SELECT PLANT HIRE COMPANY LIMITED
Company Information
- Company Number
- 01973463
- Registered Address
- Bridge Place Anchor Boulevard, Admirals Park Crossways, Dartford, Kent, DA2 6SN
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 December 1985
- Nature of Business
- 43999 - Other specialised construction activities not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SELECT PLANT HIRE COMPANY LIMITED demonstrates a mixed payment speed, averaging 35 days, with 56% of payments processed within 30 days. However, a significant 30% of payments fall into the 31-60 day range, and 14% extend beyond 60 days, indicating a trend of inconsistent payment velocity.
Volatility Analysis
The company exhibits moderate payment volatility, as evidenced by a 28% late payment rate and 14% of invoices extending beyond 60 days. This substantial proportion of delayed payments creates unpredictability and potential cash flow challenges for suppliers.
Summary Analysis
Suppliers should anticipate an average 35-day payment cycle and factor in the 28% late payment risk when establishing terms and managing their own liquidity. Implementing clear payment terms, proactive follow-up, or considering credit limit adjustments are recommended strategies to mitigate potential delays.
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 | 14 Nov 2025 | 35 | 56% | 30% | 14% | 28% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 33 | 65% | 23% | 12% | 46% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 42 | 56% | 25% | 19% | 38% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 36 | 56% | 27% | 17% | 34% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 35 | 61% | 24% | 15% | 25% |
| 01 Oct 2022 - 31 Mar 2023 | 29 Apr 2023 | 35 | 65% | 20% | 15% | 40% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 36 | 55% | 30% | 15% | 39% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 38 | 49% | 33% | 18% | 40% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 38 | 48% | 37% | 15% | 36% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 39 | 46% | 35% | 19% | 27% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 36 | 54% | 27% | 19% | 25% |
| 01 Oct 2019 - 31 Mar 2020 | 26 Apr 2020 | 39 | 47% | 35% | 18% | 35% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 37 | 42% | 41% | 17% | 39% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 55 | 10% | 57% | 33% | 57% |
| 01 Apr 2018 - 30 Sept 2018 | 28 Oct 2018 | 50 | 20% | 53% | 27% | 59% |
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 subcontractors and suppliers as part of contract negotiations and to comply with any statutory and client contractual requirements. Terms agreed range from 7 Days to 60 Days from month end of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The maximum contractual payment period is 60 Days from month end of invoice.
Maximum contractual payment period agreed
60
Dispute Resolution Process
"Laing O'Rourke Delivery Limited is committed to fair treatment of all its supply chain partners and promotes transparency and swift resolution of any dispute. For both supplier and subcontractor disputes the process will involve the Accounts Payable Department and may involve members of Procurement, Office Management and Commercial and where necessary other Senior Management. Subcontractor disputes will initially be addressed by the Project Commercial team. Following escalation to Senior Management, on rare occasions where it is not possible to reach an agreement suitable to both parties, other methods of dispute resolution may include but are not limited to mediation, adjudication, expert determination and/or arbitration.
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.
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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.
❌
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
SELECT PLANT HIRE COMPANY LIMITED is an active private limited company
It specialises in providing plant hire services
Incorporated on 20 December 1985, the company is registered in England and Wales under company number 01973463
Its registered office is located at Bridge Place Anchor Boulevard, Admirals Park Crossways, Dartford, Kent, DA2 6SN, in the South East of England
Plant hire companies in the UK typically provide a comprehensive range of machinery and equipment for temporary use across various sectors
This commonly includes excavators, diggers, dumpers, and other heavy plant, serving the construction, civil engineering, and landscaping industries
