MORGAN LOVELL PLC
Company Information
- Company Number
- 02755027
- Registered Address
- Kent House, 14 - 17 Market Place, London, W1W 8AJ
- Status
- Active
- Employee Count
- 160
- Turnover
- £100,920,000
- EBITDA
- £8,353,000
Additional Details
- Website
- https://morganlovell.com/
- Company Type
- Public limited Company
- Incorporated On
- 12 October 1992
- Nature of Business
- 41201 - Construction of commercial buildings
- Industries
- Property,Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 17 Jul 2025 | 19 | 83% | 13% | 4% | 8% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Jan 2025 | 19 | 84% | 13% | 3% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 21 | 83% | 14% | 3% | 13% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 21 | 83% | 13% | 4% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 25 | 75% | 21% | 4% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 29 | 70% | 25% | 5% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 27 | 72% | 23% | 5% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 14 Jul 2021 | 26 | 77% | 18% | 5% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 18 | 84% | 14% | 2% | 6% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 22 | 72% | 24% | 4% | 4% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 17 | 84% | 14% | 2% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 15 | 88% | 10% | 2% | 25% |
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
Standard payment terms are between 30 and 60 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
A dispute resolution process is included within each subcontract order placed. Should there be a dispute with a supplier or subcontractor, the company’s resolution process is to engage with other party in order to resolve the issue in a timely fashion. Any subcontractors that are not satisfied by this process are able to call upon the dispute resolution process contained within the Construction Act. Given the fast-paced nature of the fit out industry, legal recourse is not the preferred route.
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
Morgan Lovell PLC is a leading UK-based design and build company that specializes in creating innovative and sustainable workspaces for businesses. They provide a range of services including interior design, fit-out, refurbishment, and furniture solutions.
As part of their commitment to sustainability, Morgan Lovell has a dedicated sustainability program in place. This program focuses on reducing the environmental impact of their projects by using sustainable materials, implementing energy-efficient solutions, and promoting recycling and waste reduction. They also prioritize the health and wellbeing of their clients and employees by creating healthy and ergonomic workspaces.
Morgan Lovell's team is led by Managing Director, Simon Turner, who has over 25 years of experience in the construction industry. Their team of experts includes designers, project managers, and sustainability specialists, who work together to deliver high-quality and sustainable workspaces for their clients.
The company offers a wide range of products and services to suit the diverse needs of their clients. This includes open-plan and flexible workspaces, meeting rooms, breakout areas, and bespoke furniture solutions. They have worked with a variety of clients, from small startups to large corporations, across various industries.
To contact Morgan Lovell, their website address is www.morganlovell.co.uk. Their registered office address is at 1 New York Street, Manchester, M1 4HD. They also have offices in London, Birmingham, and Glasgow, allowing them to serve clients across the UK.