MCLAUGHLIN & HARVEY LIMITED

PaymentCheck Score 2024
71Fair
6.7vs last year
#2888 in UK
#274 in Property
#32 in Northern Ireland

Company Information

Company Number
NI027864
Registered Address
15 Trench Road, Mallusk, Newtownabbey, Co. Antrim, Northern Ireland, BT36 4TY
Status
Active
Employee Count
523
Turnover
£460,416,000
EBITDA
-£8,453,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 October 1993
Nature of Business
41201 - Construction of commercial buildings
42990 - Construction of other civil engineering projects not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
Northern Ireland

Time to Pay

Average Time to Pay
31 days
Shortest Period:42 days
Longest Period:0 days
Max Contractual:89 days

Payment Timeline

Within 30 Days
51%
31-60 Days
45%
After 60 Days
4%
Not Paid Within Terms15%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202430 Jul 20243151%45%4%15%
01 Jul 2023 - 31 Dec 202330 Jan 20243442%53%5%24%
01 Jan 2022 - 30 Jun 202229 Jul 20223543%52%5%18%
01 Jan 2021 - 30 Jun 202129 Jul 20213345%51%4%17%
01 Jan 2020 - 30 Jun 202030 Jul 20203349%46%5%15%
01 Jan 2019 - 30 Jun 201930 Jul 20193537%58%5%13%
01 Jan 2018 - 30 Jun 201830 Jul 20183150%48%2%9%

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

Subcontract payment terms are agreed as part of contract negotiations. For other suppliers, payment terms are generally 30 days from end of month or 30 days from invoice

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

89

Dispute Resolution Process

For material orders where any disputes arise regarding quantities delivered, these are resolved by the Finance Department who request proof of delivery. Where any disputes regarding invoice rates arise, these are resolved by the buying department.

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

McLaughlin & Harvey Limited is a construction and civil engineering company based in the United Kingdom. They specialize in a wide range of services, including building, civil engineering, and infrastructure projects. The company has a strong focus on sustainability and is committed to delivering projects that have a positive impact on the environment.

Their sustainability program includes initiatives such as reducing waste and carbon emissions, promoting the use of sustainable materials, and implementing eco-friendly practices on their construction sites. They also prioritize the well-being and safety of their employees and communities in which they operate.

McLaughlin & Harvey offers a variety of products and services, including design and build, project management, and maintenance services. They have a diverse portfolio of projects, including commercial buildings, healthcare facilities, and transportation infrastructure. Their services are tailored to meet the unique needs of each project and client.

The company is led by a team of experienced professionals, including directors, managers, and engineers. They are dedicated to delivering high-quality projects and maintaining strong relationships with their clients.

For more information, interested parties can visit their website at www.mclh.co.uk. Their registered office address is 4th Floor, Donegall House, 7 Donegall Square North, Belfast, Northern Ireland, BT1 5GB. McLaughlin & Harvey Limited is a registered company in Northern Ireland, with company number NI006863.

Financial Metrics

Cash
£42,588,000
Net Worth
£26,171,000
Total Current Assets
£187,448,000
Total Current Liabilities
£168,616,000

Company Location