MORSON HUMAN RESOURCES LIMITED

PaymentCheck Score 2025
94Excellent
0.6vs last year
#539 in UK
#57 in Professional Services
#36 in North West

Company Information

Company Number
02714555
Registered Address
Adamson House, Centenary Way, Salford, Manchester, M50 1RD
Status
Active
Employee Count
1,260
Turnover
£777,482,000
EBITDA
£21,985,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 May 1992
Nature of Business
78300 - Human resources provision and management of human resources functions
Industries
Professional Services
Region
North West

Time to Pay

Average Time to Pay
10 days
Shortest Period:4 days
Longest Period:45 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
86%
31-60 Days
13%
After 60 Days
1%
Not Paid Within Terms2%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20251087%12%1%2%
01 Jul 2024 - 31 Dec 202429 Jan 20251086%13%1%2%
01 Jan 2024 - 30 Jun 202430 Jul 20241185%15%1%2%
01 Jan 2022 - 30 Jun 202229 Jul 2022990%10%0%1%
01 Jul 2021 - 31 Dec 202131 Jan 20221377%23%0%1%
01 Jan 2021 - 30 Jun 202129 Jul 2021794%6%0%0%
01 Jul 2020 - 31 Dec 202029 Jan 2021794%6%0%0%
01 Jan 2019 - 30 Jun 201926 Jul 2019695%5%0%1%
01 Jan 2018 - 30 Jun 201825 Jul 2018696%4%0%1%

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

Payments to incorporated contractors are generally paid within 5 working days on receipt of correctly approved timesheet or invoice for the relevant or contractual period. For other transactions we agree appropriate terms of payment with suppliers and on timely receipt of satisfactory invoices or issuance of self-billing invoices, payments are made to terms. Typical terms are 30 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

60

Dispute Resolution Process

Morson has a dedicated Contractor Care Team to whom complaints regarding payment can be made. Responses are regularly monitored by the team manager and the response times are subject to SLA's. If there are any complaints that cannot be satisfactorily answered by the team manager these are escalated to the Financial Operations Manager for resolution. Other supplier disputes are managed via our Purchase Ledger Department who interface with our suppliers and the wider Morson business. In the rare occasions where resolution is not possible matters can be escalated to Senior Management within Morson.

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

MORSON HUMAN RESOURCES LIMITED is a leading recruitment and human resources solutions company based in the United Kingdom. The company was founded in 1969 and has since then, established itself as a trusted partner for businesses in various industries.

MORSON HUMAN RESOURCES LIMITED offers a wide range of services including permanent and temporary recruitment, executive search, workforce management, and training and development. The company has a team of experienced consultants who are dedicated to finding the best talent for their clients and providing them with cost-effective solutions.

In terms of sustainability, MORSON HUMAN RESOURCES LIMITED has implemented a number of initiatives to reduce its environmental impact. The company has a recycling program in place and uses energy-efficient technology in its offices. They also encourage their clients to adopt sustainable practices by offering them sustainable recruitment solutions.

MORSON HUMAN RESOURCES LIMITED has a diverse portfolio of clients, ranging from small businesses to large corporations. Some of their key clients include Rolls-Royce, BAE Systems, and Network Rail. The company also has partnerships with various organizations such as the Women's Engineering Society and the Armed Forces Covenant, demonstrating their commitment to promoting diversity and equality in the workplace.

The company's key people include Adrian Adair, the Group Managing Director, and Ged Mason, the CEO and founder. They are supported by a team of experienced directors and consultants who bring a wealth of knowledge and expertise to the company.

For those interested in contacting MORSON HUMAN RESOURCES LIMITED, their website is www.morson.com. Their registered office address is Morson Group, Adamson House, Centenary Way, Salford, M50 1RD, United Kingdom. The company also has offices in various locations across the UK, as well as internationally in countries such as Australia, Canada, and the USA.

Financial Metrics

Cash
£2,700,000
Net Worth
£55,922,000
Total Current Assets
£147,275,000
Total Current Liabilities
£129,935,000

Company Location