MALCOLM HOLLIS LLP

PaymentCheck Score 2021
49Poor
6.6vs last year
#4448 in UK
#1620 in London

Company Information

Company Number
OC314362
Registered Address
Battersea Studios, 80-82 Silverthorne Road, London, SW8 3HE
Status
Dissolved
Employee Count
389
Turnover
£39,108,000
EBITDA
£10,854,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
22 July 2005
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
48 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
34%
31-60 Days
40%
After 60 Days
26%
Not Paid Within Terms70%

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: 2021-11-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2021 - 30 Sept 202124 Nov 20214834%40%26%70%
01 Nov 2020 - 30 Apr 202128 May 20214748%31%21%43%

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

In January 2021 Hollis adopted a 30 day standard payment period for its payment terms in compliance with the public contract regulations 2015 and in support of a public tender.

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

If any claim or dispute arises under or in connection with these payment terms, the Parties will attempt to settle such claim or dispute by negotiation in accordance with the procedure set out in this clause 4. 4.1.1. Either Party may serve upon the other written notice referring a dispute arising under payment terms for resolution in accordance with this clause 4. 4.1.2. The Parties shall use commercially reasonable efforts to raise any disputes before any invoices relating to the goods or services in dispute become due. 4.1.3. A representative of each party shall meet in good faith within 15 business days of the notice referred to in clause 4.1.1 to resolve the dispute. 4.1.4. Nothing in this clause 4 shall prevent a Party from applying to any court of competent jurisdiction for injunctive or other urgent relief to protect its legitimate interests. 4.1.5. Unless otherwise agreed, the Parties shall fulfil their respective obligations under this Contract insofar as possible regardless of any dispute which is proceeding under the dispute resolution processes described in this clause 4.

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

MALCOLM HOLLIS LLP is a leading UK-based real estate consultancy firm that offers a wide range of services to clients across the globe. The company is committed to providing sustainable solutions to its clients while also prioritizing environmental responsibility in its own operations.

The firm offers a diverse range of services, including building surveying, project management, environmental consultancy, and property management. They work with clients in various sectors, such as commercial, residential, retail, leisure, and industrial.

MALCOLM HOLLIS LLP has a strong sustainability program in place, which is reflected in their business practices and services. They have implemented various environmentally friendly measures in their offices, such as using renewable energy sources, reducing waste, and promoting sustainable transportation options for their employees.

In addition, the company provides sustainability consultancy services to clients, helping them to reduce their environmental impact and achieve their sustainability goals. They also offer energy efficiency assessments and advise clients on sustainable building practices.

The key people at MALCOLM HOLLIS LLP include the managing partner, Malcolm Hollis, who has over 30 years of experience in the industry. He is supported by a team of experienced partners and consultants who are experts in their respective fields.

For more information on their services and sustainability program, interested parties can visit their website at https://www.malcolmhollis.com/. Their registered office address is located at 5 St. Bride Street, London, EC4A 4AS, United Kingdom.

Overall, MALCOLM HOLLIS LLP is a reputable real estate consultancy firm that is dedicated to providing sustainable solutions to its clients. With their expertise and commitment to environmental responsibility, they are a trusted partner for businesses looking to make a positive impact on the planet.

Financial Metrics

Cash
£602,000
Net Worth
£7,067,000
Total Current Assets
£21,669,000
Total Current Liabilities
£13,105,000

Company Location