MULTIPLE SCLEROSIS SOCIETY

Company Information

Company Number
07451571
Registered Address
Carriage House, 8 City North Place, London, United Kingdom, N4 3FU
Status
Active
Employee Count
296
Turnover
£29,776,000
EBITDA
-£2,588,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
25 November 2010
Nature of Business
86900 - Other human health activities
Industries
Healthcare And Wellbeing
Region
London

Time to Pay

Average Time to Pay
23 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
86%
31-60 Days
12%
After 60 Days
2%
Not Paid Within Terms30%

Payment Features

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

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 invoice date.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

We pay a significant number of invoices in relation to research grants. Invoices for research have to be in line with our research terms and conditions to be paid. A significant number of late payments are in relation to research grant invoices which were not submitted in line with our research terms and conditions.

Maximum contractual payment period agreed

60

Dispute Resolution Process

If there is an unresolved dispute with an invoice then you should email accountspayable@mssociety.org.uk for the attention of the Transaction Processing Manager with details of the dispute and we will investigate. You should get a reply within 2 working 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

The Multiple Sclerosis Society is a UK-based charity organization that focuses on providing support and resources for people living with multiple sclerosis (MS). The society was founded in 1953 and has since been dedicated to improving the lives of those affected by MS.

One of the key activities of the Multiple Sclerosis Society is to raise awareness and educate the public about MS. This includes providing information about the disease, its symptoms, and treatment options. The society also offers support services such as counseling, helplines, and online forums for people living with MS and their families.

In addition, the Multiple Sclerosis Society has a strong focus on sustainability and is committed to reducing its environmental impact. They have implemented various initiatives to promote sustainability, such as using renewable energy sources, reducing waste, and promoting eco-friendly practices in their offices.

The society also offers a variety of products and services to support people with MS, including mobility aids, home adaptations, and financial assistance for those in need. They also organize fundraising events and campaigns to raise funds for research and support services.

The key people involved in the Multiple Sclerosis Society include a team of dedicated staff members, volunteers, and trustees who work together to achieve the society's goals. The society is also supported by a network of local groups and branches across the UK.

For those looking to get involved or seek support from the Multiple Sclerosis Society, their website (www.mssociety.org.uk) provides comprehensive information on their activities and services. The registered office address is MS National Centre, 372 Edgware Road, London, NW2 6ND.

Financial Metrics

Cash
£1,510,000
Net Worth
£17,698,000
Total Current Assets
£12,371,000
Total Current Liabilities
£12,129,000

Company Location