MTX CONTRACTS LIMITED

PaymentCheck Score 2025
84Good
2.1vs last year
#1419 in UK
#118 in Property
#77 in North West

Company Information

Company Number
04522396
Registered Address
Innovation House Lower Meadow Road, Handforth, Wilmslow, Cheshire, England, SK9 3ND
Status
Active
Employee Count
71
Turnover
£113,995,000
EBITDA
£5,012,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 August 2002
Nature of Business
43999 - Other specialised construction activities not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
North West

Time to Pay

Average Time to Pay
12 days
Shortest Period:14 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
81%
31-60 Days
18%
After 60 Days
1%
Not Paid Within Terms10%

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: 2024-03-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202501 Sept 20252475%23%2%11%
01 Sept 2023 - 29 Feb 202420 Mar 20241281%18%1%10%
01 Sept 2022 - 31 Aug 202317 Oct 20232275%24%1%24%

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

We do not have standard payment terms they are agreed with suppliers as part of contract negotiations. The most frequently used payment terms in the reporting period were 30 days.

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

We are committed to acting fairly with our supply chain and so any disputes are considered and dealt in a timely manor by the finance and commercial teams of the business.

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

MTX CONTRACTS LIMITED is a construction company based in the United Kingdom that specializes in sustainable building solutions. They offer a range of services including design, construction, and project management for commercial, healthcare, education, and residential projects.

The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. These include the use of eco-friendly materials, energy-efficient designs, and waste reduction strategies. MTX CONTRACTS LIMITED also partners with suppliers who share their commitment to sustainability.

Their products and services are tailored to meet the specific needs of their clients, with a focus on delivering high-quality and cost-effective solutions. They have a team of experienced professionals who are dedicated to delivering projects on time and within budget.

The key people at MTX CONTRACTS LIMITED include the managing director, Mark Stenning, and the operations director, Kevin Webster. Both have extensive experience in the construction industry and are committed to driving the company's sustainability efforts.

To contact MTX CONTRACTS LIMITED, you can visit their website at www.mtxcontracts.co.uk or reach them at their registered office address: MTX House, 7-9 The Oaks, Clews Road, Redditch, Worcestershire, B98 7ST. They also have multiple regional offices across the UK, making it convenient for clients to access their services.

In summary, MTX CONTRACTS LIMITED is a sustainable construction company that offers a range of services, including design, construction, and project management. They have a strong commitment to sustainability and work closely with clients to deliver high-quality and cost-effective solutions. With a team of experienced professionals and multiple regional offices, MTX CONTRACTS LIMITED is well-equipped to meet the diverse needs of their clients.

Financial Metrics

Cash
£14,861,898
Net Worth
£5,515,720
Total Current Assets
£45,947,429
Total Current Liabilities
£40,726,627

Company Location