BUCKINGHAM GROUP CONTRACTING LIMITED

PaymentCheck Score 2022
62Fair
1.1vs last year
#3331 in UK
#336 in Property
#249 in North West

Company Information

Company Number
02181671
Registered Address
11th Floor Landmark St Peter's Square, 1 Oxford Street, Manchester, M1 4PB
Status
In Administration
Employee Count
658
Turnover
£665,300,000
EBITDA
-£11,122,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 October 1987
Nature of Business
41201 - Construction of commercial buildings
42110 - Construction of roads and motorways
42120 - Construction of railways and underground railways
42990 - Construction of other civil engineering projects not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
North West

Time to Pay

Average Time to Pay
39 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
37%
31-60 Days
58%
After 60 Days
5%
Not Paid Within Terms14%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202211 Aug 20223736%52%12%14%
01 Jul 2021 - 31 Dec 202130 Jan 20223638%50%12%14%
01 Jan 2021 - 30 Jun 202103 Aug 20214131%59%10%14%
01 Jan 2020 - 30 Jun 202028 Jul 20203836%46%18%24%
01 Jan 2018 - 30 Jun 201801 Aug 20184517%57%26%21%

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 most frequently used payment terms in the reporting period for the Rail Sector are 28 days and for the Construction Sector 45 days from period end

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

The company seeks to resolve disputes by discussing them directly with the relevant supplier. This involves communication with members of the accounts payable team, procurement and the commercial teams with escalation to senior management if necessary. In the rare instance where it is not possible to reach agreement, dispute resolution methods such as adjudication 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

BUCKINGHAM GROUP CONTRACTING LIMITED is a construction and civil engineering company based in the United Kingdom. They have been in operation for over 60 years and have established a strong reputation for delivering high-quality projects.

The company offers a wide range of services including design and build, civil engineering, building construction, and infrastructure works. They have worked on various projects such as stadiums, airports, rail infrastructure, and commercial buildings.

BUCKINGHAM GROUP CONTRACTING LIMITED is committed to sustainability and has implemented a sustainability program to reduce their environmental impact. They have achieved ISO 14001 certification for their environmental management system and have set targets to reduce their carbon emissions, waste generation, and water consumption.

The company's key people include Chairman and Managing Director Paul Wheeler, Chief Executive Marcus Worthington, and Commercial Director Mike Kehoe. They have a team of experienced professionals who are dedicated to delivering projects to the highest standards.

To get in touch with BUCKINGHAM GROUP CONTRACTING LIMITED, you can visit their website at www.buckinghamgroup.co.uk. Their registered office address is Buckingham Group Contracting Ltd, Silverstone Road, Stowe, Buckingham, MK18 5LJ. They also have multiple offices across the UK, including in London, Birmingham, and Manchester.

In summary, BUCKINGHAM GROUP CONTRACTING LIMITED is a reputable construction and civil engineering company in the UK, offering a variety of services and committed to sustainability. Their experienced team and high-quality projects make them a trusted choice for clients.

Financial Metrics

Cash
£76,843,000
Net Worth
£21,367,000
Total Current Assets
£204,787,000
Total Current Liabilities
£190,959,000

Company Location