WILLMOTT DIXON CONSTRUCTION LIMITED
Company Details
Registration Number
00768173
Registered Address
Suite 201 The Spirella Building Bridge Road Letchworth Garden City Hertfordshire England SG6 4ET
Company Status
Active
Employee Count
1483
Turnover
£1,013,746,000
EBITDA
£3,772,000
Additional Information
Website
wilmottdixon.co.ukCompany Type
Private limited Company
Incorporated on
19 July 1963
Nature of Business (SIC)
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
Industries
Property development and construction
Region
East of EnglandCompany Location
Financial Overview
£8,002,877
£29,581,975
Last Reporting Period
Filed
29 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
28 days
Payment Periods
Shortest
14 days
Longest
60 days
Max Contractual
60 days
Payment Timeline
Not Paid Within Terms
12%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 28 | 74% | 25% | 1% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 28 | 76% | 23% | 1% | 11% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 28 | 75% | 23% | 2% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 28 | 74% | 25% | 1% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 28 | 73% | 26% | 1% | 11% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 29 | 70% | 29% | 1% | 10% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 30 | 56% | 42% | 2% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 31 | 52% | 47% | 1% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 30 | 60% | 39% | 1% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 31 | 53% | 45% | 2% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 32 | 50% | 49% | 1% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 33 | 49% | 49% | 2% | 8% |
Company Summary
WILLMOTT DIXON CONSTRUCTION LIMITED is a leading construction company in the UK that is committed to sustainability and providing high quality products and services
They have a strong sustainability program in place, aiming to reduce their environmental impact and promote social responsibility
Their sustainability program includes initiatives such as using sustainable materials, reducing waste and carbon emissions, and promoting biodiversity on their construction sites
They also have a focus on social sustainability, working with local communities and providing training and employment opportunities for local people
In terms of products and services, WILLMOTT DIXON CONSTRUCTION LIMITED offers a wide range of construction services, including building, refurbishment, and fit-out projects
They have a strong track record in delivering projects in various sectors such as education, healthcare, residential, and commercial
Some key people within the company include Rick Willmott, the Group Chief Executive, and John Frankiewicz, the Chief Executive of the Construction division
They also have a team of highly skilled and experienced professionals working across their various projects
For those interested in contacting WILLMOTT DIXON CONSTRUCTION LIMITED, their website address is https://www.willmottdixon.co.uk/ and their registered office address is Willmott Dixon House, Hertfordshire, SG6 1FJ
They also have regional offices located across the UK for easy access and communication
Company Review
Trend Analysis
The average time taken by Willmott Dixon Construction Limited to pay invoices has steadily decreased over the past three periods, from 33 days in the first period to 28 days in the most recent period. This shows a trend towards faster payment to suppliers.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated slightly over the past three periods, with a high of 76% in the last period and a low of 49% in the first period. This shows some volatility in this metric, but overall there has been an increase in the percentage of invoices paid within 30 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment terms are agreed with the supply chain partners and quoted on each purchase order but are typically: 19 days from certification date on certain public sector frameworks. 30 days from valuation on a number of other major frameworks. 42 days from the valuation date for supply of other works partner services. 30 days from invoice date for the supply of other goods and services. In line with the July 2021 update to the PPC, steps have been implemented to ensure that small companies are paid in 30 days or less.
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
Willmott Dixon prides itself in fostering open and strong relationships with its supply chain partners. Suppliers are provided with key contact details for each project and every local office employs a Supply Chain Manager, Finance Manager and Commercial Director who monitor payments and provide an escalation route in the event that any dispute or payment issue arises.
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?
❌
