| 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 2023 - 30 Jun 2023 | 31 Jul 2023 | 39 | 37% | 58% | 5% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 46 | 31% | 55% | 14% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 11 Aug 2022 | 37 | 36% | 52% | 12% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 36 | 38% | 50% | 12% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 03 Aug 2021 | 41 | 31% | 59% | 10% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 39 | 37% | 46% | 17% | 25% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 38 | 36% | 46% | 18% | 24% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 43 | 16% | 61% | 23% | 21% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 43 | 17% | 59% | 24% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Aug 2018 | 45 | 17% | 57% | 26% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most frequently used payment terms in the reporting period was 45 days from month 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
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.
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
Buckingham Group Contracting Limited is a UK construction company, previously known as Buckingham Plant Hire (Contracting) Limited and, before that, Tourmaker Limited. Its registered activities cover the construction of commercial buildings, roads and motorways, railways and underground railways, and other civil engineering projects. The company was incorporated in October 1987. According to Companies House records, it is currently in administration, with accounts and confirmation statements overdue. No further detail is available on specific projects, clients or trading operations beyond these registered business classifications.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk