Ranked in 3 industries
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The average time taken for GALLIFORD TRY CONSTRUCTION LIMITED to pay invoices has decreased steadily over the past three periods, from 49 days in the period of July 2017 - December 2017 to 25 days in the period of July 2023 - December 2023. This represents a decrease of 49.0% over the three periods. The percentage of invoices paid within 30 days has also steadily increased from 39% in July 2017 - December 2017 to 62% in July 2023 - December 2023. This represents an increase of 59.0% over the three periods.
The volatility of GALLIFORD TRY CONSTRUCTION LIMITED's payment process has also decreased over the past three periods. The percentage of invoices paid later than 60 days has decreased from 27% in July 2017 - December 2017 to 3% in July 2023 - December 2023. This represents a decrease of 88.9% over the three periods.
The average time taken for GALLIFORD TRY CONSTRUCTION LIMITED to pay invoices has decreased steadily over the past three periods, with a decrease of 49.0% from July 2017 - December 2017 to July 2023 - December 2023. The percentage of invoices paid within 30 days has also steadily increased over the past three periods, with an increase of 59.0% from July 2017 - December 2017 to July 2023 - December 2023.
| 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 Jul 2025 - 31 Dec 2025 | 30 Jan 2026 | 31 | 49% | 48% | 3% | 11% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 28 | 49% | 48% | 3% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 27 | 51% | 46% | 3% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 29 | 54% | 41% | 5% | 14% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 25 | 62% | 35% | 3% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 26 | 61% | 38% | 1% | 10% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 26 | 59% | 40% | 1% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 25 | 58% | 40% | 2% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 28 | 53% | 45% | 2% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 38 | 39% | 56% | 5% | 10% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 41 | 39% | 53% | 8% | 13% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 42 | 36% | 53% | 11% | 19% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 43 | 38% | 47% | 15% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 54 | 37% | 34% | 29% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 50 | 38% | 37% | 25% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 47 | 37% | 38% | 25% | 26% |
| 01 Jul 2017 - 31 Dec 2017 | 30 Jan 2018 | 49 | 39% | 34% | 27% | 33% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Purchase Ledger (supplier payments) - Payment unless stated otherwise in the Purchase Order will be made 45 days (30 days for small suppliers) after the date of a valid invoice bearing the Purchaser's Purchase Order number provided the Goods have been delivered and all requisite contract documentation submitted in accordance with the Contract prior to receipt of the said invoice. Sub-contract Ledger - Our standard payment terms are variable and between 30 and 45 days from the measured-to-date dependent on the subcontract agreement Where obligated by our clients we pass down the client contract payment terms in our subcontract agreements.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The statistical information provided includes payments to both purchase ledger and sub-contract suppliers.
Maximum contractual payment period agreed
45
Galliford Try is committed to fair dealing with all of its supply chain members, and transparency and swift resolution of disputed items are key principles in this process. Galliford Try has dedicated teams, based at the Shared Service Centre, for dealing with supplier queries and old invoices. The Reconciliations Team responsible for; • Formal supplier statement reconciliation, requesting copies of POD’s, invoices and credit notes where differences are identified The Calls and Supplier Debt Teams responsible for; • Working with Business units/suppliers to clear invoices on hold and aged invoices
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
Galliford Try Construction Limited is a subsidiary within the Galliford Try group, a UK construction business listed on the London Stock Exchange. The group works across sectors including education, defence, health, custodial and judicial, residential, commercial and infrastructure projects, delivering buildings and infrastructure for communities nationwide. Its registered SIC classification covers construction of commercial buildings. The wider group reports significant annual revenue, an order book running into billions of pounds, and employs thousands of staff across the UK, operating under brands within the Galliford Try group. This entity forms part of that construction group's operating structure, contributing to project delivery rather than functioning as the parent or holding company itself.
Generated from the company's website and Companies House records. Sources: gallifordtry.co.uk · gallifordtry.co.uk