Score of 84.4/100 qualifies for PaymentCheck Certification
| 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 | 24 | 78% | 18% | 4% | 14% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 21 | 81% | 16% | 3% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 23 | 77% | 20% | 3% | 12% |
| 01 Jan 2023 - 31 Dec 2023 | 29 Jan 2024 | 23 | 80% | 16% | 4% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 21 | 82% | 15% | 3% | 19% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 23 | 78% | 19% | 3% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 23 | 77% | 18% | 5% | 21% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 37 | 73% | 23% | 4% | 28% |
| 01 Jan 2021 - 30 Jun 2021 | 07 Jul 2021 | 21 | 81% | 14% | 5% | 18% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 19 | 84% | 11% | 5% | 15% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 19 | 80% | 15% | 5% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 28 | 72% | 18% | 10% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 32 | 69% | 17% | 14% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 34 | 71% | 12% | 17% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 31 | 65% | 17% | 18% | 34% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Ferrovial Construction (UK) Limited’s most frequently used payment terms are for construction contracts and these need to be compliant with the Housing Grants, Construction and Regeneration Act 1996 (the “Construction Act”). The period from the valuation to the payment due date for any payment by Ferrovial Construction (UK) Limited to its subcontractors and/or suppliers is generally 5 days with the final date for payment (as described in s110 of the Construction Act) being 30 days after the payment due date.
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
Ferrovial Construction (UK) Limited generally use the dispute resolution process which is compliant with the Construction Act which allows the parties to the contract to refer to adjudication at any time, whilst having the right to use mediation, arbitration and/or the courts as applicable.
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
Ferrovial Construction (UK) Limited is a UK-registered subsidiary within Ferrovial, a global infrastructure group. Companies House lists its business as the construction of roads and motorways, railways and underground railways, bridges and tunnels, and other civil engineering projects. It sits within Ferrovial's Construction business line, which the wider group describes as developing infrastructure projects and providing end-to-end technical, engineering and production capabilities supporting the group's highways, airports and energy concessions. The entity is registered at an office in Chiswick, London, and remains active, having been incorporated in 2006. Group-level activities such as highway concessions, airport operations and renewable energy development belong to the broader Ferrovial group rather than to this specific UK construction entity.
Generated from the company's website and Companies House records. Sources: ferrovial.com · ferrovial.com