MITIE LIMITED
Company Information
- Company Number
- 02938041
- Registered Address
- Level 12 The Shard, 32 London Bridge Street, London, England, England, SE1 9SG
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 June 1994
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
MITIE LIMITED demonstrates a generally prompt payment trend, with 70% of invoices settled within 30 days and an average payment time of 35 days. While 27% fall into the 31-60 day bracket and 3% exceed 60 days, the vast majority are paid within reasonable terms, indicating a consistent operational rhythm.
Volatility Analysis
The payment profile indicates moderate predictability; while 70% are timely, 27% extend to 31-60 days, suggesting a slight variability in payment cycles. The 9% late payment rate, though not excessively high, signifies a minor but present risk of not meeting contractual terms.
Summary Analysis
MITIE LIMITED presents as a reasonably reliable customer, with a strong tendency to pay within or shortly after standard 30-day terms. Suppliers should consider the 9% late payment rate and 3% very late payments when setting credit terms and actively monitor payment performance for invoices exceeding 30 days.
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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 35 | 70% | 27% | 3% | 9% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 30 | 73% | 25% | 2% | 11% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 28 | 78% | 19% | 3% | 7% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 24 | 80% | 17% | 3% | 11% |
| 01 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | 30 | 78% | 19% | 4% | 13% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 27 | 62% | 30% | 8% | 34% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 19 | 80% | 18% | 2% | 23% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 27 | 75% | 23% | 2% | 30% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 29 | 69% | 29% | 2% | 14% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 27 | 78% | 18% | 4% | 17% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 30 | 66% | 29% | 5% | 31% |
| 01 Sept 2019 - 31 Mar 2020 | 30 Apr 2020 | 22 | 84% | 15% | 1% | 18% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 22 | 85% | 12% | 3% | 9% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 31 | 68% | 20% | 12% | 20% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 33 | 61% | 27% | 12% | 50% |
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
Our standard payment terms state that payment of supplier invoices for goods and services will be made 60 days from the end of the month in which a correct, undisputed and properly due VAT invoice is received, unless otherwise agreed by a duly authorised representative. However, consideration is also given to our SME suppliers where alternative payment terms, of 30 days from the end of the month in which a correct and undisputed VAT invoice is dated, may be agreed. The business also operates a no purchase order, no pay policy, unless otherwise agreed, in exceptional circumstances, by a duly authorised representative. Invoices received, and which do not include a valid purchase order number, are rejected and returned to the supplier.
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
We recognise the strategic importance of our supply chain partners, and as such are committed to treating them fairly. Our preference is to always address disputes in a transparent and timely manner, always acting in good faith, through open and constructive discussion. If such discussions fail to resolve a dispute, an authorised representative of the supplier and the company shall, within 30 days of a written request from one party to the other, meet in good faith to resolve the dispute. If the dispute remains unresolved either the supplier or the company shall refer it to mediation in accordance with the Centre for Effective Dispute Resolution ("CEDR") Model Mediation Procedure that is in force at the date of the referral.
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
MITIE LIMITED operates as an active private limited company within the UK business landscape
The company was incorporated on 13 June 1994, holding company number 02938041
Its registered office is located in London at Level 12 The Shard, 32 London Bridge Street, London, England, SE1 9SG
Private limited companies in the UK market typically provide a legal structure for commercial organisations to operate
They enable businesses to offer a wide range of goods and services to customers, whilst offering limited liability to their shareholders
