MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD.
Company Information
- Company Number
- SC191805
- Registered Address
- Mitsubishi Electric Air Conditioning, Nettlehill Road, Houstoun Industrial Estate, Livingston, EH54 5EQ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 December 1998
- Nature of Business
- 27510 - Manufacture of electric domestic appliances28250 - Manufacture of non-domestic cooling and ventilation equipment
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. exhibits a clear trend of settling the majority of invoices (65%) within the 31-60 day window, resulting in an average payment time of 54 days. While 23% are paid within 30 days, a significant 12% of payments extend beyond 60 days, indicating a consistent inclination towards longer payment cycles rather than rapid settlement.
Volatility Analysis
Payment reliability for this entity is moderate; while the largest segment (65%) falls predictably within 31-60 days, the 12% exceeding 60 days introduces variability for a supplier's cash flow forecasting. Despite these extended periods, the reported 0% late payments suggest that these longer durations may align with their agreed terms, but suppliers should nonetheless prepare for potential delays beyond typical 30-day expectations.
Summary Analysis
Overall, MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. is a client with predictable but generally extended payment terms, averaging 54 days. Suppliers should factor in the dominant 31-60 day cycle and the notable 12% of payments extending past 60 days when managing their working capital. Mitigate this by negotiating clear payment terms upfront and adjusting internal cash flow projections accordingly.
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 | 27 Oct 2025 | 54 | 23% | 65% | 12% | 0% |
| 01 Oct 2024 - 31 Mar 2025 | 25 Apr 2025 | 52 | 24% | 64% | 12% | 1% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 54 | 21% | 67% | 12% | 0% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 53 | 24% | 64% | 11% | 1% |
| 01 Apr 2023 - 30 Sept 2023 | 24 Oct 2023 | 53 | 28% | 59% | 11% | 2% |
| 01 Oct 2022 - 31 Mar 2023 | 03 May 2023 | 54 | 26% | 54% | 18% | 2% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 50 | 34% | 51% | 13% | 2% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 55 | 31% | 50% | 19% | 3% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 51 | 19% | 37% | 44% | 4% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 52 | 16% | 69% | 15% | 7% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 36 | 40% | 45% | 15% | 3% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 38 | 36% | 50% | 14% | 5% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 38 | 33% | 50% | 17% | 2% |
| 01 Oct 2018 - 31 Mar 2019 | 30 May 2019 | 46 | 37% | 39% | 24% | 1% |
| 01 Apr 2018 - 30 Sept 2018 | 23 Oct 2018 | 42 | 33% | 51% | 16% | 16% |
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 operates a standard payment term of End of Month following month of invoice, meaning the standard payment term could be up to 60 days. Terms out with standard terms can be lower or higher than 60 days, dependent on supplier. Invoices in our statistics include those from non-UK suppliers. Payment terms agreed with these suppliers are typically in excess of 60 days to allow for transit time.
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
180
Dispute Resolution Process
In the first instance, suppliers are encouraged to submit queries to a central mailbox held by the finance team, finance@m-ace.mee.com. Our aim is to review these queries on a daily basis and resolve as soon as possible. The Accounts Payable team will escalate to Finance manager any disputes they are unable to resolve. We also have an automated switchboard which allows suppliers to speak directly with a member of the finance team.
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
MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD
is an active Private limited Company that specialises in air conditioning systems
The company operates within the Mitsubishi Electric framework, indicating its focus on these specific products
Incorporated on 8 December 1998, the company is registered in Scotland with company number SC191805
Its registered office is located at Mitsubishi Electric Air Conditioning, Nettlehill Road, Houstoun Industrial Estate, Livingston, EH54 5EQ
Companies of this type, specialising in air conditioning systems, typically provide the supply, distribution, installation, and maintenance of various cooling and heating solutions
This includes a range of air conditioning units and related climate control technologies for commercial, industrial, and residential applications within the UK market
