MMCG (2) LIMITED
Company Information
- Company Number
- 10622354
- Registered Address
- Westcourt, Gelderd Road, Leeds, West Yorkshire, United Kingdom, LS12 6DB
- Status
- Active
- Employee Count
- 1,328
- Turnover
- £76,374,000
- EBITDA
- £5,617,000
Additional Details
- Website
- https://mmcg.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 16 February 2017
- Nature of Business
- 87300 - Residential care activities for the elderly and disabled
- Industries
- Care Services
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 May 2023 - 31 Oct 2023 | 03 Jan 2024 | 48 | 25% | 31% | 44% | 32% |
| 01 Nov 2022 - 30 Apr 2023 | 20 May 2023 | 53 | 23% | 29% | 48% | 36% |
| 01 May 2022 - 30 Oct 2022 | 20 May 2023 | 51 | 22% | 44% | 34% | 26% |
| 01 Nov 2021 - 30 Apr 2022 | 20 May 2023 | 47 | 20% | 59% | 22% | 18% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 48 | 20% | 55% | 25% | 20% |
| 01 Nov 2020 - 30 Apr 2021 | 30 May 2021 | 49 | 15% | 57% | 29% | 24% |
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
Our most frequently used payment terms are to pay suppliers within 45 days from the end of the month in which we receive the relevant invoice from the supplier and this has been validated by the site receiving the supplies. We will always try to trade on these terms with all suppliers, except where there are material circumstances and businesses with unique products/services or where identified as vital to the business are offered more favourable terms to alleviate cash flow issues
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
Where there are complaints from suppliers about payment our central accounts payable team can provide an initial update. If an invoice is in query or under review they would advise the supplier of this and endeavour to assist with resolving the issue. The most common reasons for invoices in query are awaiting site confirmation and delivery status
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
MMCG (2) LIMITED is a UK-based company that provides a range of services and products in the healthcare sector. The company is committed to sustainability and has implemented various initiatives to reduce their carbon footprint.
Their sustainability program includes using environmentally friendly materials in their products, reducing waste and promoting recycling, and implementing energy-efficient practices in their facilities. They also have a strong focus on social responsibility, supporting local communities and charities.
MMCG (2) LIMITED offers a variety of products and services, including care homes, home care services, and specialist dementia care. Their care homes are designed to provide a comfortable and safe environment for residents, with a focus on promoting independence and well-being.
The company is led by a team of experienced and dedicated individuals, including CEO Ian Smith and Director Mark Milton. They work closely with staff and stakeholders to ensure the highest quality of care and service.
Their website, www.mm-carehomes.co.uk, provides information about their services, locations, and career opportunities. The registered office address for MMCG (2) LIMITED is 5th Floor, 1 City Square, Leeds, LS1 2ES.
In summary, MMCG (2) LIMITED is a sustainable company that offers a range of high-quality healthcare services and products. They are committed to providing excellent care while also being socially and environmentally responsible.
