WINVIC CONSTRUCTION LIMITED

PaymentCheck Score 2025
73Fair
3.3vs last year
#2233 in UK
#213 in Property
#74 in East Midlands

Company Information

Company Number
04135363
Registered Address
Brampton House, 19 Tenter Road, Moulton Park, Northampton, NN3 6PZ
Status
Active
Employee Count
537
Turnover
£1,217,423,000
EBITDA
£11,413,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 January 2001
Nature of Business
41201 - Construction of commercial buildings
Industries
Property,Infrastructure And Construction
Region
East Midlands

Time to Pay

Average Time to Pay
30 days
Shortest Period:14 days
Longest Period:40 days
Max Contractual:40 days

Payment Timeline

Within 30 Days
62%
31-60 Days
33%
After 60 Days
5%
Not Paid Within Terms11%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-12-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Feb 2025 - 31 Jul 202529 Aug 20253360%30%10%15%
01 Feb 2024 - 31 Jul 202411 Dec 20243062%33%5%11%
01 Feb 2022 - 31 Jul 202231 Aug 20223845%49%6%11%
01 Aug 2021 - 31 Jan 202202 Mar 20224044%48%8%11%
01 Feb 2021 - 31 Jul 202125 Aug 20213837%59%4%6%
01 Aug 2020 - 31 Jan 202103 Mar 20213738%59%3%14%
01 Feb 2020 - 31 Jul 202001 Sept 20203738%57%3%15%
01 Aug 2019 - 31 Jan 202028 Feb 20203542%53%3%15%
01 Aug 2018 - 31 Jan 201901 Mar 20193446%50%2%14%

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

Our shortest payment terms are 14 days from date of invoice. Most of our suppliers are on standard terms of end of month following month of invoice. Our subcontractor standard terms are 40 day.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

We are continuing to work closely with our supply chain and sites to reduce the number of queries we have on outstanding invoices. This involves having regular meetings with our supply chain and working with them to ensure they do not issue any goods to our sites without a correct purchase order enabling quicker payment.

Maximum contractual payment period agreed

40

Dispute Resolution Process

Every effort is made to avoid disputes. In the unlikely event of a subcontractor dispute, which is not resolved using the process below, the adjudication option is included within the subcontractor order. Suppliers/ Subcontractors are informed of any disputes directly by the project team or commercial team. Every effort is taken to resolve these disputes quickly. In the unlikely event of no resolution by the people directly involved then it will be escalated to the line manager up to Director level.

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

WINVIC CONSTRUCTION LIMITED is a leading construction company based in the UK. They specialize in providing innovative and sustainable solutions for various construction projects across multiple sectors.

The company's sustainability program is a key aspect of their operations, with a commitment to minimizing their environmental impact and promoting sustainable practices. They have implemented various initiatives such as waste reduction, energy efficiency, and using sustainable materials in their construction projects.

WINVIC offers a wide range of products and services, including design and build, project management, and construction management. They have a team of experienced and skilled professionals who work closely with clients to deliver high-quality results within budget and on time.

Key people in WINVIC include Mark Jones, the Managing Director, who has been with the company for over 25 years, and Karen Smith, the Head of Sustainability and Environment. They have a strong leadership team with a wealth of experience in the construction industry.

The company's website, www.winvic.co.uk, provides detailed information on their services, projects, and sustainability initiatives. Their registered office is located at 3rd Floor, 1 New York Street, Manchester, M1 4HD, United Kingdom.

In summary, WINVIC CONSTRUCTION LIMITED is a reputable construction company with a strong focus on sustainability. They offer a wide range of services, led by a knowledgeable team, and have a commitment to delivering high-quality results while minimizing their environmental impact.

Financial Metrics

Cash
£104,872,000
Net Worth
£45,604,000
Total Current Assets
£299,687,000
Total Current Liabilities
£259,215,000

Company Location