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Their own payment-practices filing · gov.uk

How long does MCD Group Limited take to pay its suppliers?

CRN 00423062 · Wholesale & retail trade · 9 statutory reports on record · period to 30 Jun 2024

36days
their reported average time to pay suppliers, latest period
Slower than mostvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

Share
Dated record. The latest report covers a period ending 30 Jun 2024 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
5 Nov 1946
Registered office
GORSEY LANE, BIRMINGHAM, B46 1JU
1 outstanding charge — secured borrowing registered Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 15–130 days. Reported average: 36.

Stated terms15–130d
+21 days
Reported avg36d

At a glance

The key figures

15–130d
their stated terms
2%
invoices paid outside terms
-21d
faster over the window
±11d
variable pattern

Vs peers · latest reported averages

fasterslower
Faster than 54% of the 819 large companies reporting in wholesale & retail trade.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 15d
57
61
52
57
35
36
H2 2019H1 2020H2 2020H1 2021H2 2023H1 2024

Where their supplier invoices land · latest period

within 30 days 40% 31–60 days 52% 61+ days 8%

The read · computed from their figures

MCD Group Limited has filed 9 statutory payment periods (earliest H1 2018). Their latest report puts the average at 36 days against stated terms of 15–130 days.

The direction is faster: from 57 to 36 days over the window — about 21 days faster.

In the latest period 2% of invoices were paid outside their agreed terms, and 8% landed 61+ days out.

In their own words · from the filing

Standard payment terms

A singular standard payment term does not exist across our supplier base due to the long-standing relationships that we have with our suppliers. The majority of terms are 10th of second month following date of invoice (being 40 to 70 days) or 10th of third month following date of invoice (being 70 to 100 days). In most cases settlement discount is included within the terms. Any amendments to such terms are negotiated and agreed by both parties. For service provider suppliers (i.e. excluding stock for resale suppliers) standard payment terms are end of month following date of invoice (being 30 to 60 days).

Dispute resolution

• All invoices are registered onto the system on receipt and subsequently authorised at the earliest possible date. • If for any reason there is a discrepancy between the invoice value and what our internal purchase order system is expecting the invoice is suspended pending confirmation of the query to determine if this is a supplier or internal error. • If it is deemed that the query is due to supplier error, a linked debit note is raised on our system and emailed to the supplier informing them of the query. • Once the credit note is received from the supplier it is authorised onto our system automatically authorising the invoice previously held under query. • The authorised invoice will then be paid in the next payment run to the supplier.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2024362%8%23 Jul 2024
H2 2023352%7%23 Apr 2024
H1 2021579%48%16 Aug 2021
H2 20205212%39%12 Feb 2021
H1 20206114%52%30 Jul 2020
H2 20195715%45%10 Feb 2020
H1 20195714%46%11 Jul 2019
H2 20185613%45%11 Jul 2019
H1 20185510%41%30 Jul 2018

Working-capital effect

What a 36-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 36-day vs a 15-day payment cycle.

≈ £14,000
of invoicing outstanding at any one time on a 36-day cycle — about £8,300 more than the same account would carry at 15-day terms.

Late Payment Act. The Late Payment of Commercial Debts Act lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers

Are they getting slower or faster?
Their reported average has moved about 21 days faster over the window (57 → 36 days).
What's their typical pay point?
Their latest reports average around day 36, moving within about ±11 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch MCD Group Limited (free)

Their next payment report is due ≈ 26 Jan 2025. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-00423062 · latest period to 30 Jun 2024

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