MICK GEORGE EARTHWORKS LIMITED demonstrates a consistent trend of slow payments, with an average payment time of 47 days. A significant majority of invoices (74%) are paid beyond 30 days, indicating that extended payment cycles are the norm. The payment trajectory suggests suppliers should anticipate payments well past standard net-30 terms.
Payment reliability is low, as 73% of payments are late, and 24% extend beyond 60 days, introducing substantial unpredictability. While 50% of payments fall within the 31-60 day range, the high overall late percentage and substantial "over 60 days" figure indicate elevated credit risk. Suppliers face a high likelihood of significant payment delays.
Suppliers should exercise caution when dealing with MICK GEORGE EARTHWORKS LIMITED, given their average 47-day payment cycle and 73% late payment rate. Key decision factors must include the high probability of delayed cash flow and the need for robust liquidity management. Mitigate risk by negotiating shorter payment terms, requiring partial upfront payments, or adjusting credit limits accordingly.
| 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 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 59 | 22% | 43% | 35% | 77% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 58 | 10% | 41% | 49% | 58% |
| 01 Oct 2024 - 31 Dec 2024 | 29 Jan 2025 | 47 | 26% | 50% | 24% | 73% |
| 01 Apr 2024 - 30 Sept 2024 | 22 Oct 2024 | 73 | 20% | 36% | 44% | 75% |
| 01 Oct 2023 - 31 Mar 2024 | 10 Jul 2024 | 89 | 16% | 22% | 62% | 85% |
| 01 Apr 2023 - 30 Sept 2023 | 10 Jul 2024 | 71 | 12% | 35% | 53% | 85% |
| 01 Oct 2022 - 31 Mar 2023 | 10 Jul 2024 | 91 | 15% | 32% | 53% | 82% |
| 01 Apr 2022 - 30 Sept 2022 | 10 Jul 2024 | 57 | 12% | 56% | 32% | 73% |
| 01 Oct 2021 - 31 Mar 2022 | 08 Jul 2024 | 68 | 14% | 46% | 40% | 73% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company offers a variety of payment terms to their suppliers depending on individual requirements. These terms are agreed at the point of engagement with a new supplier and may be reviewed periodically once trading relationships have been established.
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
120
Disputes are recorded via the Contracting Department. The dispute will be logged electronically on the accounts system until a resolution is agreed either directly with the supplier or internally in the relevant department.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
MICK GEORGE EARTHWORKS LIMITED is an active private limited company specialising in earthworks services. As a private limited company, it provides professional solutions related to ground engineering and excavation projects.
The company was incorporated on 2 June 2015 and operates under company number 09618109. Its registered office is located at Second Floor, Arena Court, Crown Lane, Maidenhead, Berkshire, England, SL6 8QZ, within the South East region.
Companies focused on earthworks in the UK market typically offer a range of services essential for construction and land development. These services commonly include site clearance, excavation, ground levelling, soil stabilisation, and the preparation of foundations for various building and infrastructure projects.
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