MMC UK GROUP LIMITED
Company Information
- Company Number
- 03704258
- Registered Address
- 1 Tower Place West, Tower Place, London, EC3R 5BU
- Status
- Active
- Employee Count
- 0
- Turnover
- £910,494,000
- EBITDA
- £912,417,000
Additional Details
- Website
- https://marsh.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 28 January 1999
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Financial Services
- Region
- London
Company Review
Trend Analysis
The data for MMC UK GROUP LIMITED shows a steady increase in the average time to pay invoices over the past five periods. From 2018-2019, the average time to pay increased by 0.3 days. This trend continues in 2020, where the average time to pay increased by another 0.3 days. However, there was a slight improvement in 2021, with the average time to pay decreasing by 0.1 days compared to the previous period. Overall, there has been an increase of 0.5 days in the average time to pay over the past five periods.
Volatility Analysis
The data for MMC UK GROUP LIMITED shows a relatively stable pattern in the percentage of invoices paid within 30 days, with only a slight decrease of 0.2% in 2021 compared to the previous year. The percentage of invoices paid between 31 and 60 days has also remained relatively stable, with a slight decrease of 0.1% in 2020 compared to the previous year. However, there has been a noticeable increase in the percentage of invoices paid later than 60 days, with a jump of 0.4% in 2021 compared to the previous year. This indicates a potential issue with delayed payments for suppliers.
Summary Analysis
The data for MMC UK GROUP LIMITED shows a consistent trend of increasing average time to pay invoices over the past five periods. There has been a slight improvement in 2021, but overall there has been an increase of 0.5 days in the average time to pay. This is potentially concerning as it could indicate a potential cash flow issue or a delay in processing payments. Additionally, there has been a noticeable increase in the percentage of invoices paid later than 60 days, which could have a negative impact on supplier relationships and potentially lead to late fees or penalties.
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 | 29 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
MMC UK GROUP LIMITED is a multinational company that specializes in providing insurance, risk management, and consulting services. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes measures such as reducing carbon emissions, promoting energy efficiency, and using sustainable materials in their operations. They also have a strong focus on employee well-being and diversity and inclusion.
The company offers a range of products and services in the insurance and risk management sector, including property and casualty insurance, employee benefits, and specialty insurance. They also provide consulting services in areas such as cyber risk, mergers and acquisitions, and sustainability.
Key people in the company include the CEO, Dan Glaser, and the Chairman, James McNulty. MMC UK GROUP LIMITED has a team of experienced professionals who are dedicated to providing high-quality services to their clients.
The company's website address is www.marsh.com/uk, where customers can find more information about their products and services. The registered office address for MMC UK GROUP LIMITED is 1 Tower Place West, Tower Place, London, EC3R 5BU, United Kingdom.
In conclusion, MMC UK GROUP LIMITED is a leading company in the insurance and risk management sector with a strong focus on sustainability. They offer a diverse range of products and services and have a team of experienced professionals dedicated to providing excellent customer service.
