FERROVIAL CONSTRUCTION (UK) LIMITED
Company Information
- Company Number
- 05779755
- Registered Address
- 3rd Floor Building 5 Chiswick Business Park, London, England, W4 5YF
- Status
- Active
- Employee Count
- 589
- Turnover
- £493,216,000
- EBITDA
- -£30,378,000
Additional Details
- Website
- https://ferrovial.com
- Company Type
- Private limited Company
- Incorporated On
- 12 April 2006
- Nature of Business
- 42110 - Construction of roads and motorways42120 - Construction of railways and underground railways42130 - Construction of bridges and tunnels42990 - Construction of other civil engineering projects not elsewhere classified
- Industries
- Property,Infrastructure And Construction,Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 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 - 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 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% |
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
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
Dispute Resolution Process
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.
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
FERROVIAL CONSTRUCTION (UK) LIMITED is a leading construction company based in the UK. They specialize in delivering innovative and sustainable solutions for infrastructure and building projects.
The company prides itself on its commitment to sustainability and has a comprehensive sustainability program in place. This includes reducing their carbon footprint, promoting waste reduction and recycling, and supporting local communities through various initiatives.
Their range of services includes construction, civil engineering, and project management. They have a strong track record of delivering complex projects on time and within budget. Some of their notable projects include the construction of the Heathrow Airport Terminal 2 and the London Crossrail project.
The key people at FERROVIAL CONSTRUCTION (UK) LIMITED include CEO Ignacio Clopes, who has over 20 years of experience in the construction industry, and Managing Director Federico Flórez, who has a background in civil engineering and has been with the company for over 10 years.
For more information on their services and projects, you can visit their website at https://www.ferrovial.com/en-gb/construction/. Their registered office address is Ferrovial Construction (UK) Limited, 16 Great Queen Street, London WC2B 5DG. You can also contact them via email at info@ferrovial.com or by phone at +44 (0) 207 557 8100.
