Ranked in 9 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 81.1/100 qualifies for PaymentCheck Certification
| 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 Apr 2025 - 30 Sept 2025 | 18 Oct 2025 | 27 | 70% | 28% | 2% | 9% |
| 01 Oct 2024 - 31 Mar 2025 | 17 Apr 2025 | 26 | 69% | 28% | 3% | 11% |
| 01 Apr 2024 - 30 Sept 2024 | 16 Oct 2024 | 26 | 68% | 30% | 2% | 9% |
| 01 Oct 2023 - 31 Mar 2024 | 05 Apr 2024 | 27 | 65% | 32% | 3% | 11% |
| 01 Apr 2023 - 30 Sept 2023 | 13 Oct 2023 | 28 | 62% | 35% | 3% | 11% |
| 01 Apr 2022 - 30 Sept 2022 | 19 Oct 2022 | 28 | 65% | 31% | 4% | 13% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 28 | 61% | 34% | 5% | 12% |
| 01 Apr 2021 - 30 Sept 2021 | 15 Oct 2021 | 29 | 59% | 37% | 4% | 11% |
| 01 Oct 2020 - 31 Mar 2021 | 23 Apr 2021 | 32 | 43% | 52% | 5% | 10% |
| 01 Apr 2020 - 30 Sept 2020 | 23 Oct 2020 | 34 | 45% | 48% | 7% | 20% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 34 | 48% | 39% | 13% | 36% |
| 01 Apr 2019 - 30 Sept 2019 | 09 Oct 2019 | 35 | 47% | 39% | 14% | 40% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 34 | 48% | 37% | 15% | 34% |
| 01 Apr 2018 - 30 Sept 2018 | 10 Apr 2019 | 31 | 56% | 32% | 11% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days from receipt of a valid invoice. Non-Standard terms are agreed with Suppliers and Subcontractors to comply with specific statutory and/or client contractual requirements. Terms agreed range from 7 days to 60 days from month end of invoice received.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
FM Conway Limited is committed to fair treatment of all its Supply chain partners and actively promotes transparency with swift resolution of any dispute. Any dispute arising for either Suppliers or Subcontractors, the process will involve the Accounts Payable Team and the Procurement function as the first port of call. These functions are co-located in our head office to enable timely resolution. On the rare occasions where it is not possible to reach an agreement suitable to both parties the dispute will be escalated to Senior management. In extreme circumstances other methods of dispute resolution may include, but are not limited to mediation, adjudication, expert determination and/or arbitration.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
F M Conway Limited is an infrastructure services provider and asphalt manufacturer based in Sevenoaks, Kent. It delivers services in transportation, the built environment and open spaces, including highways maintenance, civil engineering, structures, lighting, traffic management and water and drainage management. The company produces aggregates, asphalt, bitumen and concrete products, including recycled aggregates, and undertakes major infrastructure projects such as highway and public realm works for local authorities. It also offers consultancy services covering structural engineering, hostile vehicle mitigation and electric vehicle installation. Incorporated in 1961, the company remains active and describes itself as one of the leading asphalt manufacturers in the South East of England.
Generated from the company's website and Companies House records. Sources: fmconway.co.uk · fmconway.co.uk