OLIVER CONNELL AND SON LIMITED
Company Information
- Company Number
- 01168783
- Registered Address
- Zanrose House Perivale Industrial Estate, Horsenden Lane South, South Greenford, United Kingdom, UB6 7RH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 May 1974
- Nature of Business
- 42990 - Construction of other civil engineering projects not elsewhere classified
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
OLIVER CONNELL AND SON LIMITED consistently pays outside standard 30-day terms, with an average payment time of 44 days. A significant majority (55%) of payments fall within the 31-60 day window, indicating a clear trend towards extended payment cycles rather than prompt settlement. Only 27% of invoices are settled within 30 days, reinforcing this pattern of longer payment periods.
Volatility Analysis
Payment behavior is reasonably predictable, with over half of payments reliably occurring between 31 and 60 days. However, the 18% of payments exceeding 60 days introduces a moderate risk of extended delays, though the very low 1% 'late' figure suggests active eventual settlement. Suppliers can generally anticipate payments within the 31-60 day range but must account for occasional, longer waits.
Summary Analysis
Suppliers should anticipate an average 44-day payment cycle, aligning payment terms to this typical 31-60 day window for OLIVER CONNELL AND SON LIMITED. While direct late payments are rare (1%), the consistent proportion of payments over 60 days (18%) necessitates robust follow-up procedures for aged invoices. Consider adjusting credit limits or offering early payment discounts if faster payments are critical for cash flow.
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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 44 | 27% | 55% | 18% | 1% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Feb 2025 | 44 | 23% | 58% | 19% | 2% |
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
End of the month following Invoice month.
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
75
Dispute Resolution Process
For suppliers: Disputes or complaints should be raised with the individual who authorised the order, if this is not known then queries may be made to Oliver Connell and Son Ltd accounts payable team, who will raise the matter with the responsible individual. If this does not resolve the query, then the matter will be escalated to the director responsible for the relevant department. For Subcontractors: Before payment is processed, the quantity surveyor over-looking the site will notify the supplier with the payment that will be made regarding that month’s work; including justification for any withheld sums. Where the supplier disputes this value, the supplier is asked to provide evidence to the quantity surveyor to support their claims that the value of the payment should differ. If no agreement is met, a meeting will be held between Oliver Connell and Son Ltd Commercial director. If an agreement is still not met, the dispute will go to an adjudication tribunal to have an independent body assess the dispute.
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.
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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
Company Summary
OLIVER CONNELL AND SON LIMITED operates as an active private limited company in the United Kingdom
While the company name suggests a family business, its specific trade or industry sector is not indicated by the provided information
Registered under company number 01168783, the company was incorporated on 2 May 1974
Its registered office is located at Zanrose House Perivale Industrial Estate, Horsenden Lane South, South Greenford, United Kingdom, UB6 7RH
As a private limited company, OLIVER CONNELL AND SON LIMITED benefits from a common business structure in the UK, providing limited liability to its shareholders
This company type is employed by organisations across a wide array of sectors for various products and services
