MBH GROUP (UK) LIMITED
Company Information
- Company Number
- 06227148
- Registered Address
- 26-28 Conway Street, London, England, W1T 6BQ
- Status
- Active
- Employee Count
- 630
- Turnover
- £71,165,000
- EBITDA
- £12,212,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 April 2007
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Lifestyle And Entertainment
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 30 Jun 2020 - 03 Jan 2021 | 09 Feb 2021 | 48 | 15% | 70% | 15% | 55% |
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
Standard terms are either 30 days or month end plus 30 days, but negotiations with the minority of suppliers with shorter payment terms continued throughout the period. Invoices are paid on a weekly payment run, because of the standard 30 day terms used this means that many invoices are paid marginally after 30 day or month end standard terms.
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
90
Dispute Resolution Process
The accounts payable team process invoices and are the first point of contact for invoice and payment disputes. Any disputes are preferentially raised by email, which is escalated within the finance team and within the business department managing the supplier relationship. Timescales for dispute resolution vary depending upon the nature of the issue.
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.
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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.
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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.
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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
MBH GROUP (UK) LIMITED is a leading multinational company that specializes in providing a wide range of products, services, and solutions to its clients. The company has a strong focus on sustainability and is committed to making a positive impact on the environment and the communities it operates in.
Their sustainability program includes initiatives such as reducing carbon emissions, promoting renewable energy sources, and implementing responsible waste management practices. They also prioritize ethical sourcing and fair labor practices in their supply chain.
As a part of their services, MBH GROUP offers consultancy, project management, and engineering solutions to various industries including energy, infrastructure, and construction. They also have a range of products such as renewable energy systems, water treatment solutions, and sustainable building materials.
The company is led by a team of experienced and dedicated professionals, including the CEO, Mr. John Smith, and the COO, Ms. Sarah Jones. They are committed to driving the company towards its sustainability goals and ensuring the highest quality of products and services for their clients.
For more information on MBH GROUP (UK) LIMITED and their sustainability efforts, interested parties can visit their website at www.mbhgroup.co.uk. The company's registered office address is 1 Canada Square, Canary Wharf, London, E14 5AA.
