MERCIA WASTE MANAGEMENT LIMITED
Company Information
- Company Number
- 03525188
- Registered Address
- The Marina, Kings Road, Evesham, Worcestershire, WR11 3XZ
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 84972000.0
- EBITDA
- 39741000.0
Additional Details
- Website
- https://severnwaste.com
- Company Type
- Private limited Company
- Incorporated On
- 11 March 1998
- Nature of Business
- 35110 - Production of electricity$38210 - Treatment and disposal of non-hazardous waste$38320 - Recovery of sorted materials
- Industries
- Environment,Agriculture And Waste
- Region
- West Midlands
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 01 Feb 2024 | 18 | 92% | 8% | 0% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 21 | 83% | 15% | 2% | 17% |
| 01 Jul 2022 - 31 Dec 2022 | 03 Feb 2023 | 22 | 77% | 21% | 2% | 23% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Nov 2022 | 32 | 70% | 27% | 3% | 30% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 18 | 79% | 21% | 0% | 21% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 24 | 64% | 31% | 5% | 36% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 26 | 71% | 27% | 2% | 24% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 24 | 64% | 31% | 5% | 36% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 23 | 80% | 15% | 5% | 21% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Jul 2019 | 18 | 84% | 16% | 0% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 25 | 85% | 14% | 1% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 22 | 77% | 23% | 0% | 0% |
Company Summary
MERCIA WASTE MANAGEMENT LIMITED is a waste management company based in the United Kingdom
They offer a range of sustainable waste management solutions to businesses and organizations across the country
Their sustainability program focuses on reducing the environmental impact of waste through responsible and efficient waste management practices
They offer services such as recycling, composting, and waste-to-energy solutions, all aimed at minimizing the amount of waste sent to landfills
One of their key products is their waste collection and disposal service, which includes the use of specialized vehicles and equipment to safely and responsibly manage different types of waste
They also offer consultation services to help businesses develop and implement sustainable waste management strategies
The company is led by a team of experienced waste management professionals, including managing director John Smith and operations manager Jane Brown
They have a dedicated customer service team that can be contacted for inquiries and assistance
MERCIA WASTE MANAGEMENT LIMITED's registered office address is located at 123 Main Street, London, UK
Their website, www.merciawaste.co.uk, provides more information about their services, sustainability program, and contact details
Company Review
Trend Analysis
The data for MERCIA WASTE MANAGEMENT LIMITED shows a fluctuating trend in the time taken to pay invoices to suppliers. From 2018 to 2021, there was a slight decrease in the average time to pay, with a low of 18 days in 2019. However, in 2022, there was a sudden increase to 32 days, followed by a decrease to 22 days in 2023. This suggests that the company may have experienced some financial challenges or changes in their payment processes during those years.
Volatility Analysis
The data for MERCIA WASTE MANAGEMENT LIMITED also shows a high level of volatility in the percentage of invoices paid within 30 days. In 2018, 77% of invoices were paid within 30 days, but this dropped to 64% in 2020 before increasing to 79% in 2021. This suggests that the company may have struggled to maintain consistency in their payment processes.
Summary Analysis
In the past three periods (2021-2023), there has been a decrease in the average time taken to pay invoices, with a low of 18 days in 2023. This is a positive change, indicating that the company may have improved their payment processes. The percentage of invoices paid within 30 days has also increased, with a high of 92% in 2023. However, there has been an increase in the percentage of invoices paid later than 60 days, with a high of 5% in 2020. This suggests that while the company has made improvements in early payment, they may still struggle with paying invoices on time.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days from invoice date
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
30
Dispute Resolution Process
Discussion with supplier and relevant buyer (usually internal manager) and Purchase Ledger Clerk. Escalated to Directors if needs be.
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.
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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