The average time taken for AMALGAMATED CONSTRUCTION LTD to pay invoices to suppliers has decreased from 50 days in the first period (Oct 2017 - Mar 2018) to 36 days in the most recent period (Apr 2023 - Sep 2023). This shows a trend of the company becoming more efficient in paying invoices.
The volatility in the percentage of invoices paid within 30 days has decreased over the years, with the lowest being 33% in the second period (Apr 2018 - Sep 2018) and the highest being 85% in the eleventh period (Apr 2022 - Sep 2022). This indicates that the company has become more consistent in paying invoices within 30 days.
The average time taken for AMALGAMATED CONSTRUCTION LTD to pay invoices has decreased from 50 days in the first period (Oct 2017 - Mar 2018) to 36 days in the most recent period (Apr 2023 - Sep 2023).
| 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 Oct 2025 - 31 Mar 2026 | 14 May 2026 | 42 | 37% | 58% | 5% | 16% |
| 01 Apr 2025 - 30 Sept 2025 | 26 Nov 2025 | 46 | 25% | 67% | 8% | 24% |
| 01 Oct 2024 - 31 Mar 2025 | 17 Jul 2025 | 37 | 31% | 65% | 4% | 13% |
| 01 Apr 2024 - 30 Sept 2024 | 02 Oct 2024 | 38 | 29% | 66% | 5% | 29% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 41 | 31% | 65% | 4% | 22% |
| 01 Apr 2023 - 30 Sept 2023 | 18 Oct 2023 | 36 | 40% | 55% | 5% | 15% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 35 | 66% | 27% | 7% | 23% |
| 01 Apr 2022 - 30 Sept 2022 | 18 Oct 2022 | 24 | 85% | 11% | 4% | 31% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 32 | 64% | 29% | 7% | 20% |
| 01 Apr 2021 - 30 Sept 2021 | 05 Oct 2021 | 29 | 63% | 33% | 4% | 23% |
| 01 Oct 2020 - 31 Mar 2021 | 21 Apr 2021 | 34 | 57% | 35% | 8% | 28% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | |||||
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 37 | 54% | 34% | 12% | 35% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Nov 2019 | 39 | 49% | 40% | 11% | 37% |
| 01 Oct 2018 - 31 Mar 2019 | 18 Apr 2019 | 41 | 43% | 42% | 15% | 45% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 45 | 33% | 49% | 17% | 41% |
| 01 Oct 2017 - 31 Mar 2018 | 27 Apr 2018 | 50 | 25% | 51% | 24% | 51% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are agreed with suppliers as part of contract negotiations. The most frequently used terms are 30 days.
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
The company aims to resolve disputes through effective dialogue with the relevant suppliers. The procurement and commercial teams try to resolve disputes at the earliest possible opportunity. Where it is not possible to reach agreement a number of potential dispute resolution methods may be used e.g. mediation, adjudication, litigation, expert determination.
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
Amalgamated Construction Ltd, registered in England as company number 995892, trades as AmcoGiffen. It is a wholly owned subsidiary of Renew Holdings plc. AmcoGiffen provides multi-disciplinary engineering, construction and maintenance services across the rail, energy, environmental and infrastructure sectors, covering design, planning, consultancy, build, commissioning, operation and maintenance. Its work includes civil, structural, mechanical and electrical engineering, signalling and telecoms, and both planned and reactive maintenance for clients such as Network Rail and the Environment Agency. The business operates nationally through a network of regional offices and depots across England, Scotland and Wales, supporting critical assets and infrastructure often in sensitive or hazardous environments.
Generated from the company's website and Companies House records. Sources: amco-construction.co.uk · amco-construction.co.uk · amco-construction.co.uk