KIER CONSTRUCTION LIMITED
Company Information
- Company Number
- 02099533
- Registered Address
- 2nd Floor, Optimum House, Clippers Quay, Salford, England, M50 3XP
- Status
- Active
- Employee Count
- 2,269
- Turnover
- £1,583,449,000
- EBITDA
- £20,933,000
Additional Details
- Website
- https://kier.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 12 February 1987
- Nature of Business
- 41201 - Construction of commercial buildings42130 - Construction of bridges and tunnels42990 - Construction of other civil engineering projects 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 | 34 | 41% | 56% | 3% | 19% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 32 | 44% | 53% | 3% | 17% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 32 | 59% | 36% | 5% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 32 | 53% | 38% | 9% | 24% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 31 | 66% | 24% | 10% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 34 | 60% | 30% | 10% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 37 | 51% | 33% | 16% | 37% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 54 | 30% | 36% | 34% | 48% |
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. Terms vary from 7 days from invoice received date (IRD) to 60 days from IRD; the most common payment term is 60 days from IRD.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Kier Construction Limited is a proud signatory of the Prompt Payment Code and committed to meeting the targets and guidance provided as part of this Code. Kier Construction Limited has invested significant resource in governance, systems and process improvements to improve payment to terms of its valued supply chain partners. Per guidance from the Prompt Payment Code, Kier Construction Limited is committed to payment of all compliant invoices provided by suppliers deemed small companies (having less than 50 employees) within 30 days; these also form part of Kier Construction Limited commitments to the frameworks and contracts entered into where standard payment terms are 30 days or less. Changes have been made to core systems to identify companies within this category for Code reporting purposes while management focus continues on improving payment experiences for all suppliers.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Kier Construction 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, Kier Construction 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
KIER CONSTRUCTION LIMITED is a construction company based in the United Kingdom. They specialize in a variety of construction projects, including building and civil engineering, infrastructure, and property development. The company was founded in 1928 and has since grown to become one of the leading construction firms in the UK.
Sustainability is a key focus for KIER CONSTRUCTION LIMITED, and they have implemented a comprehensive sustainability program to reduce their environmental impact. They are committed to reducing their carbon emissions, waste production, and water consumption, as well as promoting sustainable sourcing and responsible construction practices.
In terms of products and services, KIER CONSTRUCTION LIMITED offers a wide range of construction services, including design, project management, construction, and maintenance. They also have a strong focus on innovation and use of technology in their projects, to ensure the highest quality and efficiency.
The key people at KIER CONSTRUCTION LIMITED include CEO Andrew Davies and Chairman Philip Cox. They have a team of experienced and skilled professionals who are committed to delivering exceptional results for their clients.
To get in touch with KIER CONSTRUCTION LIMITED, their website address is www.kier.co.uk and their registered office address is Tempsford Hall, Sandy, Bedfordshire, SG19 2BD, UK. They also have multiple offices and sites across the UK, making them easily accessible for clients. In summary, KIER CONSTRUCTION LIMITED is a reputable construction company with a strong focus on sustainability, offering a wide range of services and led by a dedicated team of professionals.
