MORRISON FACILITIES SERVICES LIMITED
Company Information
- Company Number
- SC120550
- Registered Address
- Phoenix House, 1 Souterhouse Road, Glasgow, United Kingdom, ML5 4AA
- Status
- Active
- Employee Count
- 241.0
- Turnover
- 22377000.0
- EBITDA
- 750000.0
Additional Details
- Website
- https://mearsgroup.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 2 October 1989
- Nature of Business
- 43210 - Electrical installation$43220 - Plumbing, heat and air-conditioning installation$43290 - Other construction installation$43310 - Plastering
- Industries
- Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- West of Scotland
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 40 | 57% | 40% | 3% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 30 Jul 2023 | 32 | 58% | 39% | 4% | 19% |
| 01 Jul 2022 - 31 Dec 2022 | 12 Jan 2023 | 40 | 39% | 50% | 11% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 03 Aug 2022 | 42 | 44% | 45% | 11% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Feb 2022 | 41 | 45% | 43% | 12% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Sept 2021 | 31 | 58% | 35% | 7% | 30% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 33 | 57% | 33% | 10% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 33 | 54% | 34% | 12% | 29% |
| 01 Jul 2019 - 31 Dec 2019 | 01 Feb 2020 | 38 | 49% | 31% | 20% | 29% |
| 01 Jan 2019 - 30 Jun 2019 | 27 Jul 2019 | 64 | 10% | 33% | 57% | 5% |
| 01 Jul 2018 - 31 Dec 2018 | 09 Feb 2019 | 69 | 9% | 27% | 64% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 63 | 10% | 33% | 57% | 9% |
Company Summary
Morrison Facilities Services Limited is a leading provider of facilities management services in the United Kingdom
The company offers a wide range of services including building maintenance, cleaning, security, and energy management
One of the key focuses of Morrison Facilities Services Limited is sustainability
The company is committed to reducing its environmental impact and promoting sustainable practices in all aspects of its operations
This includes implementing energy-efficient solutions, reducing waste, and using sustainable materials
Morrison Facilities Services Limited also offers a range of sustainable products and services to its clients
This includes green cleaning services, energy-efficient lighting, and waste management solutions
These products and services not only help clients reduce their environmental footprint but also save them money in the long run
The company has a team of experienced and dedicated professionals who are committed to providing high-quality services to their clients
This includes skilled technicians, engineers, and project managers who work together to ensure that all projects are completed efficiently and to the highest standards
For more information on Morrison Facilities Services Limited, their website is www.morrison.co.uk
Their registered office address is The Quadrant, 99 Parkway Avenue, Sheffield, S9 4WG
The company is also available for contact via email at enquiries@morrison.co.uk or by phone at 0344 571 7000
Company Review
Trend Analysis
The average time to pay for MORRISON FACILITIES SERVICES LIMITED has been decreasing over the past three periods, starting at 63 days in 2018 and reaching 40 days in 2023. The percentage of invoices paid within 30 days has also been increasing, from 10% in 2018 to 57% in 2023. However, there has been some fluctuation in the percentage of invoices paid between 31 and 60 days, with a high of 45% in 2022 and a low of 27% in 2018. The percentage of invoices paid later than 60 days has also decreased over the periods, from 57% in 2018 to 3% in 2023.
Volatility Analysis
The volatility in the average time to pay for MORRISON FACILITIES SERVICES LIMITED has been relatively low, with a range of only 31 days over the past three periods. However, there has been some variation in the percentages of invoices paid within 30 days and between 31 and 60 days, with a difference of 49% and 23% respectively between the highest and lowest values over the periods.
Summary Analysis
From 2018 to 2023, MORRISON FACILITIES SERVICES LIMITED has shown a positive trend in paying invoices in a timely manner, with a decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days. However, there has been some volatility in the percentages of invoices paid within 30 days and between 31 and 60 days. The best period for the company was in 2023, where 58% of invoices were paid within 30 days and the average time to pay was 32 days. The worst period for the company was in 2018, where 57% of invoices were paid later than 60 days. The company has consistently maintained a standard payment period of 7 days throughout the periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Suppliers: 30 days nett monthly (smaller non-core suppliers) or 60 days nett monthly (larger core suppliers) Subcontractors 30 days nett monthly (standard terms) or all approved invoices paid 6/16/26th of the month (Mears Payables)
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Morrison Facilities Services Limited actively seeks to resolve disputes by discussing with relevant personnel at the supplier. Discussions may involve accounts payable and credit control, procurement and commercial teams as well as members of management where necessary.
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
