C SPENCER LIMITED
Company Information
- Company Number
- 02334308
- Registered Address
- 1 Humber Quays, Wellington Street West, Hull, East Yorkshire, HU1 2BN
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 January 1989
- Nature of Business
- 42990 - Construction of other civil engineering projects not elsewhere classified
- Industries
- Coming Soon
- Region
- Yorkshire
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
C SPENCER LIMITED exhibits a consistent trend of delayed payments, with an average payment time of 43 days and 70% of invoices paid after 30 days. A significant 55% of payments are late, with nearly a quarter (22%) extending beyond 60 days, indicating a regular deviation from standard net-30 terms.
Volatility Analysis
The high 55% late payment rate introduces considerable unpredictability for on-time payment, directly impacting a supplier's cash flow consistency. Furthermore, 22% of payments exceeding 60 days demonstrates a material risk of significant delays for a portion of transactions, making working capital management challenging.
Summary Analysis
Suppliers should approach C SPENCER LIMITED with caution due to the consistent payment delays and high late payment percentage. It is recommended to establish strict payment terms, consider requesting partial upfront payments, or offer shorter credit windows to mitigate potential payment risks.
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 | 16 Oct 2025 | 43 | 30% | 48% | 22% | 55% |
| 01 Oct 2024 - 31 Mar 2025 | 05 Jun 2025 | 52 | 23% | 42% | 35% | 72% |
| 01 Apr 2024 - 30 Sept 2024 | 04 Nov 2024 | 51 | 22% | 46% | 32% | 59% |
| 01 Oct 2023 - 31 Mar 2024 | 03 Jul 2024 | 52 | 21% | 47% | 32% | 71% |
| 01 Apr 2023 - 30 Sept 2023 | 01 Nov 2023 | 60 | 14% | 37% | 49% | 86% |
| 01 Oct 2022 - 31 Mar 2023 | 01 Aug 2023 | 48 | 30% | 47% | 23% | 43% |
| 01 Apr 2022 - 30 Sept 2022 | 19 Oct 2022 | 53 | 21% | 51% | 28% | 35% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 49 | 26% | 52% | 22% | 50% |
| 01 Apr 2021 - 30 Sept 2021 | 18 Oct 2021 | 47 | 32% | 48% | 20% | 24% |
| 01 Oct 2020 - 31 Mar 2021 | 05 Oct 2021 | 52 | 24% | 48% | 29% | 55% |
| 01 Apr 2020 - 30 Sept 2020 | 14 Oct 2020 | 60 | 19% | 35% | 46% | 81% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 71 | 14% | 32% | 54% | 89% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 64 | 16% | 32% | 52% | 87% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 59 | 16% | 43% | 41% | 79% |
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
Standard payment terms are 30,45 and 60 days month end as agreed with the individual supplier. We embrace the various payment requirements of our clients and recognise the importance of prompt payments to our supply chain
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
Construction subcontracts include very specific formal methods of dispute resolution, these are detailed below showing the difference between JCT and NEC4 subcontracts, which are our two most used forms of subcontract. For JCT subcontractors, our formal dispute resolution process is for either party to be able to refer the dispute to adjudication. Further formal dispute resolution procedures will either be by litigation through the courts or alternatively by Arbitration, whichever has been mutually discussed and agreed between the parties, but with due regards to the underlying main contract in terms of potential ‘joinder’ provisions. In NEC subcontracts, the agreed specifics for dispute resolution are detailed in Subcontract Data Part One and procedurally within the NEC subcontract provisions. Similarly, on JCT subcontracts the agreed specifics for dispute resolution are detailed in Subcontract Particulars and procedurally within the JCT subcontract provisions. Without prejudice to the above formal dispute resolution procedures, most of our subcontracts also reference and incorporate more ‘informal’ dispute resolution processes with due regards towards minimising or mitigating disputes to the formal dispute resolution procedures via the use of subcontract provisions which initially promote the arrangement of a meeting between the parties respective ‘Senior Representatives’ and a further alternative to enable mediation between the parties to be considered before escalation to either litigation 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
C SPENCER LIMITED operates as an active private limited company
Based solely on its company name and type, the specific nature of its business activities is not detailed within the provided information
The company was incorporated on 11 January 1989, operating under company number 02334308
Its registered office is located at 1 Humber Quays, Wellington Street West, Hull, East Yorkshire, HU1 2BN, confirming its presence within Yorkshire
As a private limited company, C SPENCER LIMITED operates under a common UK business structure
This company type is widely utilised across the UK market to provide a diverse range of goods and services, encompassing virtually any commercial activity
