GLENCAR CONSTRUCTION LTD demonstrates a consistent payment trend, with an average settlement time of 34 days and 96% of invoices paid within 60 days. This indicates a predictable pattern where most payments extend slightly beyond typical 30-day terms but remain within a reasonable window.
Despite the majority paying within 60 days, a significant 29% of payments are classified as late, suggesting a moderate level of inconsistency in adhering to original invoice due dates. While only 4% of payments extend beyond 60 days, the high late percentage signals some unreliability in meeting payment terms promptly.
Suppliers should anticipate GLENCAR CONSTRUCTION LTD generally paying within 30-60 days, but must factor in the noticeable propensity for payments to be late against original terms. It is advisable to set payment expectations and perhaps extend standard terms to 45 days, or implement tighter credit monitoring to mitigate the risk associated with the high 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 Apr 2025 - 30 Sept 2025 | 07 Nov 2025 | 31 | 52% | 45% | 3% | 15% |
| 01 Oct 2024 - 31 Mar 2025 | 07 Nov 2025 | 34 | 54% | 42% | 4% | 18% |
| 01 Apr 2024 - 30 Sept 2024 | 07 Nov 2025 | 34 | 54% | 40% | 6% | 20% |
| 01 Oct 2023 - 31 Mar 2024 | 11 Jun 2024 | 35 | 47% | 49% | 4% | 29% |
| 01 Apr 2023 - 30 Sept 2023 | 11 Jun 2024 | 36 | 38% | 57% | 5% | 36% |
| 01 Oct 2022 - 31 Mar 2023 | 11 Jun 2024 | 37 | 46% | 49% | 5% | 33% |
| 01 Apr 2022 - 30 Sept 2022 | 11 Jun 2024 | 37 | 61% | 35% | 4% | 34% |
| 01 Oct 2021 - 31 Mar 2022 | 11 Jun 2024 | 34 | 55% | 41% | 4% | 29% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Supplier standard terms are 30 days, but vary from 7 days to 30 days EOM. Subcontractor standard terms are 35 days however this varies from contract to contract based on end client terms with us and can be as short as 14 days.
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
Supplier disputes should be raised with accounts@glencar.com who will liaise with the relevant teams in Glencar to resolve promptly. Subcontractor disputes should be raised as above or with the commercial team for the project.
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
GLENCAR CONSTRUCTION LTD is a private limited company operating within the construction industry in the UK.
Incorporated on 16 June 2015, the company is active with Company Number 09640283. Its registered office is Glencar House, 32-34 Upper Marlborough Road, St Albans, Herts, United Kingdom, AL1 3UU, situated in the East of England region.
Construction companies in the UK typically provide a range of services, including civil engineering, the building of new structures, and undertaking renovation or refurbishment projects. These organisations often specialise in commercial, industrial, or residential developments, managing projects from design through to completion.