MICK GEORGE EARTHWORKS LIMITED

PaymentCheck Score 2025
30Poor
3.2vs last year
#4361 in UK
#90 in Environment
#742 in South East

Company Information

Company Number
09618109
Registered Address
Second Floor, Arena Court, Crown Lane, Maidenhead, Berkshire, England, SL6 8QZ
Status
Active
Employee Count
135
Turnover
£58,115,000
EBITDA
£5,677,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 June 2015
Nature of Business
39000 - Remediation activities and other waste management services
Industries
Environment, Agriculture And Waste
Region
South East

Time to Pay

Average Time to Pay
47 days
Shortest Period:7 days
Longest Period:0 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
26%
31-60 Days
50%
After 60 Days
24%
Not Paid Within Terms73%

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)

Company Review

Trend Analysis

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.

Volatility Analysis

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.

Summary Analysis

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.

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20255810%41%49%58%
01 Oct 2024 - 31 Dec 202429 Jan 20254726%50%24%73%
01 Oct 2023 - 31 Mar 202410 Jul 20248916%22%62%85%
01 Apr 2023 - 30 Sept 202310 Jul 20247112%35%53%85%
01 Oct 2022 - 31 Mar 202310 Jul 20249115%32%53%82%
01 Apr 2022 - 30 Sept 202210 Jul 20245712%56%32%73%
01 Oct 2021 - 31 Mar 202208 Jul 20246814%46%40%73%

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

Mick George offer 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

Dispute Resolution Process

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.

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

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.

Financial Metrics

Cash
£450,200
Net Worth
£14,100,000
Total Current Assets
£26,800,000
Total Current Liabilities
£21,700,000

Company Location