| 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 Jun 2025 - 30 Nov 2025 | 23 Dec 2025 | 58 | 9% | 44% | 47% | 4% |
| 01 Dec 2024 - 31 May 2025 | 30 Jun 2025 | 58 | 8% | 47% | 45% | 8% |
| 01 Jun 2024 - 30 Nov 2024 | 17 Dec 2024 | 58 | 9% | 45% | 46% | 10% |
| 01 Dec 2023 - 31 May 2024 | 20 Jun 2024 | 58 | 9% | 45% | 46% | 11% |
| 01 Jun 2023 - 30 Nov 2023 | 20 Dec 2023 | 58 | 8% | 44% | 48% | 12% |
| 01 Dec 2022 - 31 May 2023 | 30 Jun 2023 | 59 | 8% | 43% | 49% | 11% |
| 01 Jun 2022 - 30 Nov 2022 | 20 Dec 2022 | 59 | 9% | 40% | 51% | 14% |
| 01 Dec 2021 - 31 May 2022 | 29 Jun 2022 | 64 | 6% | 38% | 56% | 19% |
| 01 Jun 2021 - 30 Nov 2021 | 22 Dec 2021 | 65 | 7% | 35% | 58% | 35% |
| 01 Dec 2020 - 31 May 2021 | 24 Jun 2021 | 65 | 6% | 36% | 58% | 8% |
| 01 Jun 2020 - 30 Nov 2020 | 16 Dec 2020 | 64 | 8% | 35% | 56% | 7% |
| 01 Dec 2019 - 31 May 2020 | 26 Jun 2020 | 65 | 5% | 33% | 62% | 5% |
| 01 Jun 2019 - 30 Nov 2019 | 17 Dec 2019 | 65 | 7% | 33% | 60% | 6% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 66 | 6% | 34% | 60% | 6% |
| 01 Jun 2018 - 30 Nov 2018 | 08 Jan 2019 | 66 | 5% | 33% | 62% | 7% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
For suppliers, M.V. Kelly Limited’s standard payment terms are 48 days from end of month of invoice, while large corporations have contract terms of 60 days from end of month of invoice. We are committed to supporting small businesses and recognise the importance of cash flow to their operations; therefore, we offer reduced terms of 30 days from end of month of invoice for small suppliers and those heavily reliant on our trade. For subcontractors, our standard payment terms are 45 days from end of month of invoice, with longer terms of up to 60 days from end of month of invoice for larger subcontractors. In line with our commitment to supporting small businesses, we offer accelerated payment terms of 7 to 14 days from invoice date for small subcontractors and those whose work involves a high proportion of labour.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payment terms are reviewed on a regular basis and adapted to support supplier’s circumstances. M.V Kelly is determined to ensure fair payment terms and that no supplier is disadvantaged.
Maximum contractual payment period agreed
90
Suppliers Queries are raised by the Accounts Payable team with the Procurement team or directly with the supplier at the point the invoice is processed. A further reminder is sent to suppliers by the mid-month of the following month of invoice via email; detailing all transactions held along with reasoning. Subcontractors Queries are raised by the Accounts Payable team with the Project Managers or directly with the subcontractor at the point the invoice is processed. Details of disputes and agreements are put in writing via email after discussions with the subcontractor.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
M.V. Kelly Limited, registered in England since 1995 and trading as MV Kelly, is a civil engineering and groundworks contractor based in Solihull. It undertakes highways and infrastructure construction, and provides groundworks for residential and commercial developments, including foundations and drainage. Founded as a family business, it has grown to operate seven regional offices across the UK and offers value engineering to optimise project design and cost. The company remains privately owned and describes organic, debt funded growth. Its work covers construction and improvement of transport infrastructure alongside site preparation for housing and commercial schemes, supported by an owned plant and fleet.
Generated from the company's website and Companies House records. Sources: mvkelly.co.uk · mvkelly.co.uk