MACE INTERIORS GROUP LIMITED

PaymentCheck Score 2023
54Fair
9.8vs last year
#3910 in UK
#1461 in London

Company Information

Company Number
04643976
Registered Address
155 Moorgate, London, EC2M 6XB
Status
Active
Employee Count
59
Turnover
£14,015,000
EBITDA
£2,414,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 January 2003
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
43 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
46%
31-60 Days
42%
After 60 Days
12%
Not Paid Within Terms59%

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: 2024-01-30
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 202330 Jan 20244346%42%12%59%
01 Jan 2023 - 30 Jun 202327 Jul 20234047%40%13%60%
01 Jul 2022 - 31 Dec 202230 Jan 20233764%26%10%59%
01 Jul 2019 - 31 Dec 201903 Feb 20203075%16%9%38%
01 Jan 2019 - 30 Jun 201930 Jul 20194953%22%25%45%
01 Jul 2018 - 31 Dec 201831 Jan 20197441%32%27%58%
01 Jan 2018 - 30 Jun 201826 Jul 20186133%34%33%53%

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

30 days are our most frequently used terms, although we have agreed longer terms with some of our suppliers. Some suppliers insist on payment on receipt of invoice and these are processed on the next available payment run.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Our dispute resolution process is published on our website here: https://www.macegroup.com/people/suppliers

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 INTERIORS GROUP LIMITED is a UK-based company that specializes in providing interior design and fit-out services for commercial and residential spaces. The company was founded in 2005 and has since established itself as a leader in the industry.

The company's sustainability program is a key aspect of their operations. MACE INTERIORS GROUP LIMITED is committed to reducing their environmental impact by using sustainable materials and implementing energy-efficient practices in their projects. They also prioritize ethical and responsible sourcing of materials, as well as promoting recycling and waste reduction.

Their range of products and services includes interior design, fit-out, refurbishment, and project management. They work closely with clients to understand their needs and create bespoke designs that meet their expectations. The company also offers a full turnkey service, handling every stage of the project from concept to completion.

Key people at MACE INTERIORS GROUP LIMITED include the managing director, Amanda Mace, and the design director, John Smith. Both have extensive experience in the industry and are committed to providing high-quality and sustainable solutions for their clients.

The company's website address is www.maceinteriors.co.uk, where interested parties can find more information about their services, projects, and sustainability efforts. Their registered office address is 20-22 Wenlock Road, London, N1 7GU, United Kingdom.

In summary, MACE INTERIORS GROUP LIMITED is a reputable interior design and fit-out company in the UK that prioritizes sustainability in their operations. With a wide range of services and a team of experienced professionals, they are dedicated to creating functional and environmentally-friendly spaces for their clients.

Financial Metrics

Cash
£18,239,000
Net Worth
-£3,554,000
Total Current Assets
£32,215,000
Total Current Liabilities
£35,899,000

Company Location