MULTIPLEX CONSTRUCTION EUROPE LIMITED
Company Information
- Company Number
- 03808946
- Registered Address
- 99 Bishopsgate, Second Floor, London, United Kingdom, EC2M 3XD
- Status
- Active
- Employee Count
- 644
- Turnover
- £780,034,000
- EBITDA
- £26,018,000
Additional Details
- Website
- https://multiplex.global
- Company Type
- Private limited Company
- Incorporated On
- 19 July 1999
- Nature of Business
- 43999 - Other specialised construction activities not elsewhere classified
- Industries
- Property, Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 30 Jul 2025 | 30 | 72% | 22% | 6% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 34 | 57% | 33% | 10% | 43% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 32 | 67% | 25% | 8% | 20% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 30 | 75% | 17% | 7% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 37 | 63% | 24% | 13% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 37 | 50% | 40% | 10% | 21% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 55 | 35% | 40% | 25% | 47% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 43 | 45% | 41% | 14% | 47% |
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
The Company payment terms can vary by contract, however the standard payment terms are 35 days from application date for sub-contractors and 30 days end of month for supplier payments. To determine the number of days taken to make payment the Company has added a period of 3 days to the invoice date to account for the delivery of the documents.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
45
Dispute Resolution Process
The method of dispute resolution will depend on the nature of the query. For sub-contractor valuations the dispute will be dealt with exclusively by the relevant project who will negotiate with the sub-contractor until such time that the dispute is resolved and payment can be made. In the interests of good sub-contractor relations these disputes resolutions are treated as a priority. Missing documents or information, such as the latest insurance certificates, can also lead to a payment to sub-contractors being held. In these cases the Accounts Payable are often involved in informing the relevant project which usually results in no delay to the payment. With suppliers the resolution will also be led by the project who have instigated the dispute but Accounts Payable will also be involved if they are contacted by the supplier’s credit control department. The Accounts Payable team’s role is to expedite the resolution, acting as the liaison between the project and the supplier.
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
MULTIPLEX CONSTRUCTION EUROPE LIMITED is a leading construction company based in Europe. With over 50 years of experience, they have established a strong reputation for delivering high-quality projects across various sectors including commercial, residential, and infrastructure.
The company is committed to sustainability and has implemented a comprehensive sustainability program. This includes reducing their carbon footprint, promoting sustainable design and construction practices, and using environmentally friendly materials. They also collaborate with local communities to create sustainable and socially responsible projects.
MULTIPLEX CONSTRUCTION EUROPE LIMITED offers a wide range of services including construction management, design and build, and project management. They have a team of highly skilled and experienced professionals who work closely with clients to ensure projects are completed on time and within budget.
Key people at MULTIPLEX CONSTRUCTION EUROPE LIMITED include the CEO, John Flecker and the Managing Director, Alex McCulloch. They both have extensive experience in the construction industry and are committed to driving the company's success.
The company's website (www.multiplex.global) provides detailed information about their services, projects, and sustainability initiatives. Their registered office address is 22 Bishopsgate, London EC2N 4BQ, United Kingdom.
In summary, MULTIPLEX CONSTRUCTION EUROPE LIMITED is a reputable construction company with a strong focus on sustainability. Their commitment to delivering high-quality projects, combined with their sustainability efforts, makes them a leader in the industry. With a team of experienced professionals and a wide range of services, they continue to be a top choice for clients in Europe.
