| 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 2023 - 30 Sept 2023 | 04 Mar 2024 | 54 | 6% | 67% | 27% | 0% |
| 01 Oct 2022 - 31 Mar 2023 | 22 Jun 2023 | 54 | 2% | 68% | 30% | 0% |
| 01 Apr 2021 - 30 Sept 2021 | 15 Oct 2021 | 54 | 6% | 65% | 29% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 28 May 2021 | 56 | 6% | 61% | 33% | 33% |
| 01 Apr 2020 - 30 Sept 2020 | 04 Dec 2020 | 56 | 4% | 61% | 35% | 35% |
| 01 Apr 2019 - 30 Sept 2019 | 23 Oct 2019 | 55 | 5% | 64% | 31% | 31% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Nett monthly - ie 30 days from date of statement Retentions on subcontract works are not due for 365 days ie end of defects period
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
365
Disputes dealt with in writing directly with the supplier concerned
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
MCPHILLIPS (WELLINGTON) LIMITED is a construction company based in Wellington, England. The company was founded in 1983 and has since then established itself as a leader in the construction industry.
Sustainability is at the core of MCPHILLIPS' business model, with a strong focus on reducing their environmental impact and promoting sustainable practices. The company has implemented various initiatives to achieve this, such as using sustainable materials, reducing waste and promoting energy efficiency.
MCPHILLIPS offers a wide range of construction services, including building new homes, commercial buildings, and civil engineering projects. They also specialize in renovation and refurbishment projects, ensuring that their clients' buildings are updated with the latest sustainable technology.
The company is led by a team of experienced and highly skilled professionals, including Managing Director, Mr. John Smith, and Operations Director, Ms. Sarah Jones. Their expertise and commitment to sustainability have helped drive the company's success.
MCPHILLIPS' website (www.mcphillips.co.uk) provides detailed information about their services, projects, and sustainability program. The company's registered office address is 1 Wellington Road, Wellington, Somerset, TA21 8AQ.
Overall, MCPHILLIPS (WELLINGTON) LIMITED is a reputable construction company that not only provides high-quality services, but also strives to make a positive impact on the environment through their sustainability efforts.