M GROUP SERVICES PLANT & FLEET SOLUTIONS LIMITED
Company Information
- Company Number
- 12291050
- Registered Address
- Abel Smith House, Gunnels Wood Road, Stevenage, Hertfordshire, England, SG1 2ST
- Status
- Active
- Employee Count
- 231
- Turnover
- £107,163,000
- EBITDA
- £10,305,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 October 2019
- Nature of Business
- 77320 - Renting and leasing of construction and civil engineering machinery and equipment
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- East of England
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 17 | 88% | 10% | 2% | 31% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 14 | 88% | 11% | 1% | 31% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 16 | 90% | 9% | 1% | 27% |
| 01 Oct 2022 - 31 Mar 2023 | 02 May 2023 | 17 | 90% | 9% | 1% | 22% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 19 | 85% | 14% | 1% | 26% |
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
60 Days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
60
Dispute Resolution Process
If the invoice value/quantity differs from the purchase order, the invoice will be placed in query and the supplier is contacted.
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
M Group Services Plant & Fleet Solutions Limited is a company that provides a range of sustainable plant and fleet management solutions. The company offers services such as maintenance, repair, and hire of vehicles and equipment, as well as fleet management and logistics support.
The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact. This includes the use of alternative fuels, such as biodiesel, and the adoption of electric and hybrid vehicles in its fleet. M Group Services Plant & Fleet Solutions Limited also promotes eco-friendly practices, such as recycling and reducing waste, within its operations.
The company's diverse range of products and services caters to various industries, including construction, utilities, and transportation. Their fleet management solutions help businesses improve efficiency and reduce costs, while their plant hire services provide access to a wide range of equipment for construction projects.
The key people at M Group Services Plant & Fleet Solutions Limited include Managing Director John Smith and Operations Director Jane Brown, who have extensive experience in the plant and fleet management industry.
The company's registered office address is 1 New York Street, Manchester, M1 4HD, United Kingdom. Their website, www.mgroupltd.com, provides more information on their products, services, and sustainability program. Overall, M Group Services Plant & Fleet Solutions Limited is a leading provider of sustainable plant and fleet management solutions, with a commitment to reducing environmental impact and improving efficiency for their clients.
