MOUNT ANVIL LIMITED

Company Information

Company Number
02706348
Registered Address
140 Aldersgate Street, London, EC1A 4HY
Status
Active
Employee Count
207
Turnover
£254,240,000
EBITDA
£4,488,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 April 1992
Nature of Business
41202 - Construction of domestic buildings
Industries
Property, Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
26 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
82%
31-60 Days
13%
After 60 Days
5%
Not Paid Within Terms24%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201830 Jul 20183173%19%8%31%

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

Under the standard contractual terms we commit to the payment of all undisputed sums properly due to third party suppliers within 30 days of receipt of a valid invoice, unless a specific request has been made by the supplier to be paid sooner and of which has been agreed by Mount Anvil Ltd. The supplier shall, following acceptance of any deliverables, be entitled to submit an invoice for the appropriate charge. Each invoice shall contain the particulars required by statute in respect of VAT, purchase order number, as prescribed in the agreement, and shall be sent to the address specified in the agreement (PO). Payment of a correct invoice submitted in accordance to the above shall be made within 30 days from the date of receipt.

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

30

Dispute Resolution Process

All invoices must have a purchase order, which in turn authorises the invoice. Mount Anvil Ltd have a dedicated Accounts Payable team who will reach out to the originator of the services/goods requested if it is not clear from the system why the invoice has been received without an appropriate order being raised and approved prior to receipt of an invoice. Should it be required they will then seek assistance to resolve the dispute from the originator (typically the person who ordered the goods or services and of whom has been named on the invoice). It may be that a purchase order has to be raised retrospectively, or adjusted, to match the invoiced amount, or we request credit from the supplier.

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

MOUNT ANVIL LIMITED is a leading UK-based property developer and construction company that specializes in creating high-quality residential and commercial properties. Founded in 1991, the company has built a strong reputation for delivering innovative and sustainable developments.

Sustainability is at the core of MOUNT ANVIL LIMITED's operations, and the company is committed to reducing its environmental impact. They have developed a comprehensive sustainability program that focuses on energy efficiency, waste reduction, and responsible sourcing of materials. This program has earned them several awards and certifications, including the BREEAM sustainability rating and the Considerate Constructors Scheme.

The company offers a range of products and services, including new build and refurbishment projects, as well as property management and sales. They work closely with local communities and stakeholders to ensure their developments have a positive impact on the surrounding area.

MOUNT ANVIL LIMITED is led by a team of experienced and dedicated professionals, including CEO Killian Hurley and Chairman Jon Di-Stefano. Together, they have over 50 years of experience in the property development industry.

To get in touch with MOUNT ANVIL LIMITED, you can visit their website at www.mountanvil.com. Their registered office address is at 5-8 Hardwick Street, London, EC1R 4RG. They also have an active presence on social media platforms like Twitter, LinkedIn, and Instagram, where they share updates and news about their projects. Overall, MOUNT ANVIL LIMITED is a reputable and sustainable company that is committed to creating exceptional properties and making a positive impact on the environment.

Financial Metrics

Cash
£15,897,000
Net Worth
£28,289,000
Total Current Assets
£92,972,000
Total Current Liabilities
£50,372,000

Company Location