MICHELMERSH BRICK HOLDINGS PLC
Company Information
- Company Number
- 03462378
- Registered Address
- Freshfield Lane, Danehill, Haywards Heath, West Sussex, RH17 7HH
- Status
- Active
- Employee Count
- 452
- Turnover
- £77,338,000
- EBITDA
- £17,813,000
Additional Details
- Website
- https://bimbricks.com/
- Company Type
- Public limited Company
- Incorporated On
- 3 November 1997
- Nature of Business
- 23320 - Manufacture of bricks, tiles and construction products, in baked clay
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time for MICHELMERSH BRICK HOLDINGS PLC to pay invoices has fluctuated over the past three years. It started at 63 days in the first period, decreased to 32 days in the second period, and has since stayed relatively consistent between 31-37 days in the remaining periods.
Volatility Analysis
The volatility of the average time to pay has decreased over the past three years, as the range of days has decreased from 41 days (63-22) in the first period to 6 days (37-31) in the last period.
Summary Analysis
In the first period of 2018, MICHELMERSH BRICK HOLDINGS PLC had an average time to pay of 63 days, with 53% of invoices paid within 30 days and 45% paid between 31-60 days. 2% of invoices were paid later than 60 days, and 24% were not paid within agreed terms.
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 Jan 2025 - 30 Jun 2025 | 29 Aug 2025 | 35 | 39% | 54% | 7% | 14% |
| 01 Jul 2023 - 31 Dec 2023 | 21 Feb 2024 | 35 | 39% | 52% | 9% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 09 Aug 2023 | 32 | 45% | 49% | 6% | 15% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 32 | 49% | 44% | 7% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jan 2023 | 31 | 47% | 49% | 4% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 22 Jun 2022 | 31 | 50% | 44% | 5% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 04 Aug 2021 | 33 | 45% | 50% | 5% | 13% |
| 01 Jul 2020 - 31 Dec 2020 | 16 Feb 2021 | 37 | 38% | 51% | 10% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 25 Aug 2020 | 32 | 44% | 52% | 3% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 09 Jan 2020 | 36 | 38% | 51% | 10% | 18% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Oct 2019 | 33 | 40% | 54% | 5% | 22% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 32 | 43% | 53% | 5% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 12 Jul 2018 | 63 | 53% | 45% | 2% | 24% |
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
Payment terms are net monthly IE 31 days after month end of transactions.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Invoices disputed are handled by our purchase ledger team (accounts@mbhplc.co.uk) who will liaise with the suppliers and the relevant branch to resolve the query.
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
MICHELMERSH BRICK HOLDINGS PLC is a leading manufacturer and supplier of sustainable clay bricks and other clay products in the UK. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
The company operates several brick-making facilities, including the iconic Blockleys Brickworks, and has a strong track record of producing high-quality, durable bricks. They also offer a range of complementary products such as special shaped bricks, pavers, and bespoke solutions.
MICHELMERSH BRICK HOLDINGS PLC is dedicated to sustainability and has a comprehensive sustainability program in place. This includes reducing energy consumption, using sustainable materials, and implementing efficient production processes. The company also has a recycling and waste management program in place to minimize its environmental footprint.
The key people at MICHELMERSH BRICK HOLDINGS PLC include the Executive Chairman, Martin Warner, and the CEO, Frank Hanna. They are supported by a team of experienced professionals who are passionate about sustainability and committed to delivering quality products and services.
For more information about MICHELMERSH BRICK HOLDINGS PLC and its products and services, you can visit their website at www.mbhplc.co.uk. The company's registered office is located at Michelmersh, Romsey, Hampshire, SO51 0PD, United Kingdom.
