SKANSKA CONSTRUCTION UK LIMITED
Company Information
- Company Number
- 00191408
- Registered Address
- 1 Hercules Way, Leavesden, Watford, United Kingdom, WD25 7GS
- Status
- Active
- Employee Count
- 3,317
- Turnover
- £1,232,786,000
- EBITDA
- £49,697,000
Additional Details
- Website
- https://skanska.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 19 July 1923
- Nature of Business
- 41201 - Construction of commercial buildings
- Industries
- Property, Infrastructure And Construction
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time for SKANSKA CONSTRUCTION UK LIMITED to pay invoices has been fluctuating over the past 6 periods, with a general downward trend. In the first period (2018-01-01 to 2018-06-30), the average time was 41 days, which decreased to 38 days in the most recent period (2023-07-01 to 2023-12-31). This suggests that the company has been paying invoices faster over time.
Volatility Analysis
The volatility of the average time to pay for SKANSKA CONSTRUCTION UK LIMITED has also decreased over the past 6 periods. The largest change was between the periods of 2022-07-01 to 2022-12-31 and 2023-01-01 to 2023-06-30, with a decrease of 5 days. This shows that the company has been more consistent in their payment times over time.
Summary Analysis
In the most recent period (2023-07-01 to 2023-12-31), SKANSKA CONSTRUCTION UK LIMITED had an average time to pay of 34 days. This was a decrease from the previous period (2023-01-01 to 2023-06-30) where the average time to pay was 38 days.
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 | 29 Jul 2025 | 28 | 70% | 28% | 2% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 34 | 63% | 29% | 8% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 38 | 55% | 30% | 15% | 28% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 39 | 47% | 35% | 18% | 46% |
| 01 Jan 2022 - 30 Jun 2022 | 11 Jul 2022 | 33 | 52% | 40% | 8% | 8% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 39 | 44% | 43% | 13% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 12 Jul 2021 | 41 | 42% | 47% | 11% | 10% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2021 | 39 | 45% | 46% | 9% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 07 Jul 2020 | 38 | 50% | 42% | 8% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Jan 2020 | 38 | 50% | 43% | 7% | 6% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 40 | 49% | 43% | 8% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 40 | 48% | 44% | 8% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 13 Jul 2018 | 41 | 44% | 45% | 11% | 11% |
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
Skanska has a standard payment term of 30 days Net following the date the invoice/application was created in the system.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Payments made to <50 employee companies: 0-30 days: 80% 31-60 days: 14% 61+ days: 6%
Maximum contractual payment period agreed
30
Dispute Resolution Process
Skanska actively seeks to resolve disputes, typically involving members of the accounts payable and the procurement and commercial teams and where necessary members of the relevant management team. Where discussions are unable to reach a resolution, a number of potential dispute resolution methods (for example, mediation, adjudication) are available and may be implemented by either side where deemed appropriate.
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
SKANSKA CONSTRUCTION UK LIMITED is a leading construction company operating in the United Kingdom. They offer a wide range of construction services including building, infrastructure, and civil engineering projects. The company is committed to sustainability and has established a strong sustainability program to minimize their environmental impact and promote social responsibility.
Their sustainability program includes initiatives such as using renewable energy sources, reducing carbon emissions, and promoting sustainable construction practices. They also prioritize the development of green buildings and have achieved several certifications for their sustainable projects.
SKANSKA CONSTRUCTION UK LIMITED has a diverse portfolio of products and services, including commercial, residential, and public sector projects. They work with both private and public sector clients, delivering high-quality projects on time and within budget.
The company is led by a team of experienced and knowledgeable professionals, including CEO Gregor Craig and President and CEO of Skanska UK, Johan Karlström. Their commitment to sustainability and innovation has earned them numerous awards and recognition in the industry.
For more information, interested parties can visit their website at www.skanska.co.uk. The company's registered office address is located at Maple Cross House, Denham Way, Maple Cross, Rickmansworth, Hertfordshire, WD3 9SW. With their strong focus on sustainability and commitment to delivering quality projects, SKANSKA CONSTRUCTION UK LIMITED continues to be a leader in the construction industry in the UK.
