COLAS LIMITED
Company Information
- Company Number
- 02644726
- Registered Address
- 6210 Bishops Court Birmingham Business Park, Solihull Parkway, Birmingham, England, B37 7YB
- Status
- Active
- Employee Count
- 1,247
- Turnover
- £244,245,000
- EBITDA
- £395,000
Additional Details
- Website
- https://www.colas.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 11 September 1991
- Nature of Business
- 42110 - Construction of roads and motorways
- Industries
- Property,Infrastructure And Construction,Travel And Transportation
- Region
- West Midlands
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 | 31 Jul 2025 | 32 | 65% | 31% | 4% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 35 | 53% | 42% | 5% | 16% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Feb 2024 | 44 | 38% | 52% | 10% | 29% |
| 01 Jan 2023 - 30 Jun 2023 | 29 Feb 2024 | 34 | 44% | 50% | 6% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 72 | 9% | 48% | 43% | 86% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 44 | 20% | 70% | 10% | 79% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 49 | 18% | 65% | 17% | 75% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 36 | 48% | 44% | 8% | 68% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 35 | 46% | 48% | 6% | 13% |
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
Colas limited has standard payment terms of 45 days from receipt to invoice except SMEs for which payment term is 30 days. However payment terms were agreed with suppliers as part of contract negotiations.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
During 2024 Colas Limited implemented a no PO no Pay policy which ensures Purchase orders are raised in advance of services received so that invoices can be promptly matched on receipt. The implementation of the policy has led to a more prompt supplier payments and during the first half of 2025 Colas Limited has met its target to pay > 95% of its suppliers within 60 days.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Colas Limited actively seeks to resolve disputes by discussing them with the relevant suppliers, typically involving member of the accounts payable and accounts receivable departments and/or the procurement and commercial teams and / or where necessary members of management. However, where it is not possible to reach agreement, a number of potential dispute resolutions methods may be used. For example, mediation, adjudication, expert determination, litigation and / 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.
❌
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
COLAS LIMITED is a leading international company in the construction and maintenance of transport infrastructure. They specialize in road and rail projects, as well as urban development and airport construction.
As a company committed to sustainability, COLAS LIMITED has implemented a strong sustainability program to ensure that their activities have a positive impact on the environment. This includes reducing their carbon footprint, promoting the use of recycled materials, and implementing eco-friendly construction techniques.
Their product and service offerings include road surfacing, asphalt production, traffic management, and railway maintenance. They also provide consulting services for project management, design, and engineering.
The key people at COLAS LIMITED include their CEO, Olivier Peyrat, and their Chairman, Hervé Le Bouc. They are supported by a team of experienced professionals who are dedicated to delivering high-quality projects and maintaining the company's sustainability goals.
For more information on their services and sustainability program, interested individuals can visit their website at www.colas.co.uk. The registered office address for COLAS LIMITED is Colas House, 35 Cowley Mill Road, Uxbridge, Middlesex, UB8 2QD, United Kingdom.
