HIGHGROVE GROUP PLC posts an average payment time of 32 days, sitting just marginally above the standard 30-day benchmark. The majority of payments (56%) are settled within 30 days, while a significant 42% fall within the 31–60 day window, indicating a consistent pattern of slight delays rather than prompt settlement. The 2% of payments exceeding 60 days suggests that severely overdue payments are rare, but the overall trajectory points to a company that routinely stretches payment terms beyond the agreed period.
With 98% of all payments settled within 60 days, HIGHGROVE GROUP PLC demonstrates a broadly predictable payment profile with limited exposure to severe late payment risk. However, the reported 8% late payment rate introduces a degree of unreliability, as nearly 1 in 12 invoices is not honoured on time, which can create cash flow planning challenges for suppliers. The concentration of payments in the 31–60 day band (42%) suggests this delay pattern is structural rather than occasional, meaning suppliers should plan for payment timelines closer to 35–40 days as a realistic expectation.
HIGHGROVE GROUP PLC represents a moderate, manageable payment risk — suitable for engagement but requiring careful terms management. Suppliers should consider negotiating explicit 30-day payment terms in contracts and implementing early reminder processes at the 25-day mark to counter the tendency toward delayed settlement. For higher-value transactions, requesting partial upfront payment or shorter milestone-based invoicing cycles would further reduce exposure given the 8% late payment rate.
| 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 Oct 2025 - 31 Mar 2026 | 30 Apr 2026 | 32 | 56% | 42% | 2% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company operate a range of payment terms including 0 days, 7 days, 14 days, 30 days and 30 days EOM. Standard Supplier payment terms (excluding Subcontractors) are 30 days EOM Standard Subcontractor payment terms are 45 days from the end of the valuation period, although a variety of terms operate from 7 days, 14 days, 30 days and 30 days EOM and 45 days EOM.
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
45
All standard agreements set out a dispute resolution process but the company will always seek to avoid disputes by first discussing matters directly with the supplier. Invoice queries should be sent to accounts@gmi.co.uk. Subcontractor queries should in the first instance be directed to the relevant project team or commercial team and can also be sent to subcontract@gmi.co.uk. In the unlikely event that a resolution cannot be reached quickly then it will be escalated to director level.
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
Companies House records show that the entity on record as Highgrove Group Plc is now named GMI Construction Holdings Plc, indicating a formal rename rather than a separate business. Its registered activity is classified as 'activities of head offices', which points to a group holding function rather than direct trading operations. The company's current name suggests the wider group it heads operates within construction. It is registered in Leeds, was incorporated in November 2004, and remains an active company. The evidence available does not provide further detail on specific projects, turnover, or the operational scope of the wider group beyond confirming its head-office holding role.
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