,668,597

Company Location