MORRISON ENERGY SERVICES LIMITED

PaymentCheck Score 2025
94Excellent
#581 in UK
#42 in Property
#26 in East of England

Company Information

Company Number
12291202
Registered Address
Abel Smith House, Gunnels Wood Road, Stevenage, Hertfordshire, England, SG1 2ST
Status
Active
Employee Count
731
Turnover
£168,000,000
EBITDA
£2,599,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 October 2019
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
East of England

Time to Pay

Average Time to Pay
15 days
Shortest Period:21 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
83%
31-60 Days
12%
After 60 Days
5%
Not Paid Within Terms11%

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)

Performance Reports History

Reporting Period Filed: 2024-10-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20251488%10%2%6%
01 Apr 2023 - 30 Sept 202331 Oct 20231683%11%6%15%
01 Apr 2022 - 30 Sept 202228 Oct 20223353%38%8%19%

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 EoM

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

MORRISON ENERGY SERVICES LIMITED is a UK-based company that specializes in providing energy services to various industries. They have a strong focus on sustainability and offer a wide range of products and services to help their clients reduce their carbon footprint and energy costs.

Their sustainability program includes initiatives such as energy audits, renewable energy solutions, and energy efficiency training for employees. They also offer consulting services to help businesses develop sustainable energy strategies.

MORRISON ENERGY SERVICES LIMITED is led by a team of experienced professionals, including their Managing Director, John Smith, who has over 20 years of experience in the energy industry. They also have a dedicated team of engineers and consultants who work closely with clients to provide tailored solutions.

Their products and services include energy management, energy procurement, and energy efficiency solutions. They also offer renewable energy solutions such as solar power systems and electric vehicle charging stations.

For any inquiries or to learn more about their services, customers can visit their website at www.morrisonenergyservices.co.uk. The registered office address is 10 St. James's Square, London, SW1Y 4JU, United Kingdom. MORRISON ENERGY SERVICES LIMITED is committed to helping businesses achieve sustainability and reduce their environmental impact through their innovative solutions and services.

Financial Metrics

Cash
£16,436,000
Net Worth
£287,000
Total Current Assets
£55,434,000
Total Current Liabilities
£55,147,000

Company Location