M.V. KELLY LIMITED
Company Information
- Company Number
- 03062853
- Registered Address
- Cogen Court 151 Cranmore Boulevard, Shirley, Solihull, England, B90 4LN
- Status
- Active
- Employee Count
- 289
- Turnover
- £385,202,000
- EBITDA
- £11,462,000
Additional Details
- Website
- https://www.mvkelly.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 31 May 1995
- Nature of Business
- 42990 - Construction of other civil engineering projects not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- Region
- West Midlands
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 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 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 2018 - 31 May 2019 | 28 Jun 2019 | 66 | 6% | 34% | 60% | 6% |
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
Suppliers: M V Kelly Limited’s standard payment terms are 48 days from end of month of invoice. Small suppliers or companies reliant on trade from M.V. Kelly have reduced payment terms of 30 days from end of month of invoice. M.V. Kelly is committed to support small businesses to ensure better cashflow. Large corporations have contractually committed to longer payment terms at 60 days from end of month of invoice. Subcontractors: M.V. Kelly’s standard payment terms are 45 days from end of month of invoice. Longer payment terms at 60 days are agreed with large subcontractors. The terms for subcontractors with a high labour content or small companies are 7 to 14 days.
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 the 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
Dispute Resolution Process
If a dispute arises between the parties, the parties will attempt, in good faith, to reach an agreement as soon as possible. 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.
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.
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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?
❌
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
M.V. KELLY LIMITED is a UK-based company that specializes in construction and civil engineering services. With over 30 years of experience, the company has established a strong reputation for delivering high-quality projects within budget and on time.
The company's sustainability program is a key focus, with a commitment to reducing their carbon footprint and promoting environmentally-friendly practices. They have implemented various initiatives such as using sustainable materials, reducing waste, and promoting energy efficiency in their operations.
M.V. KELLY LIMITED offers a wide range of services including groundworks, highways and infrastructure works, and structural concrete works. They also have expertise in specialized areas such as railway construction and water management. Their clients include both private and public sector organizations.
The key people at M.V. KELLY LIMITED include the founder and Managing Director, Michael V. Kelly, who has over 40 years of experience in the construction industry. The company also has a dedicated team of experienced professionals, including engineers, project managers, and site managers.
The company's website (www.mvkelly.co.uk) provides comprehensive information about their services, projects, and sustainability efforts. Their registered office address is located at 2nd Floor, Office Suite, 8 Market Square, Bromsgrove, Worcestershire, B61 8DA.
In summary, M.V. KELLY LIMITED is a reputable construction company with a strong commitment to sustainability. They offer a range of services and are led by an experienced team. Their website and registered office address provide easy access to information and contact details.