R.J. MCLEOD (CONTRACTORS) LIMITED
Company Information
- Company Number
- SC028565
- Registered Address
- 2411 London Road, Glasgow, G32 8XT
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 18 October 1951
- Nature of Business
- 42110 - Construction of roads and motorways42130 - Construction of bridges and tunnels42910 - Construction of water projects42990 - Construction of other civil engineering projects not elsewhere classified
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
R.J. MCLEOD (CONTRACTORS) LIMITED demonstrates a primary trend of timely payments, with an average payment time of 27 days and 70% of invoices settled within 30 days. However, a significant minority of payments (27%) consistently fall into the 31-60 day range, indicating a persistent, albeit slower, payment stream for some invoices. A small but concerning 3% of payments extend beyond 60 days, suggesting a minor yet notable trajectory towards severely delayed settlements for a subset of transactions.
Volatility Analysis
The payment behavior exhibits moderate volatility; while 70% of payments are reliable within 30 days, the remaining 30% introduce an element of unpredictability for suppliers. Suppliers face a predictable risk of extended payment terms for nearly one-third of invoices, specifically that 27% will be paid between 31-60 days and 3% will be significantly delayed beyond 60 days. This necessitates robust cash flow planning for suppliers, as relying solely on prompt payment could lead to operational strain given the consistent pattern of late settlements for a material portion of transactions.
Summary Analysis
Overall, R.J. MCLEOD presents an acceptable payment profile for most suppliers given its sub-30-day average, but requires careful consideration for its 30% late payment rate. Suppliers should factor in the high probability of 27% of invoices settling between 31-60 days and 3% beyond 60 days when establishing credit terms and managing their cash flow. To mitigate risk, consider stricter payment terms for initial engagements, implement proactive follow-ups for invoices nearing 30 days, and assess if your margins can absorb potential payment delays.
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 | 22 May 2025 | 27 | 70% | 27% | 3% | 27% |
| 01 May 2024 - 31 Oct 2024 | 20 Nov 2024 | 30 | 56% | 40% | 4% | 32% |
| 01 Nov 2023 - 30 Apr 2024 | 30 May 2024 | 29 | 64% | 33% | 3% | 36% |
| 01 May 2023 - 31 Oct 2023 | 30 Nov 2023 | 29 | 61% | 36% | 3% | 25% |
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 29 | 68% | 29% | 3% | 22% |
| 01 Apr 2022 - 31 Oct 2022 | 25 Nov 2022 | 28 | 68% | 29% | 3% | 24% |
| 01 Nov 2021 - 30 Apr 2022 | 16 May 2022 | 30 | 61% | 36% | 3% | 25% |
| 01 May 2021 - 31 Oct 2021 | 24 Nov 2021 | 28 | 65% | 32% | 3% | 19% |
| 01 Nov 2020 - 30 Apr 2021 | 27 May 2021 | 29 | 59% | 38% | 3% | 21% |
| 01 May 2020 - 31 Oct 2020 | 01 Dec 2020 | 33 | 50% | 45% | 5% | 28% |
| 01 Nov 2019 - 30 Apr 2020 | 18 Jun 2020 | 31 | 56% | 39% | 5% | 13% |
| 01 May 2019 - 31 Oct 2019 | 06 Nov 2019 | 29 | 56% | 41% | 3% | 8% |
| 01 Nov 2018 - 30 Apr 2019 | 29 May 2019 | 35 | 36% | 57% | 7% | 2% |
| 01 May 2018 - 31 Oct 2018 | 19 Nov 2018 | 33 | 36% | 57% | 7% | 2% |
| 01 Nov 2017 - 30 Apr 2018 | 25 May 2018 | 38 | 33% | 59% | 8% | 3% |
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
We aim to pay in accordance with suppliers' terms for general goods and services. The standard length of time for payment of invoices is 30 days from end of month of invoice date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The standard contractual length of time for payment in construction contracts is 35 days from submission of valuation, but this is reduced to between 7 and 14 days for smaller labour only subcontractors.
Maximum contractual payment period agreed
75
Dispute Resolution Process
We aim to resolve disputes at a local level.
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
R.J. MCLEOD (CONTRACTORS) LIMITED is an active private limited company operating within the contracting sector. Its name signifies its specialisation in delivering various contracting services.
The company was incorporated on 18 October 1951 and is registered under company number SC028565. Its registered office is located at 2411 London Road, Glasgow, G32 8XT.
As a contracting company, R.J. MCLEOD (CONTRACTORS) LIMITED typically undertakes project-based work. This commonly involves services such as construction, civil engineering, building works, and comprehensive project management for clients across the UK market.
