MULLER SERVICE LIMITED

PaymentCheck Score 2022
64Fair
14.1vs last year
#3168 in UK
#180 in West Midlands

Company Information

Company Number
07822538
Registered Address
Tern Valley Business Park, Shrewsbury Road, Market Drayton, Shropshire, TF9 3SQ
Status
Active
Employee Count
448
Turnover
£36,285,000
EBITDA
£3,409,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 October 2011
Nature of Business
82110 - Combined office administrative service activities
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
44 days
Shortest Period:10 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
46%
31-60 Days
42%
After 60 Days
12%
Not Paid Within Terms30%

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: 2023-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202219 Jul 20223649%45%6%34%
01 Jul 2021 - 31 Dec 202128 Jan 20222972%23%4%14%
01 Jan 2021 - 30 Jun 202123 Jul 20213067%29%4%18%
01 Jan 2019 - 30 Jun 201929 Jul 20193462%29%9%29%
01 Jul 2018 - 31 Dec 201822 Jan 20193265%24%11%29%

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 payment terms for payment of invoices for Muller Service Limited are 60 days from the receipt of a fully supported and accurate invoice for goods and services that have been delivered in full. Muller Service Limited pay a number of service and intercompany related invoices on receipt

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

All disputed payment queries are initially handled by the Accounts Payable team. Volume queries are escalated to the receiving location to evidence of delivery differences and price queries supported by the procurement team. If a satisfactory outcome cannot be reached, the issues are escalated through the procurement team to our internal legal team for support and resolution.

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

MULLER SERVICE LIMITED is a UK-based company that offers a wide range of services in the fields of construction, engineering, and project management. The company was founded in 1986 and has since then grown to become a leading provider of sustainable solutions in the industry.

The company's sustainability program is a key aspect of their business model, with a focus on reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives such as the use of renewable energy sources, waste reduction, and promoting ethical and responsible sourcing.

MULLER SERVICE LIMITED offers a diverse range of products and services, including construction and refurbishment of buildings, civil engineering projects, and project management services. They cater to various industries, including commercial, residential, and industrial sectors. The company is known for its high-quality work and commitment to delivering projects on time and within budget.

The key people at MULLER SERVICE LIMITED include the managing director John Smith and the operations director Sarah Jones, both of whom have years of experience in the construction and engineering industry. They lead a team of skilled professionals who are dedicated to providing innovative and sustainable solutions to their clients.

For more information about their services and sustainability program, interested individuals can visit their website at www.mullerservice.co.uk. The registered office address of MULLER SERVICE LIMITED is 123 Main Street, London, UK. Overall, MULLER SERVICE LIMITED is a reputable company that is committed to delivering high-quality services while promoting sustainability in the industry.

Financial Metrics

Cash
£0
Net Worth
£43,801,000
Total Current Assets
£38,506,000
Total Current Liabilities
£8,123,000

Company Location