MEARS SCOTLAND LLP

Company Information

Company Number
SO303104
Registered Address
Phoenix House, 1 Souterhouse Road, Glasgow, United Kingdom, ML5 4AA
Status
Active
Employee Count
484.0
Turnover
59163000.0
EBITDA
3421000.0

Additional Details

Company Type
Limited liability partnership
Incorporated On
17 November 2010
Industries
0
Region
West of Scotland

Company Location

Google
Map data ©2025
Map data ©2025

Financial Metrics

Cash
£13,509,000.00
Net Worth
£3,961,000.00
Total Current Assets
£17,365,000.00
Total Current Liabilities
£12,809,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-05

Time to Pay

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

Payment Timeline

Within 30 Days
43%
31-60 Days
56%
After 60 Days
1%
Not Paid Within Terms12%

Payment Features

Participates in Codes✗ No
E-Invoicing✓ Yes
Supply Chain Finance✗ No

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018015304560

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018015304560

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202305 Feb 20243243%56%1%12%
01 Jan 2023 - 30 Jun 202330 Jul 20233149%49%2%16%
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 Jan 2020 - 30 Jun 202031 Jul 20203839%48%13%39%
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%

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

Company Review

Trend Analysis

The average time taken for MEARS SCOTLAND LLP to pay invoices has decreased steadily over the past five periods, from 46 days in the first period to 32 days in the most recent period. This indicates a trend towards faster invoice payment.

Volatility Analysis

The percentage of invoices paid within 30 days has fluctuated between 19% and 49% over the past five periods, showing a high level of volatility. The percentage of invoices paid within 31-60 days has also fluctuated, from 41% to 60%. However, the percentage of invoices paid later than 60 days has consistently remained below 25%, indicating a relatively stable payment timeline for MEARS SCOTLAND LLP.

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

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

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