MACE CONSTRUCT LIMITED

PaymentCheck Score 2025
90Good
5.6vs last year
#933 in UK
#434 in London

Company Information

Company Number
09887082
Registered Address
155 Moorgate, London, England, EC2M 6XB
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
24 November 2015
Nature of Business
41100 - Development of building projects
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
19 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
90%
31-60 Days
7%
After 60 Days
3%
Not Paid Within Terms15%

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

MACE CONSTRUCT LIMITED demonstrates a strong trend of prompt payments, with an average payment time of just 19 days. A significant 90% of invoices are settled within 30 days, indicating a consistent and efficient payment trajectory. This suggests a reliable pattern of quick settlements for the majority of transactions.

Volatility Analysis

While generally reliable, there is a minor degree of volatility, as 15% of payments are classified as late. Specifically, 7% extend into the 31-60 day window and 3% exceed 60 days, introducing some predictability risk for a small portion of invoices. Suppliers should be aware of this small but present risk for delayed payments.

Summary Analysis

Overall, MACE CONSTRUCT LIMITED is assessed as a low-risk client for suppliers, primarily due to their rapid average payment time and high percentage of on-time settlements. Suppliers should consider the 15% late payment rate and 3% over 60 days as a minor factor, potentially mitigating this by setting appropriate credit terms or payment reminders for larger invoices.

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 202529 Jul 20252088%9%3%17%
01 Jul 2024 - 31 Dec 202429 Jan 20251990%7%3%15%
01 Jan 2024 - 30 Jun 202423 Jul 20242972%19%9%28%

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

30 days are our most frequently used terms, although we have agreed longer terms with some of our suppliers. Some suppliers insist on payment on receipt of invoice and these are processed on the next available payment run.

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

Our dispute resolution process is published on our website here: https://www.macegroup.com/people/suppliers

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

MACE CONSTRUCT LIMITED is an active private limited company that specialises in construction services.

Incorporated on 24 November 2015, this London-based company operates under company number 09887082. Its registered office is located at 155 Moorgate, London, England, EC2M 6XB.

Typically, such construction companies in the UK market provide a range of services including the building of new structures, refurbishment and renovation works, and civil engineering projects. These services often extend to comprehensive project management and design-and-build solutions across residential, commercial, and industrial sectors.

Financial Metrics

Cash
£43,600,000
Net Worth
-£38,300,000
Total Current Assets
£173,300,000
Total Current Liabilities
£211,600,000

Company Location