RENAKER BUILD LIMITED
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
- Website
- https://renaker.com/
- 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
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 Nov 2024 - 30 Apr 2025 | 02 Jun 2025 | 27 | 48% | 52% | 0% | 2% |
| 01 Nov 2023 - 30 Apr 2024 | 29 May 2024 | 25 | 62% | 37% | 1% | 3% |
| 01 May 2023 - 31 Oct 2023 | 30 Nov 2023 | 27 | 54% | 45% | 1% | 2% |
| 01 Nov 2022 - 30 Apr 2023 | 31 May 2023 | 27 | 53% | 46% | 1% | 2% |
| 01 Nov 2021 - 30 Apr 2022 | 31 May 2022 | 32 | 40% | 58% | 2% | 3% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 36 | 28% | 67% | 5% | 29% |
| 01 Nov 2020 - 30 Apr 2021 | 10 Dec 2021 | 40 | 18% | 75% | 7% | 29% |
| 01 May 2020 - 31 Oct 2020 | 10 Dec 2021 | 39 | 21% | 72% | 7% | 28% |
| 01 Nov 2019 - 30 Apr 2020 | 10 Dec 2021 | 37 | 25% | 73% | 2% | 28% |
| 01 May 2019 - 31 Oct 2019 | 10 Dec 2021 | 36 | 24% | 75% | 2% | 25% |
| 01 Nov 2018 - 30 Apr 2019 | 10 Dec 2021 | 35 | 29% | 69% | 2% | 29% |
| 01 May 2018 - 31 Oct 2018 | 10 Dec 2021 | 35 | 28% | 70% | 2% | 30% |
| 01 Nov 2017 - 30 Apr 2018 | 10 Dec 2021 | 37 | 28% | 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.