M.V. KELLY LIMITED

PaymentCheck Score 2025
40Poor
0.2vs last year
#4113 in UK
#308 in Property
#243 in West Midlands

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

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

Average Time to Pay
58 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
9%
31-60 Days
45%
After 60 Days
46%
Not Paid Within Terms10%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-12-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202530 Jun 2025588%47%45%8%
01 Jun 2024 - 30 Nov 202417 Dec 2024589%45%46%10%
01 Dec 2023 - 31 May 202420 Jun 2024589%45%46%11%
01 Jun 2023 - 30 Nov 202320 Dec 2023588%44%48%12%
01 Dec 2022 - 31 May 202330 Jun 2023598%43%49%11%
01 Dec 2021 - 31 May 202229 Jun 2022646%38%56%19%
01 Jun 2021 - 30 Nov 202122 Dec 2021657%35%58%35%
01 Dec 2020 - 31 May 202124 Jun 2021656%36%58%8%
01 Jun 2020 - 30 Nov 202016 Dec 2020648%35%56%7%
01 Dec 2018 - 31 May 201928 Jun 2019666%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.

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.

Financial Metrics

Cash
£30,113,000
Net Worth
£25,819,000
Total Current Assets
£82,798,000
Total Current Liabilities
£55,644,000

Company Location