P.J. CAREY (CONTRACTORS) LIMITED
Company Information
- Company Number
- 01460224
- Registered Address
- 1 Hand Axe Yard 277a Gray's Inn Road, Kings Cross, London, United Kingdom, WC1X 8BD
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 November 1979
- Nature of Business
- 41201 - Construction of commercial buildings41202 - Construction of domestic buildings42110 - Construction of roads and motorways42220 - Construction of utility projects for electricity and telecommunications
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
P.J. CAREY's average payment time of 51 days suggests a consistent pattern of extended payment cycles beyond typical 30-day terms. While 47% pay within 30 days, a substantial 37% pay between 31-60 days and 16% pay over 60 days, indicating a clear trend towards longer settlement periods for a majority of invoices.
Volatility Analysis
The 16% of payments extending beyond 60 days, alongside an 11% late payment rate, introduces moderate unpredictability for suppliers regarding cash flow. While nearly half of payments are prompt, there is a discernable risk of delayed remittances, making payment timing less reliably predictable.
Summary Analysis
Suppliers should factor in an average payment period of 51 days when dealing with P.J. CAREY, acknowledging the significant likelihood of payments extending beyond 30 days. To manage this risk, it is advisable to consider adjusting payment terms to 60 days or implementing robust late payment charges for protracted invoices.
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 51 | 47% | 37% | 16% | 11% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 42 | 60% | 29% | 11% | 19% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 44 | 54% | 33% | 13% | 0% |
| 01 Oct 2023 - 31 Mar 2024 | 01 May 2024 | 30 | 56% | 27% | 17% | 30% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 29 | 54% | 33% | 13% | 21% |
| 01 Oct 2022 - 31 Mar 2023 | 29 Apr 2023 | 29 | 58% | 27% | 15% | 25% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 37 | 52% | 29% | 19% | 32% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 36 | 50% | 24% | 26% | 40% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 43 | 45% | 25% | 30% | 48% |
| 01 Oct 2020 - 30 Mar 2021 | 30 Apr 2021 | 34 | 48% | 30% | 22% | 44% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 49 | 40% | 14% | 46% | 61% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 37 | 53% | 21% | 26% | 50% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 36 | 51% | 22% | 27% | 51% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 33 | 54% | 29% | 17% | 33% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 36 | 49% | 30% | 21% | 25% |
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
The Company payment terms can vary by contract and supply, however our standard payment terms for supplier payments are 45 days end of month from invoice date. Subcontractor payment terms are dependent on the specific requirements of individual projects.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We operate on standard payment terms unless specifically agreed with our supplier and Group Procurement Manager
Maximum contractual payment period agreed
76
Dispute Resolution Process
At P J Carey Contractors Ltd, we strive to resolve payment enquiries on a timely basis. We are committed to dealing fairly with promptly paying our suppliers and subcontractors. The method of dispute resolution will depend on the nature of the query. In respect of our subcontractors, the dispute will be dealt with by the relevant project team who will negotiate with our subcontractor until the issue is resolved and payment is made. The implementation of workflow on our Purchase Ledger enables us to deal with internal queries in an efficient and timely manner. In respect of disputes with our suppliers, our Accounts payable team will expedite a resolution assisted by our Procurement and relevant site teams. Should formal resolution be required , which is extremely unlikely, methods such as mediation may be used.
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?
No information available
Company Summary
P.J
CAREY (CONTRACTORS) LIMITED is an active private limited company
The company operates as contractors, specialising in projects and services within this sector
Established on 9 November 1979, the company holds company number 01460224
Its registered office is located in London at 1 Hand Axe Yard 277a Gray's Inn Road, Kings Cross, London, United Kingdom, WC1X 8BD
As contractors, businesses of this nature in the UK market typically provide services related to the planning, execution, and oversight of various projects
This often encompasses activities in construction, engineering, or facilities management, delivering completed works for clients
