RG CARTER CAMBRIDGE LIMITED
Company Information
- Company Number
- 03879910
- Registered Address
- 9-11 Drayton High Road, Drayton, Norwich, Norfolk, United Kingdom, NR8 6AH
- Status
- Active
- Employee Count
- 180.0
- Turnover
- 144082000.0
- EBITDA
- -4154000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 18 November 1999
- Nature of Business
- 41201 - Construction of commercial buildings$41202 - Construction of domestic buildings
- Industries
- Property,Infrastructure And Construction
- Region
- East of England
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 01 Feb 2024 | 31 | 57% | 39% | 4% | 54% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 36 | 55% | 40% | 5% | 33% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 34 | 52% | 44% | 5% | 22% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 35 | 48% | 46% | 6% | 38% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 31 | 56% | 39% | 5% | 32% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 36 | 48% | 43% | 9% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 36 | 61% | 32% | 7% | 13% |
| 01 Jan 2020 - 30 Jun 2020 | 03 Aug 2020 | 37 | 65% | 22% | 13% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 27 | 68% | 24% | 8% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 23 | 72% | 26% | 1% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 30 | 69% | 29% | 2% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 36 | 64% | 34% | 1% | 1% |
Company Summary
R.G
CARTER CAMBRIDGE LIMITED is a leading construction company based in Cambridge, United Kingdom
The company has been in operation for over 90 years and has established a strong reputation for delivering high-quality construction projects
The company's sustainability program is a key aspect of their operations, with a focus on reducing their environmental impact and promoting sustainable practices
They have implemented various initiatives, such as using sustainable materials and technologies, reducing waste and promoting energy efficiency
R.G
CARTER CAMBRIDGE LIMITED offers a wide range of construction services, including new builds, refurbishments, and renovations for both commercial and residential properties
They also specialize in heritage conservation and restoration projects, showcasing their commitment to preserving the local history and architecture
The company's key people include Robert Carter, the Chairman, and Richard Carter, the Managing Director
They are supported by a team of highly skilled and experienced professionals who are dedicated to providing exceptional service to their clients
For more information on R.G
CARTER CAMBRIDGE LIMITED and their services, their website address is www.rgcarter-construction.co.uk
Their registered office address is at 1 Elton Park Business Centre, Hadleigh Road, Ipswich, Suffolk, IP2 0DD, United Kingdom
Company Review
Trend Analysis
The data shows that R.G. CARTER CAMBRIDGE LIMITED has generally improved in their payment time over the past three periods, with the average time to pay decreasing from 36 days in 2018 to 31 days in 2023. They have also improved in paying their invoices within 30 days, increasing from 64% in 2018 to 57% in 2023. However, there has been a slight increase in the percentage of invoices paid later than 60 days, from 1% in 2018 to 4% in 2023.
Volatility Analysis
The data for R.G. CARTER CAMBRIDGE LIMITED shows some volatility in their payment patterns. While there has been a general trend of improvement, there are some periods where there was a significant increase in the percentage of invoices paid later than 60 days, such as in 2019 and 2023. This indicates that the company may struggle with consistency in their payment practices.
Summary Analysis
In the past three periods, R.G. CARTER CAMBRIDGE LIMITED has shown improvement in their invoice payment time. Their average time to pay has decreased from 36 days in 2018 to 31 days in 2023. They have also increased the percentage of invoices paid within 30 days from 64% in 2018 to 57% in 2023. However, there has been a slight increase in the percentage of invoices paid later than 60 days, from 1% in 2018 to 4% in 2023. The best period for the company was in 2019, where 72% of invoices were paid within 30 days. The worst period was in 2023, where 54% of invoices were not paid within agreed terms, indicating a potential issue with consistency in payment practices.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
R G Carter Cambridge Limited payment terms 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.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
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.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available