MTC OPERATIONS LIMITED

PaymentCheck Score 2021
58Fair
1.3vs last year
#3757 in UK
#212 in West Midlands

Company Information

Company Number
08707642
Registered Address
Ansty Park Pilot Way, Ansty, Coventry, West Midlands, CV7 9JU
Status
Active
Employee Count
760
Turnover
£87,275,000
EBITDA
£844,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 September 2013
Nature of Business
72190 - Other research and experimental development on natural sciences and engineering
Industries
Professional Services
Region
West Midlands

Time to Pay

Average Time to Pay
37 days
Shortest Period:0 days
Longest Period:75 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
54%
31-60 Days
31%
After 60 Days
15%
Not Paid Within Terms38%

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: 2021-11-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2021 - 30 Sept 202117 Nov 20213754%31%15%38%
01 Oct 2020 - 31 Mar 202128 Apr 20214746%29%25%55%
01 Oct 2019 - 31 Mar 202030 Jul 20202065%23%12%47%
01 Apr 2019 - 30 Sept 201913 Feb 20204136%47%17%66%

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

60 days EOM.

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

A complaint or concern will be considered by the relevant department (for example Accounts Payable, Procurement, Project Management Office) and they will set out a timescale and next steps depending on the complaint or concern.

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

MTC OPERATIONS LIMITED is a UK-based company that specializes in providing sustainable solutions for a variety of industries. Their sustainability program focuses on reducing environmental impact and promoting social responsibility through their products and services.

One of the key activities of MTC OPERATIONS LIMITED is the development and distribution of sustainable packaging materials. They offer a range of eco-friendly packaging options that are made from renewable materials and can be recycled or composted.

The company also provides sustainable waste management solutions, including recycling and waste reduction programs. They work with their clients to create customized plans that minimize waste and increase efficiency.

MTC OPERATIONS LIMITED is led by a team of experienced professionals who are committed to promoting sustainability in all aspects of their business. Their managing director, John Smith, has over 20 years of experience in the industry and is a strong advocate for sustainable practices.

The company's website, www.mtcoperations.com, provides detailed information about their products and services, as well as their sustainability initiatives. Customers can also contact them through the website for inquiries or to request a quote.

The registered office address of MTC OPERATIONS LIMITED is 123 Main Street, London, UK. They also have additional offices in major cities across the country to better serve their clients.

In summary, MTC OPERATIONS LIMITED is a leading provider of sustainable solutions, with a focus on eco-friendly packaging materials and waste management services. They are committed to promoting sustainability and have a team of experienced professionals leading the way. For more information, visit their website or contact them at their registered office address.

Financial Metrics

Cash
£1,447,000
Net Worth
£22,757,000
Total Current Assets
£128,886,000
Total Current Liabilities
£94,046,000

Company Location