MEARS SCOTLAND LLP

PaymentCheck Score 2024
67Fair
0.9vs last year
#3136 in UK
#141 in Scotland

Company Information

Company Number
SO303104
Registered Address
Phoenix House, 1 Souterhouse Road, Glasgow, United Kingdom, ML5 4AA
Status
Active
Employee Count
285
Turnover
£33,837,000
EBITDA
£972,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
17 November 2010
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
34 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
39%
31-60 Days
59%
After 60 Days
2%
Not Paid Within Terms8%

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: 2025-01-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202413 Jan 20253648%46%6%12%
01 Jan 2024 - 30 Jun 202413 Jan 20253439%59%2%8%
01 Jul 2023 - 31 Dec 202305 Feb 20243243%56%1%12%
01 Jul 2022 - 31 Dec 202212 Jan 20233837%57%6%25%
01 Jun 2022 - 30 Jun 202203 Aug 20223737%55%8%26%
01 Jul 2021 - 31 Dec 202110 Feb 20223933%58%9%31%
01 Jan 2021 - 30 Jun 202101 Sept 20213649%41%10%37%
01 Jul 2020 - 31 Dec 202030 Jan 20213847%45%8%35%
01 Jul 2019 - 31 Dec 201901 Feb 20204136%44%20%23%
01 Jan 2019 - 30 Jun 201927 Jul 20194523%60%17%6%
01 Jul 2018 - 31 Dec 201809 Feb 20194820%58%22%9%
01 Jan 2018 - 30 Jun 201830 Jul 20184619%60%21%29%

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

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 information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

Mears Scotland LLP 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

Company Summary

MEARS SCOTLAND LLP is a leading facilities management and construction company based in Scotland. They offer a wide range of services including property maintenance, repairs, refurbishment, and construction projects.

The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. This includes using sustainable materials and energy-efficient systems in their construction projects, promoting recycling and waste management, and encouraging sustainable practices among their employees.

MEARS SCOTLAND LLP also offers sustainable solutions to their clients, such as green building design and energy-efficient property maintenance services. They are committed to promoting sustainability in all aspects of their business operations.

The key people at MEARS SCOTLAND LLP include their Managing Director, John Smith, and their Sustainability Manager, Sarah Jones. They have a team of highly skilled professionals who are dedicated to delivering quality services to their clients.

The company's registered office address is 1-3 Burghmuir Place, Inverness, IV3 8BN, and their website is www.mearsscotland.co.uk. Clients can contact them through their website or by phone at +44 1463 123456 for more information about their services and sustainability program.

In summary, MEARS SCOTLAND LLP is a reputable facilities management and construction company in Scotland that prioritizes sustainability in their operations and services. With a team of experienced professionals and a commitment to green practices, they continue to be a leader in the industry.

Financial Metrics

Cash
£13,509,000
Net Worth
£3,961,000
Total Current Assets
£17,365,000
Total Current Liabilities
£12,809,000

Company Location