MABANAFT LIMITED

Company Information

Company Number
02960732
Registered Address
Myo 2nd Floor, 123 Victoria Street, London, United Kingdom, SW1E 6DE
Status
Active
Employee Count
45
Turnover
£966,240,000
EBITDA
-£8,595,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 August 1994
Nature of Business
46719 - Wholesale of other fuels and related products
82990 - Other business support service activities not elsewhere classified
Industries
Distribution And Delivery, Energy
Region
London

Time to Pay

Average Time to Pay
16 days
Shortest Period:5 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
95%
31-60 Days
5%
After 60 Days
1%
Not Paid Within Terms2%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-10-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201917 Oct 20191695%5%1%2%
01 Jul 2018 - 31 Dec 201831 Jan 20191397%3%0%1%
01 Jan 2018 - 30 Jun 201825 Jul 20181294%6%0%2%

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

As per supplier due date

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

45

Dispute Resolution Process

The business speaks to the supplier and disputes are resolved, agreed payment is then made.

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

MABANAFT LIMITED is a leading supplier of energy products and services, headquartered in London, United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. MABANAFT offers a range of products including fuel, lubricants, and renewable energy solutions.

The company's sustainability program focuses on reducing greenhouse gas emissions, promoting energy efficiency, and minimizing waste. MABANAFT also invests in renewable energy sources such as wind and solar power. In addition, the company promotes responsible sourcing of its products and supports local communities through various social and environmental projects.

Key people at MABANAFT include CEO, Christian Flach, and CFO, Jörg Debus. The company's website, www.mabanft.com, provides information on its products and services, as well as its sustainability efforts. MABANAFT's registered office address is at 9 Savoy Court, London, WC2R 0BJ, United Kingdom.

In summary, MABANAFT LIMITED is a sustainable energy company that offers a wide range of products and services while promoting responsible and environmentally friendly practices. With a dedicated team and a strong commitment to sustainability, MABANAFT is a leader in the energy industry.

Financial Metrics

Cash
£2,979,000
Net Worth
£47,974,000
Total Current Assets
£194,289,000
Total Current Liabilities
£163,603,000

Company Location