MMC HOLDINGS UK LIMITED

Company Information

Company Number
09831612
Registered Address
1 Tower Place West, Tower Place, London, EC3R 5BU
Status
Active
Employee Count
0
Turnover
£165,000,000
EBITDA
£1,535,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 October 2015
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
London

Company Review

Trend Analysis

The data shows a consistent trend for MMC HOLDINGS (UK) LIMITED to pay their invoices later than the agreed terms. The percentage of invoices paid later than 60 days has increased steadily over the past three periods.

Volatility Analysis

There is a moderate level of volatility in the data, with some fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days. However, there is a consistent increase in the percentage of invoices paid later than 60 days.

Summary Analysis

The average time taken for MMC HOLDINGS (UK) LIMITED to pay their invoices has been increasing over the past three periods, with the most recent period (2023-01-01 to 2023-06-30) having the highest average time to pay. This is reflected in the increasing percentage of invoices paid later than 60 days, which has gone from 15.5% in 2018-01-01 to 2018-06-30 to 26.8% in 2023-01-01 to 2023-06-30. The percentage of invoices paid within 30 days has also decreased, from 54.3% in 2018-01-01 to 2018-06-30 to 47.8% in 2023-01-01 to 2023-06-30. The shortest standard payment period has remained consistent at an unknown length.

Performance Reports History

Reporting Period Filed: 2023-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202325 Jul 2023
01 Jul 2022 - 31 Dec 202223 Jan 2023
01 Jan 2022 - 30 Jun 202226 Jul 2022
01 Jul 2021 - 31 Dec 202126 Jan 2022
01 Jan 2021 - 30 Jun 202128 Jul 2021
01 Jul 2020 - 31 Dec 202028 Jan 2021
01 Jul 2019 - 31 Dec 201929 Jul 2020
01 Jul 2019 - 31 Dec 201930 Jan 2020
01 Jan 2019 - 30 Jun 201925 Jul 2019
01 Jul 2018 - 31 Dec 201824 Jan 2019
01 Jan 2018 - 30 Jun 201824 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

MMC Holdings (UK) Limited is a leading provider of insurance, reinsurance, and risk management services in the United Kingdom. The company has a strong focus on sustainability and is committed to creating long-term value for its stakeholders while also minimizing its impact on the environment.

The company offers a range of insurance and reinsurance products and services, including property and casualty insurance, employee benefits, and risk consulting. They work with a diverse range of clients, including corporations, government agencies, and individuals.

One of the key people at MMC Holdings (UK) Limited is the CEO, Mark Weil. He is a highly experienced professional with a strong background in the insurance industry. Under his leadership, the company has implemented various sustainability initiatives, including reducing its carbon footprint, promoting diversity and inclusion, and supporting local communities through charitable partnerships.

MMC Holdings (UK) Limited is headquartered in London and has a strong global presence with operations in over 130 countries. The company's website is www.mmc.com, where customers can learn more about their products and services, as well as their sustainability efforts. The registered office address is 1 Tower Place West, Tower Place, London, EC3R 5BU.

In summary, MMC Holdings (UK) Limited is a leading insurance and risk management company in the UK with a strong commitment to sustainability. They offer a wide range of products and services, have a dedicated team of professionals, and can be contacted through their website or registered office address.

Financial Metrics

Cash
£0
Net Worth
£8,708,732
Total Current Assets
£9,500,435
Total Current Liabilities
£791,702

Company Location