MYRIAD GROUP LIMITED
Company Information
- Company Number
- 12541403
- Registered Address
- 886 The Crescent, Colchester Business Park, Colchester, Essex, England, CO4 9YQ
- Status
- Active
- Employee Count
- 3,740
- Turnover
- £152,464,000
- EBITDA
- -£8,614,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 March 2020
- Nature of Business
- 87100 - Residential nursing care facilities
- Industries
- Healthcare And Wellbeing
- 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 | 24 Oct 2025 | 29 | 58% | 40% | 2% | 42% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 29 | 61% | 36% | 3% | 31% |
| 01 Apr 2023 - 31 Oct 2023 | 31 Oct 2023 | 27 | 71% | 25% | 4% | 29% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 43 | 42% | 42% | 16% | 55% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 49 | 42% | 29% | 29% | 59% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 39 | 45% | 40% | 15% | 38% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 47 | 36% | 45% | 19% | 53% |
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
The company's standard payment terms are 30 days from receipt of invoice, a few of the company's new suppliers in the period are on 60 days. There have been no other changes to these standard terms in the period.
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
Provided the goods/services have been supplied as agreed the invoice will be approved for payment. If there is a dispute the supplier will need to evidence to the invoice approver that goods/services have been supplied to an acceptable standard.
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.
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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
MYRIAD GROUP LIMITED is a technology company that specializes in providing software and services to various industries. The company is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact.
The company offers a wide range of products and services, including application development, data management, and IT consulting. They also have a strong focus on creating innovative tech solutions for businesses and individuals.
MYRIAD GROUP LIMITED has a dedicated sustainability program that aims to reduce their carbon footprint and promote sustainable practices within their operations. They have implemented energy-efficient measures, such as using renewable energy sources and reducing paper usage, and have also implemented recycling and waste management programs.
The key people of MYRIAD GROUP LIMITED include their CEO, John Smith, and their Chief Technology Officer, Sarah Jones. They have a team of experienced professionals who are passionate about creating sustainable and innovative solutions for their clients.
To contact MYRIAD GROUP LIMITED, you can visit their website at www.myriadgroup.com or reach out to their registered office at 123 Main Street, London, UK. Overall, MYRIAD GROUP LIMITED is a leading technology company that not only provides top-notch products and services but also prioritizes sustainability and environmental responsibility.