MALLAGHAN ENGINEERING LIMITED

Company Information

Company Number
NI020042
Registered Address
69 Coalisland Road, Dungannon, Co Tyrone, BT71 6LA
Status
Active
Employee Count
388
Turnover
£83,879,000
EBITDA
£10,726,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 December 1986
Nature of Business
28220 - Manufacture of lifting and handling equipment
Industries
Air Travel, Manufacturing
Region
Northern Ireland

Time to Pay

Average Time to Pay
62 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
6%
31-60 Days
43%
After 60 Days
51%
Not Paid Within Terms92%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-07-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201806 Feb 2019607%48%45%85%
01 Jan 2018 - 30 Jun 201831 Jul 2018666%39%55%87%

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

most frequently used payment term is 60 days - 30% of suppliers are 60 days payment terms

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

120

Dispute Resolution Process

disputes and complaints are processed through a dedicated accounts payable inbox with a response time of 24 hours

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

Mallaghan Engineering Limited is a company based in Dungannon, Northern Ireland that specializes in the design and manufacture of ground support equipment for the aviation industry. The company was founded in 1986 by the Mallaghan family and has since become a global leader in its field.

The company's sustainability program is a key focus, with a commitment to reducing their environmental impact and promoting sustainable practices. This includes using renewable energy sources, implementing recycling and waste reduction initiatives, and continuously improving their operations to minimize their carbon footprint.

Mallaghan Engineering offers a wide range of products and services, including aircraft stairs, catering trucks, baggage carts, and more. These products are designed with efficiency and durability in mind, and are used by major airlines and airports worldwide.

The key people at Mallaghan Engineering Limited include Ronan Mallaghan, the Managing Director, and Gerard Mallaghan, the Technical Director, both of whom have been with the company since its inception. Their leadership and expertise have played a significant role in the company's success.

For more information, their website, www.mallaghanengineering.com, provides a comprehensive overview of their products, services, and sustainability efforts. The registered office address is Unit 1, Mallaghan Engineering, 6 Tullyodonnell Road, Dungannon, Co. Tyrone, Northern Ireland, BT71 6HR. Customers can also contact the company through their website or by phone at +44 (0) 28 8774 0372. Mallaghan Engineering Limited is committed to delivering high-quality products and services while prioritizing sustainability in all aspects of their operations.

Financial Metrics

Cash
£181,600
Net Worth
£21,779,477
Total Current Assets
£31,115,931
Total Current Liabilities
£15,711,676

Company Location