MARSH & PARSONS LIMITED

PaymentCheck Score 2022
84Good
1.4vs last year
#1376 in UK
#107 in Professional Services
#613 in London

Company Information

Company Number
05377981
Registered Address
80 Hammersmith Road, London, W14 8UD
Status
Active
Employee Count
336
Turnover
£31,740,000
EBITDA
£4,869,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 February 2005
Nature of Business
68310 - Real estate agencies
Industries
Professional Services,Property,Infrastructure And Construction,Software
Region
London

Time to Pay

Average Time to Pay
20 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
87%
31-60 Days
10%
After 60 Days
3%
Not Paid Within Terms24%

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: 2023-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202229 Jul 20222282%16%2%29%
01 Jul 2021 - 31 Dec 202130 Jan 20222487%10%3%23%
01 Jan 2021 - 30 Jun 202130 Jul 20212483%15%2%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

The most frequently used payment terms in the reporting period are 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

All disputes or complaints should be raised direct with the finance team, who will deal with in a timely manner.

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

Marsh & Parsons Limited is a British real estate agency that offers a wide range of property services, including sales, lettings, property management, and new developments. The company has been in operation since 1856 and has established itself as a leading player in the London property market.

As part of its commitment to sustainability, Marsh & Parsons has implemented a comprehensive sustainability program. This includes measures such as energy-efficient office buildings, promoting recycling and reducing waste, and using sustainable materials in their properties. The company also encourages its employees to reduce their carbon footprint by offering incentives for using public transport and cycling to work.

The company's portfolio consists of a diverse range of properties, from one-bedroom apartments to luxury penthouses, catering to a wide range of clients. They also offer services for property investors, including advice on buying and selling, property management, and investment opportunities.

Key people in the company include Peter Rollings, the Chief Executive Officer, who has been with the company since 2011 and has over 30 years of experience in the property industry. The company also has a team of experienced and knowledgeable agents who are dedicated to providing excellent service to their clients.

For more information on their services and properties, customers can visit their website at www.marshandparsons.co.uk. The company's registered office address is 1-3 Palmerston Road, London, SW19 1PG. With its long history, commitment to sustainability, and experienced team, Marsh & Parsons is a trusted and reputable choice for anyone in the London property market.

Financial Metrics

Cash
£2,306,000
Net Worth
£4,180,000
Total Current Assets
£8,931,000
Total Current Liabilities
£8,736,000

Company Location