| 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 | 30 Jul 2025 | 32 | 69% | 26% | 5% | 18% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 32 | 69% | 26% | 5% | 18% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 33 | 63% | 31% | 6% | 25% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 32 | 62% | 33% | 5% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 30 | 66% | 30% | 4% | 28% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 30 | 67% | 28% | 5% | 28% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 31 | 63% | 32% | 5% | 31% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 33 | 55% | 40% | 5% | 28% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 32 | 53% | 43% | 4% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 38 | 47% | 45% | 8% | 37% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 39 | 44% | 48% | 8% | 30% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 41 | 42% | 48% | 10% | 36% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 41 | 41% | 48% | 11% | 37% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 45 | 33% | 49% | 18% | 49% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are agreed with sub-contractors and suppliers as part of contract negotiations and to comply with any statutory and contractual requirements. The most frequently used payment terms in the reporting period for contracts relating to the supply of goods and services are 30 days and for contracts for the Supply of goods, a maximum of 55 days and 30 days when working on a qualifying publicly funded project.
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
55
BAM Construction and Ventures UK Ltd is committed to the proactive avoidance of disputes. We prioritise early dialogue and aim to resolve issues through direct engagement with the relevant sub-contractor or supplier. Regular discussions are held at senior management level with our key supply chain partners to maintain strong relationships and address matters promptly. Where a resolution cannot be reached through discussion, a range of formal dispute resolution options are available, including mediation, adjudication, expert determination, and litigation.
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
BAM CONSTRUCT & VENTURES UK LIMITED is a construction and development company based in the United Kingdom. They are committed to sustainability and have implemented various green initiatives in their operations.
Their sustainability program includes using sustainable building materials, reducing carbon emissions, and promoting sustainable practices throughout their supply chain. They also have a waste management system in place to minimize their environmental impact.
The company offers a wide range of construction services, including building, civil engineering, and facilities management. They have completed projects in various sectors such as residential, commercial, education, and healthcare.
The key people at BAM CONSTRUCT & VENTURES UK LIMITED include CEO Rob van Wingerden and Managing Director James Wimpenny. They both have extensive experience in the construction industry and are leading the company towards a sustainable future.
Their website address is www.bam.co.uk and their registered office address is 5 Churchill Place, Canary Wharf, London E14 5HU, United Kingdom. Customers can contact them through their website or by calling +44 (0)20 7194 5000.
In summary, BAM CONSTRUCT & VENTURES UK LIMITED is a sustainable construction and development company, offering a diverse range of services. With their commitment to sustainability and experienced leadership, they are a leading player in the UK construction industry.
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