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© 2026 Payment Check Ltd

Registered Address: 3rd Floor Suite 207 Regent Street London W1B 3HH

Made by Alastair Campbell

PAYMENTCHECK
HomeCompany SearchGet Your ScoreAwards
Sectors›Property›MIDGARD LTD

MIDGARD LTD

PaymentCheck Score 2025
46Poor
↓ 11.8vs last year
#4797 in UK
#329 in East of England

Ranked in 3 industries

  • 235th of 304 in Property-related Goods And Services
  • 575th of 668 in Infrastructure And Construction
  • 560th of 645 in Property

This company is listed under more than one industry, so we show its position in each rather than picking one.

Company Information

Company Number
05718686
Registered Address
4 Elstree Way, Borehamwood, Herts, WD6 1RN
Status
Active
Employee Count
229
Turnover
£612,419,000
EBITDA
-£9,498,000

Additional Details

Website
https://www.midgard.ltd.uk/
Company Type
Private limited Company
Incorporated On
22 February 2006
Nature of Business
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
Industries
Property, Infrastructure And Construction, Property-related Goods And Services
Region
East of England
Get notified when Midgard Ltd's payment practices change.
Payment dataScore historyFinancialsLocation

Time to Pay

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

Payment Timeline

Within 30 Days
28%
31-60 Days
22%
After 60 Days
50%
Not Paid Within Terms30%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2026-05-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2025 - 30 Apr 202628 May 20265728%22%50%30%
01 May 2025 - 31 Oct 202502 Dec 20255732%22%46%30%
01 Jan 2025 - 30 Jun 202530 Jul 20255935%20%45%28%
01 Jul 2024 - 31 Dec 202429 Jan 20254842%21%37%19%
01 Jan 2024 - 30 Jun 202426 Jul 20244548%18%34%18%
01 Jul 2023 - 31 Dec 202327 Jan 20244455%12%33%17%
01 Jan 2023 - 30 Jun 202331 Jul 20234262%18%20%9%
01 Jul 2022 - 31 Dec 202231 Jan 20233070%12%18%6%
01 Jan 2022 - 30 Jun 202228 Jul 20223069%11%20%6%
01 Jul 2021 - 31 Dec 202126 Jan 20223170%11%19%11%
01 Jan 2021 - 30 Jun 202126 Jul 20213267%14%19%14%
01 Jul 2020 - 31 Dec 202030 Mar 20213269%13%18%15%
01 Jan 2020 - 30 Jun 202031 Jul 20203267%18%15%14%

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Midgard Limited's standard payment terms are dependent on the specific requirements of individual projects.

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

Midgard Limited endeavours to keep disputes to a minimum. Where disputes do occur, we aim to resolve them in as short a time as possible.

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

About this company

Midgard Ltd is a UK construction company that carries out full turnkey construction on behalf of the JRL Group, of which it forms part. Its registered SIC codes cover construction of commercial and domestic buildings, and its own site describes it as playing the core lead role in delivering each part of the construction package. Featured projects referenced on its site include mixed-use and residential developments such as Battersea Exchange, Putney Plaza, Brighton Marina and St Dunstans. The company is based in Borehamwood, Hertfordshire, and was incorporated in February 2006. It remains active on the Companies House register.

Generated from the company's website and Companies House records. Sources: midgard.ltd.uk

Financial Metrics

Cash
£39,279,000
Net Worth
£29,546,000
Total Current Assets
£108,936,000
Total Current Liabilities
£95,768,000

Company Location

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PaymentCheck

Our mission is to change the culture of late payments in the UK and help save over 55,000 companies every year which close due to cashflow issues.

Services

  • Payment Check
  • Business Solutions
  • API Access
  • Invoice Calculator
  • Late Payment Help
  • Get Your Score
  • Get Certified
  • For Accountants

Company

  • About Us
  • Contact
  • Blog
  • Search Archive
  • Compare
  • EULA
  • Privacy Policy
  • Terms and Conditions

Awards

  • Methodology
  • 2025 Awards
  • 2024 Awards
  • 2023 Awards
  • 2022 Awards
  • 2021 Awards
  • 2020 Awards

Contact

  • office@paymentcheck.co.uk
  • +44 (0) 7915 608 057
  • Send Your Story

© 2026 Payment Check Ltd

Registered Address: 3rd Floor Suite 207 Regent Street London W1B 3HH

Made by Alastair Campbell