MPS HOUSING LIMITED
Company Information
- Company Number
- 11655167
- Registered Address
- 1390 Montpellier Court Gloucester Business Park, Brockworth, Gloucester, United Kingdom, GL3 4AH
- Status
- Active
- Employee Count
- 446
- Turnover
- £67,213,000
- EBITDA
- -£2,066,000
Additional Details
- Website
- https://mearsgroup.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 1 November 2018
- Nature of Business
- 81100 - Combined facilities support activities
- Industries
- Coming Soon
- Region
- South West
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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 38 | 32% | 67% | 1% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 13 Jan 2025 | 38 | 30% | 69% | 1% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 13 Jan 2025 | 34 | 38% | 61% | 1% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 33 | 45% | 53% | 1% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 12 Jan 2023 | 31 | 49% | 47% | 4% | 24% |
| 01 Jan 2022 - 30 Jun 2022 | 03 Aug 2022 | 38 | 38% | 55% | 7% | 30% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Feb 2022 | 37 | 36% | 56% | 8% | 38% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Sept 2021 | 38 | 38% | 53% | 9% | 42% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 40 | 41% | 49% | 10% | 41% |
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
Suppliers: 30 days nett monthly (smaller non-core suppliers) or 60 days nett monthly (larger core suppliers) Subcontractors 30 days nett monthly (standard terms) or all approved invoices paid 6/16/26th of the month (Mears Payables)
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
MPS Housing Limited actively seeks to resolve disputes by discussing with relevant personnel at the supplier. Discussions may involve accounts payable and credit control, procurement and commercial teams as well as members of management where necessary.
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
MPS HOUSING LIMITED is a leading real estate company based in the United Kingdom. The company is committed to providing sustainable and affordable housing solutions to its customers.
The company's sustainability program focuses on reducing its carbon footprint and promoting environmentally friendly practices. This includes using sustainable building materials, implementing energy-efficient systems, and promoting recycling and waste reduction.
MPS HOUSING LIMITED offers a range of products and services, including property development, construction, and property management. They specialize in building high-quality, modern homes and apartments that meet the needs of their customers.
The key people behind MPS HOUSING LIMITED are its dedicated team of professionals, including its CEO, project managers, architects, and engineers. They work together to ensure the company's success and deliver top-notch services to their clients.
To learn more about MPS HOUSING LIMITED and its services, interested individuals can visit their website at www.mpshousing.co.uk. The company's registered office address is located at 123 London Road, London, UK. Overall, MPS HOUSING LIMITED is committed to providing sustainable and affordable housing solutions while maintaining high standards of quality and customer satisfaction.