THE MANCHESTER SHIP CANAL COMPANY LIMITED

PaymentCheck Score 2025
64Fair
13.8vs last year
#2775 in UK
#191 in North West

Company Information

Company Number
07438096
Registered Address
Maritime Centre, Port Of Liverpool, Liverpool, Merseyside, L21 1LA
Status
Active
Employee Count
43
Turnover
£45,800,000
EBITDA
£25,700,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 November 2010
Nature of Business
41100 - Development of building projects
50300 - Inland passenger water transport
Industries
Coming Soon
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
65%
31-60 Days
20%
After 60 Days
15%
Not Paid Within Terms13%

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: 2024-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20254038%35%27%25%
01 Oct 2024 - 31 Mar 202501 May 20252466%22%12%17%
01 Apr 2023 - 30 Sept 202331 Oct 20232476%14%10%19%
01 Apr 2023 - 30 Sept 202330 Apr 20244670%15%15%18%
01 Oct 2022 - 31 Mar 202302 May 20233769%14%17%22%
01 Apr 2022 - 30 Sept 202226 Oct 20222474%16%10%25%
01 Apr 2021 - 30 Sept 202128 Oct 20213652%34%14%12%
01 Oct 2020 - 31 Mar 202128 Apr 20212686%5%9%10%
01 Apr 2019 - 30 Sept 201923 Oct 20193055%38%7%32%

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 standard payment terms for The Manchester Ship Canal Company Limited are 60 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

60

Dispute Resolution Process

We aim to resolve any disputes with our suppliers in a fair and efficient manner that is agreeable to both parties. This process is handled initially by our accounts payable team, before being escalated as necessary in order to resolve 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.

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

The Manchester Ship Canal Company Limited is a British company that operates the Manchester Ship Canal, a 36-mile inland waterway connecting Manchester to the Irish Sea. The company was formed in 1894 and is headquartered in Manchester.

The primary activity of the company is the management and maintenance of the Manchester Ship Canal, which provides a vital transportation link for goods and materials between Manchester and the rest of the world. The canal is also used for recreational purposes, with many people enjoying activities such as boating, fishing, and walking along its banks.

The company is committed to sustainability and has implemented various measures to reduce its environmental impact. These include using renewable energy sources, implementing water conservation measures, and promoting sustainable transportation methods for cargo and passengers.

The Manchester Ship Canal Company Limited offers a variety of services, including cargo transportation, port operations, and warehousing. They also offer tours and cruises along the canal, allowing visitors to experience the history and beauty of the waterway.

Some key people involved in the company include Chairman Robert Hough and Chief Executive Daniel Ionescu.

For more information on the Manchester Ship Canal Company Limited, their website is www.manchestershipcanal.co.uk. Their registered office address is Peel Dome, The Trafford Centre, Manchester, M17 8PL.

Financial Metrics

Cash
£12,400,000
Net Worth
£41,000,000
Total Current Assets
£83,900,000
Total Current Liabilities
£102,500,000

Company Location