MDU SERVICES LIMITED
Company Information
- Company Number
- 03957086
- Registered Address
- One Canada Square, London, United Kingdom, E14 5GS
- Status
- Active
- Employee Count
- 450
- Turnover
- £72,690,000
- EBITDA
- £6,673,000
Additional Details
- Website
- https://themdu.com
- Company Type
- Private limited Company
- Incorporated On
- 22 March 2000
- Nature of Business
- 66220 - Activities of insurance agents and brokers74909 - Other professional, scientific and technical activities not elsewhere classified
- Industries
- Financial Services
- 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 | 11 Jul 2025 | 27 | 84% | 10% | 6% | 16% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 27 | 86% | 8% | 6% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 28 | 83% | 10% | 7% | 18% |
| 01 Jul 2023 - 31 Dec 2023 | 12 Jan 2024 | 25 | 84% | 9% | 7% | 16% |
| 01 Jan 2023 - 30 Jun 2023 | 10 Jul 2023 | 28 | 86% | 7% | 7% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 24 | 86% | 7% | 7% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 23 | 88% | 6% | 6% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 09 Jul 2021 | 25 | 89% | 5% | 6% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 19 May 2021 | 24 | 90% | 5% | 5% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 23 | 88% | 7% | 5% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 23 | 87% | 7% | 6% | 13% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 27 | 85% | 8% | 7% | 15% |
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
MDU Services adopts its suppliers’ payment terms where explicitly stated on their invoices. New suppliers are set up in the accounting system by the finance team, and the supplier payment terms are included on the supplier record. All invoices registered against a given supplier will automatically have the payment terms on that supplier’s record applied to them. Where no payment terms have been explicitly communicated by the supplier, the new supplier records will be set to ‘pay immediately’. In practice this means that the invoice will be paid, once approved, on the next weekly payment run.
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
30
Dispute Resolution Process
With respect to contracts with suppliers, the general position is that the appropriate department managers for each supplier first attempt to resolve the dispute (the MDU point of contact varies from contract to contract). The contact would aim to deal with the dispute promptly, and in accordance with the terms of the contract. Additionally, suppliers can contact MDU’s accounts team: accounts@themdu.com
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
MDU Services Limited is a UK-based company that offers a wide range of services to its customers. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
One of the key activities of MDU Services Limited is providing utility services to its customers. These services include gas, electricity, water, and telecommunications. The company works with various suppliers to ensure that its customers receive high-quality and cost-effective services.
MDU Services Limited also offers maintenance and repair services for residential and commercial properties. This includes plumbing, heating, and electrical services. The company has a team of qualified professionals who are dedicated to providing efficient and reliable services to its customers.
In addition to its core services, MDU Services Limited has a strong focus on sustainability. The company has implemented energy-efficient practices in its operations and encourages its customers to do the same. It also offers renewable energy solutions such as solar panels and electric car charging points to promote sustainable living.
The company's sustainability program also includes waste reduction and recycling initiatives. MDU Services Limited encourages its customers to recycle and provides waste management services to ensure proper disposal of waste materials.
The key people at MDU Services Limited include the managing director, who is responsible for overseeing the company's operations, and the customer service team, who are available to assist customers with any queries or concerns.
Customers can contact MDU Services Limited through their website, where they can find information about the company's services and sustainability initiatives. The company's registered office address is located in London, UK.
In conclusion, MDU Services Limited is a reputable company that offers a range of services while also promoting sustainability. With its commitment to providing quality services and reducing its environmental impact, the company continues to be a trusted choice for individuals and businesses in the UK.
