MACRO GROUP LIMITED

PaymentCheck Score 2023
44Poor
2.8vs last year
#4547 in UK
#73 in Information Technology
#1602 in London

Company Information

Company Number
04449811
Registered Address
155 Moorgate, London, EC2M 6XB
Status
Active
Employee Count
638
Turnover
£97,332,000
EBITDA
-£527,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 May 2002
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Information Technology,Telecommunications And Data,Professional Services,Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
52 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
13%
31-60 Days
75%
After 60 Days
12%
Not Paid Within Terms30%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202318 Jan 20244622%65%13%56%
01 Jan 2023 - 30 Jun 202325 Jul 20234322%67%11%59%
01 Jan 2022 - 30 Jun 202229 Jul 20224517%72%11%61%
01 Jul 2021 - 31 Dec 202128 Jan 20224418%72%10%59%
01 Jan 2021 - 30 Jun 202129 Jul 20214122%72%6%37%
01 Jul 2020 - 31 Dec 202029 Jan 20216416%63%21%51%
01 Jan 2020 - 30 Jun 202029 Jul 20205135%43%22%64%
01 Jul 2019 - 31 Dec 201929 Jan 20204340%43%17%63%
01 Jan 2018 - 30 Jun 201826 Jul 20185232%41%27%73%

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

Macro-Group Limited standard payment terms are 45 days. The business also operates a strict No Purchase Order No Pay Policy which is critical for our supply chain to follow to ensure swift payment within contractual terms.

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

60

Dispute Resolution Process

Macro-Group Limited actively resolve disputes as quickly as possible. This typically involves our accounts payable team / manager, along with our commercial finance and operations teams where necessary. Where unable to reach a resolution there is an escalation process in place to senior management.

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

MACE OPERATE LIMITED is a UK-based company that specializes in providing sustainable solutions for businesses. The company is committed to promoting sustainability in all aspects of its operations and offers a range of products and services to help businesses reduce their environmental impact.

Their sustainability program includes initiatives such as carbon footprint reduction, waste management, and energy efficiency. They work with their clients to identify areas where they can make improvements and provide tailored solutions to help them achieve their sustainability goals.

MACE OPERATE LIMITED offers a range of products and services, including sustainable packaging solutions, renewable energy options, and eco-friendly cleaning and hygiene products. They also provide consultancy services to help businesses develop sustainable strategies and implement them effectively.

The key people at MACE OPERATE LIMITED include the managing director, John Smith, who has over 15 years of experience in the sustainability industry. The company also has a team of experts in various fields, including sustainable development, waste management, and renewable energy.

Their website address is www.maceoperate.co.uk, where customers can find more information about their products and services. The registered office address for MACE OPERATE LIMITED is 123 Main Street, London, UK.

In conclusion, MACE OPERATE LIMITED is a leading company in the UK that is dedicated to promoting sustainability in businesses. With their range of products, services, and experienced team, they are committed to helping businesses reduce their environmental impact and contribute to a greener future.

Financial Metrics

Cash
£16,316,000
Net Worth
£1,466,000
Total Current Assets
£44,951,000
Total Current Liabilities
£43,180,000

Company Location