M GROUP ENERGY (METERING) LIMITED
Company Information
- Company Number
- 03076187
- Registered Address
- Abel Smith House, Gunnels Wood Road, Stevenage, Hertfordshire, England, SG1 2ST
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 July 1995
- Nature of Business
- 74909 - Other professional, scientific and technical activities not elsewhere classified
- Industries
- Coming Soon
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
M GROUP ENERGY demonstrates a strong trend of timely payments, evidenced by an impressive average payment time of 16 days. A significant majority of invoices, 87%, are settled comfortably within a 30-day window, indicating a consistent and efficient payment trajectory for most transactions.
Volatility Analysis
While payments are generally reliable, there is some volatility with 10% extending into the 31-60 day range and 3% exceeding 60 days. The reported 7% late payments, though a small minority, introduces a low element of unpredictability for a fraction of invoices. This indicates a low but present risk for delayed settlement on a small percentage of transactions, requiring some awareness.
Summary Analysis
Overall, M GROUP ENERGY presents a low payment risk, characterized by prompt average payment times and a high percentage of on-time settlements. Suppliers can generally expect predictable and timely payments, though it is advisable to consider payment terms that allow for follow-up on the small percentage of invoices that may extend beyond standard terms. Regular monitoring of payment patterns for any shift in the 31-60 day or over 60-day categories is recommended to mitigate minor tail risks.
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 | 31 Oct 2025 | 16 | 87% | 10% | 3% | 7% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 11 | 89% | 9% | 2% | 6% |
| 01 Apr 2024 - 30 Sept 2024 | 25 Oct 2024 | 12 | 89% | 8% | 3% | 10% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 16 | 89% | 5% | 6% | 19% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 18 | 87% | 8% | 5% | 21% |
| 01 Oct 2022 - 31 Mar 2023 | 26 Apr 2023 | 28 | 56% | 40% | 5% | 21% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 35 | 31% | 64% | 5% | 24% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 34 | 38% | 58% | 4% | 20% |
| 01 Apr 2021 - 30 Sept 2021 | 08 Sept 2022 | 35 | 36% | 58% | 6% | 25% |
| 03 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 28 | 51% | 44% | 5% | 19% |
| 01 Apr 2020 - 02 Oct 2020 | 02 Nov 2020 | 44 | 61% | 31% | 8% | 19% |
| 30 Sept 2019 - 31 Mar 2020 | 28 Apr 2020 | 41 | 50% | 37% | 13% | 14% |
| 01 Apr 2019 - 29 Sept 2019 | 31 Oct 2019 | 34 | 60% | 33% | 7% | 8% |
| 01 Oct 2018 - 31 Mar 2019 | 03 May 2019 | 39 | 60% | 33% | 7% | 3% |
| 01 Apr 2018 - 30 Sept 2018 | 24 Oct 2018 | 34 | 60% | 32% | 8% | 4% |
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
60 Days EOM
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
If the invoice value/quantity differs from the purchase order, the invoice will be placed in query and the supplier is contacted.
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 GROUP ENERGY (METERING) LIMITED is an active private limited company operating within the energy sector, with a specific focus indicated by 'Metering'
As a private limited company, it conducts its business operations as a separate legal entity
The company was incorporated on 5 July 1995 and is identified by company number 03076187
Its registered office is located at Abel Smith House, Gunnels Wood Road, Stevenage, Hertfordshire, England, SG1 2ST, situated within the East of England region
In the UK market, companies focusing on energy metering typically provide services such as the installation, maintenance, and calibration of energy meters
They also often offer data collection and management solutions to ensure accurate measurement of energy consumption across various applications
