ERIC WRIGHT CONSTRUCTION LIMITED
Company Information
- Company Number
- 00190204
- Registered Address
- Sceptre House, Sceptre Way, Bamber Bridge Preston, Lancashire, PR5 6AW
- Status
- Active
- Employee Count
- 113
- Turnover
- £59,811,000
- EBITDA
- £845,000
Additional Details
- Website
- https://ericwright.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 25 May 1923
- Nature of Business
- 41201 - Construction of commercial buildings
- Industries
- Property,Infrastructure And Construction
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 Jan 2025 - 30 Jun 2025 | 07 Aug 2025 | 33 | 57% | 39% | 4% | 27% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 32 | 53% | 42% | 5% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 38 | 50% | 45% | 5% | 22% |
| 01 Jan 2022 - 30 Jun 2022 | 24 Jul 2022 | 39 | 47% | 47% | 6% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 39 | 52% | 42% | 6% | 29% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 32 | 58% | 37% | 5% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 34 | 63% | 33% | 4% | 16% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 43 | 53% | 36% | 11% | 23% |
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
All payment terms are 30 days. For purchase ledger this will be 30 days from invoice date. In respect of subcontractor payments, these terms are 30 days from the due date, the due date being dictated by the payment schedule bound within the terms of the Sub-Contract.
Were there any changes to the standard payment terms in the reporting period?
During this reporting period, contractual payment terms have been amended. Previously, purchase ledger payment terms were 30 days end of month, consequently average payment terms for purchase invoices could be expected to be 45 days from the invoice date. In respect of subcontractor payments, these terms were 35 days from the due date, the due date being dictated by the payment schedule bound within the terms of the Sub-Contract. Moving forward, all payment terms are 30 days. For purchase ledger this will be 30 days from invoice date. In respect of subcontractor payments, these terms are 30 days from the due date, the due date being dictated by the payment schedule bound within the terms of the Sub-Contract.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
Purchase ledger invoices – suppliers should contact the accounts department in relation to queries. Disputes will be resolved with the assistance of personnel ordering the goods or services and invoice processing is subject to completed purchase orders and appropriate receipt or proof of delivery. Queries or disputes in relation to subcontractor payments should be addressed in the first instance to the relevant Quantity Surveyor or to the Subcontract Ledger Clerk within the accounts department. Any unresolved issues thereafter can be referred to the surveying / Commercial Director(s).
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
ERIC WRIGHT CONSTRUCTION LIMITED is a leading construction company based in Lancashire, UK
The company was established in 1923 and has since expanded to become a major player in the construction industry.\n\nThe company offers a wide range of services, including construction, engineering, property development, and facilities management
Their main focus is on delivering high-quality, sustainable projects that meet the needs of their clients.\n\nIn terms of sustainability, ERIC WRIGHT CONSTRUCTION LIMITED is committed to reducing their environmental impact and promoting sustainable practices
They have implemented a number of initiatives such as using renewable energy sources, reducing waste, and promoting recycling.\n\nSome of the key people in the company include the Chairman, Jeremy Hartley, and the Managing Director, John Wilson
They are supported by a team of experienced and skilled professionals who are dedicated to delivering excellent results.\n\nFor those interested in contacting the company, they can do so through their website, which is user-friendly and provides information on their services, projects, and sustainability efforts
The registered office address is ERIC WRIGHT HOUSE, Euxton Lane, Euxton, Chorley, Lancashire, PR7 6TE.\n\nIn conclusion, ERIC WRIGHT CONSTRUCTION LIMITED is a highly reputable and sustainable company that offers a wide range of construction services
Their commitment to sustainability, along with their experienced team and customer-focused approach, makes them a top choice for construction projects
