MCNICHOLAS CONSTRUCTION SERVICES LIMITED
Company Information
- Company Number
- 01510892
- Registered Address
- 2nd Floor Optimum House, Clippers Quay, Salford, England, M50 3XP
- Status
- Active
- Employee Count
- 266
- Turnover
- £57,891,000
- EBITDA
- -£6,039,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 August 1980
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 30 Jul 2025 | 102 | 38% | 15% | 47% | 20% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 59 | 21% | 35% | 44% | 45% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 50 | 26% | 44% | 30% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 53 | 20% | 44% | 36% | 43% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 48 | 27% | 57% | 16% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 48 | 26% | 55% | 19% | 42% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 59 | 17% | 49% | 34% | 45% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 76 | 4% | 22% | 74% | 95% |
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
Payment terms are agreed with suppliers and subcontractors as part of contract negotiations and aligned with relevant codes to ensure compliance. The most frequently used payment terms in the reporting period are 60 days from invoice received date.
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
Dispute Resolution Process
McNicholas is a strong advocate of fair treatment for all supply chain partners and constantly strives to improve transparency, increase certainty of payment and in reduce time to pay. We are working hard to simplify internal processes and approvals, towards minimising time to pay for our supply chain partners; we are also working with those supply chain partners to inform and upskill where required towards right first time invoicing to avoid payment delays. Where they happen, McNicholas actively seeks to resolve disputes as quickly as possible, through close interaction with suppliers; in the interests of fair treatment for all supply chain partners, dispute resolution is treated as a priority. Typically, these issues can be resolved through coordination between our payables teams and supplier credit control teams within an agreed process for dealing with disputes which is communicated to suppliers, and where necessary procurement and commercial teams are engaged to support the earliest commercial resolution; where resolution is still unable to be achieved, senior management will be engaged towards the swiftest possible conclusion. Where agreement cannot be reached to the mutual satisfaction of both parties, other dispute resolution channels will be deployed, such as mediation, arbitration and expert determination.
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
McNicholas Construction Services Limited is a leading UK-based construction company that provides a wide range of services including civil engineering, building construction, utilities, and telecommunications. The company was founded in 1949 and has since grown to become one of the most reputable construction companies in the country.
One of the main focuses of McNicholas Construction Services Limited is sustainability. The company is committed to reducing its environmental impact and promoting sustainable practices in all its operations. This is achieved through the implementation of sustainable construction methods, the use of eco-friendly materials, and the adoption of renewable energy sources.
In terms of products and services, McNicholas Construction Services Limited offers a comprehensive range of construction solutions to its clients. This includes project management, design and build, refurbishment, and maintenance services. The company has a proven track record of delivering high-quality projects on time and within budget, making them a preferred choice for many clients.
The key people behind the success of McNicholas Construction Services Limited include its Managing Director, Tony Ryan, and its Chairman, Bob Cummings. Both of these individuals bring a wealth of experience and expertise to the company, ensuring its continued growth and success.
McNicholas Construction Services Limited can be contacted through their website, which provides information on their services, projects, and sustainability initiatives. The company's registered office address is located in Hammersmith, London, and is readily available for any inquiries or consultations.
In conclusion, McNicholas Construction Services Limited is a reputable and sustainable construction company that offers a wide range of services to its clients. With a strong focus on sustainability and a team of experienced professionals, the company continues to be a leader in the UK construction industry.
