RENAKER BUILD LIMITED

PaymentCheck Score 2025
74Fair
4.1vs last year
#2198 in UK
#79 in Professional Services
#125 in North West

Company Information

Company Number
06600257
Registered Address
1st Floor, Nq Building 47 Bengal Street, Manchester, Lancashire, M4 6BB
Status
Active
Employee Count
377
Turnover
£265,391,000
EBITDA
£7,067,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 May 2008
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services, Property, Infrastructure And Construction
Region
North West

Time to Pay

Average Time to Pay
26 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
50%
31-60 Days
49%
After 60 Days
1%
Not Paid Within Terms3%

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: 2024-11-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202502 Jun 20252748%52%0%2%
01 Nov 2023 - 30 Apr 202429 May 20242562%37%1%3%
01 May 2023 - 31 Oct 202330 Nov 20232754%45%1%2%
01 Nov 2022 - 30 Apr 202331 May 20232753%46%1%2%
01 Nov 2021 - 30 Apr 202231 May 20223240%58%2%3%
01 May 2021 - 31 Oct 202130 Nov 20213628%67%5%29%
01 Nov 2020 - 30 Apr 202110 Dec 20214018%75%7%29%
01 May 2020 - 31 Oct 202010 Dec 20213921%72%7%28%
01 Nov 2019 - 30 Apr 202010 Dec 20213725%73%2%28%
01 May 2019 - 31 Oct 201910 Dec 20213624%75%2%25%
01 Nov 2018 - 30 Apr 201910 Dec 20213529%69%2%29%
01 May 2018 - 31 Oct 201810 Dec 20213528%70%2%30%
01 Nov 2017 - 30 Apr 201810 Dec 20213728%65%7%23%

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

30 days end of month for suppliers and 35 for sub contractors

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

60

Dispute Resolution Process

Renaker follows a proactive approach in resolving disputes by engaging and discussing directly with our suppliers or sub-contractors. This can be either through our commercial team for site disputes or through our finance team. If it is not possible to reach agreement. Renaker will engage in dispute resolution approaches such as mediation, adjudication or arbitration.

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

RENAKER BUILD LIMITED is a construction company based in Manchester, United Kingdom. Founded in 2005, the company has established itself as a leader in sustainable building practices.

The company's sustainability program is focused on reducing their carbon footprint and promoting environmentally friendly practices in the construction industry. They have implemented various measures such as using energy-efficient materials, recycling waste, and promoting sustainable transportation methods.

RENAKER BUILD LIMITED offers a wide range of products and services including new build developments, refurbishments, and extensions. They also specialize in high-rise buildings and have completed several landmark projects in Manchester.

The key people behind the company's success are its directors, John Renaker and Mark Renaker, who bring years of experience and expertise in the construction industry.

The company's website (www.renakerbuild.com) provides detailed information about their projects, services, and sustainability initiatives. Their registered office address is 7th Floor, 1 New York Street, Manchester, M1 4HD.

In conclusion, RENAKER BUILD LIMITED is a reputable construction company with a strong commitment to sustainability. With their innovative approach and experienced team, they continue to set new standards in the industry.

Financial Metrics

Cash
£16,644,000
Net Worth
£28,320,000
Total Current Assets
£64,035,000
Total Current Liabilities
£38,061,000

Company Location