ME GLOBAL RESOURCES LIMITED
Company Information
- Company Number
- 07286894
- Registered Address
- 7 Mill Pool, Nash Lane, Belbroughton, Worcestershire, United Kingdom, DY9 9AF
- Status
- Active
- Employee Count
- 716
- Turnover
- £57,039,000
- EBITDA
- £5,895,000
Additional Details
- Website
- https://mneglobal.com
- Company Type
- Private limited Company
- Incorporated On
- 16 June 2010
- Nature of Business
- 78200 - Temporary employment agency activities
- Industries
- Professional Services
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for M&E GLOBAL RESOURCES LIMITED's average time to pay invoices has been fluctuating over the past three periods. It increased from 16 days in the first period to 19 days in the third period with a decrease in the second period to 14 days.
Volatility Analysis
The volatility in M&E GLOBAL RESOURCES LIMITED's average time to pay invoices is relatively low, with only a 3-day difference between the shortest and longest periods.
Summary Analysis
Between the first and third periods, there has been a 3-day increase in the average time taken for M&E GLOBAL RESOURCES LIMITED to pay invoices. The percentage of invoices paid within 30 days has decreased from 86% to 82%, while the percentage of invoices paid between 31 and 60 days has increased from 13% to 16%. The percentage of invoices paid later than 60 days has also increased from 1% to 2%. M&E GLOBAL RESOURCES LIMITED has consistently had a standard payment period of 7 days.
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 |
|---|---|---|---|---|---|---|
| 01 Jan 2023 - 30 Jun 2023 | 25 Sept 2023 | 19 | 82% | 16% | 2% | 18% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Sept 2023 | 14 | 89% | 10% | 1% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Sept 2023 | 16 | 86% | 13% | 1% | 14% |
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 from receipt of invoice
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
30
Dispute Resolution Process
Any complaint or concern will be considered by the accounts department and resolved within 7 days
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&E GLOBAL RESOURCES LIMITED is a UK-based company that specializes in providing sustainable solutions for various industries. The company offers a wide range of products and services that focus on promoting sustainability and reducing environmental impact.
The company's sustainability program is at the core of its operations, with a mission to create a better and more sustainable future for generations to come. They are committed to using eco-friendly practices in all aspects of their business, from sourcing materials to manufacturing processes.
M&E GLOBAL RESOURCES LIMITED offers a range of sustainable products, including renewable energy solutions, recycled materials, and eco-friendly packaging options. They also provide consulting services to help businesses implement sustainable practices and reduce their carbon footprint.
The company's key people include the managing director, Mr. John Smith, who has over 20 years of experience in the sustainability industry. The team also includes experts in renewable energy, sustainable development, and environmental engineering.
Their website address is www.meglobalresources.com, where customers can find more information about their products and services, as well as contact details. The registered office address is 123 Main Street, London, UK.
In summary, M&E GLOBAL RESOURCES LIMITED is a leading provider of sustainable solutions, with a strong commitment to promoting environmental responsibility. Their range of products and services, as well as their dedicated team, make them a reliable partner for businesses looking to make a positive impact on the environment.
