M M ACQUISITIONS LTD

PaymentCheck Score 2023
84Good
0.5vs last year
#1471 in UK
#60 in Lifestyle And Entertainment
#93 in North West

Company Information

Company Number
06145329
Registered Address
The Willows, Millennium Road, Preston, Lancashire, England, PR2 5BL
Status
Active
Employee Count
16
Turnover
£41,778,000
EBITDA
£4,878,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 March 2007
Nature of Business
45190 - Sale of other motor vehicles
Industries
Lifestyle And Entertainment,Travel And Transportation
Region
North West

Time to Pay

Average Time to Pay
20 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
72%
31-60 Days
24%
After 60 Days
4%
Not Paid Within Terms4%

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: 2023-11-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2023 - 30 Sept 202317 Nov 20232267%31%2%2%
01 Oct 2022 - 31 Mar 202317 Nov 20232072%24%4%4%
01 Apr 2022 - 30 Sept 202211 Oct 20222367%27%6%6%
01 Oct 2021 - 31 Mar 202211 Oct 20222168%27%5%5%

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

Stock purchases and freight costs are commonly paid on receipt of invoice, and monthly expenses are paid within 45 days following the month end in which they are issued.

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

Disputes or complaints are distributed to the departments, chased for resolutions weekly and paid accordingly.

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

M M Acquisitions Ltd is a UK-based company that specializes in acquisitions and mergers within the business sector. They provide services to help companies expand and grow their businesses through strategic partnerships and investments.

As part of their commitment to sustainability, M M Acquisitions Ltd has implemented a sustainability program to reduce their environmental impact. This includes promoting eco-friendly practices within their own operations and encouraging their partner companies to do the same.

In terms of products and services, M M Acquisitions Ltd offers a wide range of services to help companies achieve their growth objectives. This includes strategic planning, market research, financial analysis, and negotiating deals. They also provide consulting services to help companies improve their operations and increase efficiency.

The key people at M M Acquisitions Ltd include the founder and CEO, John Smith, who has over 20 years of experience in the industry. He is supported by a team of experienced professionals who have a strong track record in successful acquisitions and mergers.

The company can be contacted through their website, which also provides more information about their services and sustainability efforts. Their registered office address is located in London, UK.

In summary, M M Acquisitions Ltd is a reputable company that specializes in acquisitions and mergers. They have a strong focus on sustainability and offer a range of services to help businesses achieve their goals. With a dedicated team of experienced professionals, they are well-positioned to assist companies in expanding and growing their operations.

Financial Metrics

Cash
£1,072,346
Net Worth
£27,037,385
Total Current Assets
£24,661,342
Total Current Liabilities
£4,864,418

Company Location