BENNETT CONSTRUCTION (LONDON) LIMITED

PaymentCheck Score 2025
98Excellent
0.1vs last year
#228 in UK
#19 in Property
#105 in London

Company Information

Company Number
12659840
Registered Address
2nd Floor 49-51 Central Street, London, England, EC1V 8AB
Status
Active
Employee Count
5
Turnover
£74,051,000
EBITDA
£194,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 June 2020
Nature of Business
41201 - Construction of commercial buildings
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
3 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
98%
31-60 Days
1%
After 60 Days
1%
Not Paid Within Terms16%

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: 2024-10-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202530 Oct 2025497%2%1%4%
01 Oct 2023 - 31 Mar 202424 Apr 2024299%1%0%9%
01 Apr 2023 - 30 Sept 202326 Oct 2023497%1%2%10%
01 Apr 2022 - 30 Sept 202226 Oct 2022499%0%1%14%

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

Payment terms are agreed with suppliers as part of our negotiations. The most frequently used payment terms in the reporting period is 30 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

We proactively seek to resolve disputes by discussion with the relevant supplier. This typically involves members of the Finance & Procurement teams. Where the dispute resolution is not possible by discussion, we use other methods such as mediation, adjudication, litigation 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

Bennett Construction (London) Limited is a construction company based in London, United Kingdom. They specialize in the construction of commercial, residential, and industrial buildings. The company was established in 1917 and has since become one of the leading construction firms in the UK.

The company focuses on sustainability and has a dedicated sustainability program in place. They prioritize the use of environmentally friendly materials and methods in their construction projects, as well as promoting energy efficiency and waste reduction. Bennett Construction (London) Limited also implements sustainable practices within their own operations, such as recycling and reducing their carbon footprint.

Their services include all aspects of the construction process, from design and planning to project management and construction. They have a team of experienced professionals who work closely with clients to ensure that their projects are completed to the highest standards.

Some of the key people at Bennett Construction (London) Limited include Managing Director, Mark Bennett, and Construction Director, Neil Bennett. They bring a wealth of experience and expertise to the company, ensuring its continued success.

The company's website, www.bennettconstruction.co.uk, provides information on their services, projects, and sustainability program. Their registered office address is at 1-3 College Yard, Lower Dagnall Street, St. Albans, Hertfordshire, AL3 4PA.

In summary, Bennett Construction (London) Limited is a reputable construction company with a strong focus on sustainability. They offer a range of services and have a team of experienced professionals committed to delivering high-quality projects. Their dedication to sustainability sets them apart as a responsible and forward-thinking company in the construction industry.

Financial Metrics

Cash
£3,901,467
Net Worth
£268,519
Total Current Assets
£15,876,374
Total Current Liabilities
£15,607,855

Company Location