Ranked in 5 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 | 29 Jan 2026 | 34 | 52% | 44% | 4% | 22% |
| 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 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 35 | 46% | 47% | 7% | 24% |
| 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 2021 - 30 Jun 2021 | 21 Jul 2021 | 46 | 18% | 73% | 9% | 78% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 49 | 18% | 65% | 17% | 75% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | 40 | 36% | 56% | 8% | 33% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 36 | 48% | 44% | 8% | 68% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 35 | 44% | 50% | 6% | 37% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 35 | 46% | 48% | 6% | 13% |
This information is as reported by the business, and responses are in their own words.
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 2025 Colas Limited has met its target to pay > 95% of its suppliers within 60 days.
Maximum contractual payment period agreed
60
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.
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
Colas Limited, trading as Colas UK, is an infrastructure contractor designing, constructing and maintaining highway, aviation and defence infrastructure across the UK and internationally. Its activities span road construction and maintenance, surfacing products, and mechanical services, covering the full lifecycle from investment and design through to project delivery and aftercare for public and private sector clients. The company is part of the International Colas Group, which provides access to global research and development facilities and shared expertise. Colas Limited's own history dates back to 1922, and it has operated in the UK since incorporation in 1991. It serves the UK's transport infrastructure sector, working on projects for the strategic road network and related public works.
Generated from the company's website and Companies House records. Sources: colas.co.uk · colas.co.uk