GMI Construction Group PLC maintains an average payment time of 32 days, sitting marginally above the standard 30-day benchmark. The majority of payments (56%) are settled within 30 days, with a significant 42% falling in the 31–60 day range, suggesting a consistent pattern of slight payment delays rather than severe delinquency. The low 2% rate of payments exceeding 60 days indicates that extended delays are the exception rather than a recurring trend.
With 98% of payments resolved within 60 days, GMI demonstrates a broadly predictable payment cycle, reducing exposure to prolonged cash flow disruption for suppliers. However, only 56% of payments meet the 30-day threshold, meaning suppliers should realistically plan for settlement closer to 45 days on average across their invoice portfolio. The 8% late payment rate introduces a moderate degree of unreliability, which may require suppliers to factor in occasional payment chasing and its associated administrative cost.
GMI Construction Group PLC presents a low-to-moderate payment risk profile, making them a workable but not risk-free trading partner for suppliers. The primary concern is the high proportion of 31–60 day settlements, so suppliers should ensure payment terms explicitly state 30 days and build cash flow plans that accommodate a realistic 35–45 day settlement window. To mitigate risk, suppliers should consider implementing clear escalation procedures for late invoices and reviewing credit limits periodically given the 8% late payment rate.
| 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 | 30 Apr 2026 | 32 | 56% | 42% | 2% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company operate a range of payment terms including 0 days, 7 days, 14 days, 30 days and 30 days EOM. Standard Supplier payment terms (excluding Subcontractors) are 30 days EOM Standard Subcontractor payment terms are 45 days from the end of the valuation period, although a variety of terms operate from 7 days, 14 days, 30 days and 30 days EOM and 45 days EOM.
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
45
All standard agreements set out a dispute resolution process but the company will always seek to avoid disputes by first discussing matters directly with the supplier. Invoice queries should be sent to accounts@gmi.co.uk. Subcontractor queries should in the first instance be directed to the relevant project team or commercial team and can also be sent to subcontract@gmi.co.uk. In the unlikely event that a resolution cannot be reached quickly then it will be escalated to director level.
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
GMI Construction Group PLC is a public limited company operating within the construction sector. As a group entity, the organisation operates across multiple areas of the built environment, delivering construction services under its established brand.
The company is registered in England and Wales under company number 01988606 and holds active status on the Companies House register. Incorporated on 12 February 1986, GMI Construction Group PLC has been established for nearly four decades, with its registered office located at Middleton House, Westland Road, Leeds, LS11 5UH, placing it firmly within the Yorkshire business community.
Construction groups of this nature typically provide a broad range of services across the UK market, including commercial construction, civil engineering, design and build contracts, and project management. Such organisations work across sectors including retail, industrial, residential, healthcare, and education, delivering projects for both public and private sector clients.
With its roots in Yorkshire and its long-standing presence in the industry, GMI Construction Group PLC represents an established participant in the UK construction market, operating from its Leeds headquarters to serve clients across the region and beyond.