R.G. Carter Construction Limited maintains an average payment time of 33 days, sitting just above the standard 30-day threshold. The bulk of payments fall within the 31-60 day bracket (46%), with a strong 51% paid within 30 days, suggesting a consistent pattern of near-term settlement rather than significant delays. Only 3% of payments exceed 60 days, indicating that extended late payment is rare rather than a systemic issue.
The 13% late payment rate introduces a moderate level of unpredictability, meaning suppliers should expect occasional delays beyond agreed terms on roughly one in eight invoices. The relatively tight clustering of payments between 0-60 days (97% combined) suggests low extreme-risk volatility, but the gap between the 30-day payment target and the 33-day average points to a mild but persistent tendency to slip past standard terms. Suppliers dependent on strict cash flow timing may find this inconsistency a manageable but noteworthy concern.
R.G. Carter Construction Limited presents a low-to-moderate payment risk profile, making them a broadly acceptable client for most suppliers, particularly those with some flexibility around the 30-day mark. The primary risk factor is the 13% late payment rate, which warrants clear contractual payment terms and proactive invoice follow-up as standard practice. Suppliers should consider building a short buffer into cash flow planning and may benefit from issuing payment reminders ahead of due dates to minimise the likelihood of falling into the late payment cohort.
| 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 | 33 | 51% | 46% | 3% | 13% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 32 | 57% | 40% | 3% | 16% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
R G Carter Construction standard payment terms for invoices are end of month following the date of the invoice. Invoices can therefore be paid between 30 and 60 days depending on the date of the invoice. For subcontractors, terms are according to the dates set out in the contract.
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
Central Transactional Finance staff liaise directly with suppliers to resolve invoice queries. In the event that a resolution cannot be made, the query is escalated to the relevant Manager to agree a solution.
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
R.G. Carter Construction Limited is a Norfolk-based construction company, registered at Drayton, Norwich. Companies House records its business under SIC codes for construction of commercial buildings and construction of domestic buildings, indicating it builds commercial and residential premises. The company files group accounts, with Rgcc Limited recorded as a person with significant control, suggesting it operates as part of a wider corporate group while the entity itself carries out construction work. It has been active since incorporation in November 1996 and continues to file confirmation statements and annual accounts, remaining an active company on the register.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk