CLUGSTON CONSTRUCTION LIMITED

Company Information

Company Number
00681537
Registered Address
C/O INTERPATH LTD, 4th Floor Tailors Centre Thirsk Row, Leeds, LS1 4JF
Status
Liquidation
Employee Count
441
Turnover
£157,806,000
EBITDA
-£193,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 January 1961
Nature of Business
41201 - Construction of commercial buildings
Industries
Property, Infrastructure And Construction
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
30 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
61%
31-60 Days
32%
After 60 Days
7%
Not Paid Within Terms19%

Payment Features

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

Company Review

Trend Analysis

The average time taken for CLUGSTON CONSTRUCTION LIMITED to pay invoices has remained relatively stable over the past three periods, with only a 2-day decrease in the most recent period.

Volatility Analysis

The volatility in CLUGSTON CONSTRUCTION LIMITED's payment patterns can be seen in the fluctuations of the percentages of invoices paid between 31 and 60 days and later than 60 days. These percentages have changed by more than 10% in the second period and by 8% in the most recent period.

Summary Analysis

For CLUGSTON CONSTRUCTION LIMITED, the average time taken to pay invoices has decreased slightly from 32 days in the first period to 30 days in the most recent period.

Performance Reports History

Reporting Period Filed: 2019-08-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
27 Jan 2019 - 27 Jul 201930 Aug 20193061%32%7%19%
29 Jul 2018 - 26 Jan 201928 Feb 20193044%44%12%28%
28 Jan 2018 - 28 Jul 201816 Aug 20183265%29%6%13%

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

The most frequently used payment terms for Clugston Construction Ltd are 45days

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

Clugstons actively seeks to resolve disputes by discussing them with the relevant supplier(s), management team and / or commercial teams. Supplier statements are reconciled regularly and every effort is made to ensure all missing invoices are investigate.

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

CLUGSTON CONSTRUCTION LIMITED is a leading construction company in the United Kingdom, with a strong focus on sustainability and environmental responsibility. The company offers a wide range of construction services, including building, civil engineering, and plant hire.

Their sustainability program is a key aspect of their business, with a commitment to reducing their carbon footprint and promoting sustainable practices. This includes implementing energy-efficient measures in their projects, using sustainable materials, and promoting recycling and waste reduction.

One of their notable products is the "Eco-Block," a sustainable concrete block made from recycled materials. This product has been recognized for its environmental benefits and has been used in various construction projects.

The company's key people include the Managing Director, Robert Vickers, who has over 30 years of experience in the construction industry. The company also has a team of highly skilled and experienced professionals who are committed to delivering high-quality and sustainable construction solutions.

CLUGSTON CONSTRUCTION LIMITED can be contacted through their website, which provides information about their services, projects, and sustainability initiatives. Their registered office address is located in Scunthorpe, North Lincolnshire.

In summary, CLUGSTON CONSTRUCTION LIMITED is a reputable construction company in the UK, known for its strong commitment to sustainability and environmental responsibility. With a range of services, a focus on sustainable products, and a team of dedicated professionals, they continue to be a leader in the industry.

Financial Metrics

Cash
£10,586,671
Net Worth
£6,901,099
Total Current Assets
£52,335,293
Total Current Liabilities
£50,383,792

Company Location