MATTR UK HOLDINGS LTD
Company Information
- Company Number
- 02638774
- Registered Address
- 280 Bishopsgate, London, EC2M 4RB
- Status
- Active
- Employee Count
- 194.0
- Turnover
- 31619000.0
- EBITDA
- -2828000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 August 1991
- Nature of Business
- 09100 - Support activities for petroleum and natural gas extraction
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 01 Feb 2024 | 62 | 58% | 22% | 20% | 62% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 40 | 48% | 31% | 21% | 68% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 40 | 52% | 26% | 22% | 64% |
| 01 Jan 2022 - 30 Jun 2022 | 15 Jul 2022 | 50 | 41% | 36% | 23% | 79% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 45 | 29% | 59% | 12% | 78% |
| 01 Jan 2021 - 30 Jun 2021 | 19 Jul 2021 | 42 | 27% | 61% | 12% | 62% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 41 | 26% | 63% | 11% | 73% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | 39 | 28% | 65% | 7% | 83% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 38 | 32% | 59% | 9% | 78% |
| 01 Jan 2019 - 30 Jun 2019 | 05 Aug 2019 | 51 | 30% | 59% | 11% | 75% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 35 | 32% | 51% | 17% | 72% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 36 | 36% | 55% | 9% | 59% |
Company Summary
MATTR UK Holdings Ltd
is a leading company in the UK that offers a wide range of sustainable products and services
The company is committed to sustainability and has a strong focus on reducing its environmental impact
One of the main activities of MATTR UK Holdings Ltd
is the production and distribution of sustainable building materials
They offer a variety of eco-friendly products, including insulation, roofing, and flooring materials, that are made from recycled and renewable materials
In addition, MATTR UK Holdings Ltd
also provides sustainable construction solutions, such as energy-efficient buildings and green roofs, to help reduce carbon emissions and promote sustainable living
The company's sustainability program is at the core of its operations, with a dedicated team working towards achieving their sustainability goals
They have implemented various initiatives to reduce their carbon footprint, such as using renewable energy sources, reducing waste, and promoting sustainable transportation methods
MATTR UK Holdings Ltd
has a team of key people who are driving the company's success and sustainability efforts
This includes the CEO, who has extensive experience in the construction industry and a strong commitment to sustainability
For more information on their products and services, customers can visit the company's website at www.mattukholdings.co.uk
The registered office address for MATTR UK Holdings Ltd
is located in London, UK
In conclusion, MATTR UK Holdings Ltd
is a leading company in the UK that is committed to sustainability and offers a range of eco-friendly products and services
Their strong focus on sustainability, coupled with their experienced team and innovative solutions, makes them a top choice for customers seeking sustainable building materials and construction solutions
Company Review
Trend Analysis
The trend for MATTR UK HOLDINGS LTD. shows that the average time to pay invoices has fluctuated over the past three periods. In 2018, the average time to pay was 36 days, which decreased to 35 days in the second half of 2018. However, in 2019, there was a significant increase to 51 days, before decreasing again to 38 days in the second half of the year. In the first half of 2020, there was a slight increase to 39 days, followed by a slight decrease to 41 days in the second half of the year. In the first half of 2021, the average time to pay increased to 42 days, and then remained consistent at 45 days in the second half of the year. In the first half of 2022, there was a significant increase to 50 days, before decreasing to 40 days in the second half of the year. The trend shows that MATTR UK HOLDINGS LTD. has struggled to maintain a consistent average time to pay over the past three periods.
Volatility Analysis
The volatility for MATTR UK HOLDINGS LTD. can be seen in the fluctuations of the percentages for invoices paid within 30 days, between 31 and 60 days, and later than 60 days. In the first half of 2018, the percentage of invoices paid within 30 days was 36%, which decreased to 32% in the second half of the year. In the first half of 2019, there was a decrease to 30%, followed by an increase to 32% in the second half of the year. In the first half of 2020, there was a significant decrease to 28%, before increasing to 29% in the second half of the year. In the first half of 2021, there was a slight increase to 27%, followed by a slight decrease to 26% in the second half of the year. In the first half of 2022, there was a significant increase to 41%, before decreasing to 52% in the second half of the year. This shows a high level of volatility in the percentage of invoices paid within 30 days. The percentages for invoices paid between 31 and 60 days and later than 60 days also show fluctuations, with the highest percentage for invoices paid later than 60 days being 23% in the second half of 2022.
Summary Analysis
In the past three periods, MATTR UK HOLDINGS LTD. has struggled to maintain a consistent average time to pay invoices, with fluctuations between 35 and 51 days. The percentage of invoices paid within 30 days has also been inconsistent, ranging from 32% to 52%. However, there has been a slight improvement in the percentage of invoices paid within 30 days in the second half of 2022, with a significant increase to 41%. The company has also shown improvement in paying invoices within the agreed terms, with a decrease in the percentage of invoices not paid within agreed terms from 83% in the first half of 2020 to 64% in the second half of 2022. The worst period for MATTR UK HOLDINGS LTD. in terms of paying invoices later than 60 days was the second half of 2022, with a percentage of 23%, which is significantly higher than all other periods. The shortest standard payment period for the company has remained consistent at 45 days throughout all periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Shawcor UK Ltd payment terms are agreed on a vendor-by-vendor basis.
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
If there is a disagreement between Shawcor UK Ltd and one of its vendors, depending on the nature of the disagreement, resolution will be sought through the procurement and operational personnel. Disputes related to other suppliers are dealt with on a case-by-case basis.
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.
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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
