GALLIFORD TRY INFRASTRUCTURE LIMITED
Company Information
- Company Number
- SC055775
- Registered Address
- PO BOX 17452 2 Lochside View, Edinburgh, United Kingdom, EH12 1LB
- Status
- Active
- Employee Count
- 1,015
- Turnover
- £306,592,000
- EBITDA
- £123,000
Additional Details
- Website
- https://gallifordtry.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 5 June 1974
- Nature of Business
- 41201 - Construction of commercial buildings
- Industries
- Property,Infrastructure And Construction
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows a general trend of improvement in the average time taken by GALLIFORD TRY INFRASTRUCTURE LIMITED to pay invoices to suppliers. From 2017 to 2024, the average time taken decreased from 38 to 21 days. This indicates that the company is becoming more efficient in its payment processes.
Volatility Analysis
The data also shows a trend of decreasing volatility in the percentage of invoices paid within 30 days. This percentage remained relatively stable between 46% and 52% from 2017 to 2024, with only minor fluctuations. This suggests that the company has been consistently meeting its payment obligations within 30 days.
Summary Analysis
The data for GALLIFORD TRY INFRASTRUCTURE LIMITED shows a consistent improvement in the average time taken to pay invoices to suppliers from 2017 to 2024. The company has also shown a steady trend in paying a high percentage of invoices within 30 days, with only minor fluctuations. However, there has been a slight increase in the percentage of invoices paid later than 60 days in the most recent period (2023-2024). This could be an area of improvement for the company.
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 23 | 68% | 29% | 3% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 24 | 62% | 35% | 3% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 23 | 64% | 34% | 2% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 21 | 67% | 30% | 3% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 21 | 67% | 31% | 2% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 34 | 52% | 41% | 7% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 35 | 51% | 41% | 8% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 36 | 45% | 45% | 10% | 14% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 37 | 46% | 41% | 13% | 17% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 48 | 42% | 30% | 28% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 45 | 45% | 32% | 23% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 39 | 46% | 33% | 21% | 25% |
| 01 Jul 2017 - 31 Dec 2017 | 30 Jan 2018 | 38 | 49% | 30% | 21% | 28% |
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
Purchase Ledger (supplier payments) - Payment unless stated otherwise in the Purchase Order will be made 45 days (30 days for small suppliers) after the date of a valid invoice bearing the Purchaser's Purchase Order number provided the Goods have been delivered and all requisite contract documentation submitted in accordance with the Contract prior to receipt of the said invoice. Sub-contract Ledger - Our standard payment terms are variable and between 30 and 45 days from the measured to date dependent on the subcontract agreement Where obligated by our clients we pass down the client contract payment terms in our subcontract agreements.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
The statistical information provided includes payments to both purchase ledger and sub-contract suppliers. Payments in the 6 months to 31/12/2023 for identifiable supplier companies with under 50 employees (previous 6 months in brackets): 30 Days or Less % of Total: 77% (78%) 31 to 60 Days % of Total : 18% (18%) After 60 Days % of Total : 5% (4%) Avg Days to Pay : 28 (29) During this reporting period the Company implemented a new ERP system. As predicted, this has had a short-term negative impact on our supply chain payment performance and is expected to continue do so at least into the next DRPPP reporting period. In particular, this prevented further improvement in relation to <30 day payments to smaller suppliers. Despite the ERP implementation, average days to pay reduced in the 6 month period to 23 days.
Maximum contractual payment period agreed
45
Dispute Resolution Process
Galliford Try is committed to fair dealing with all of its supply chain members, and transparency and swift resolution of disputed items are key principles in this process. Galliford Try has dedicated teams, based at the Shared Service Centre, for dealing with supplier queries and old invoices. The Reconciliations Team responsible for; • Formal supplier statement reconciliation, requesting copies of POD’s, invoices and credit notes where differences are identified The Calls and Supplier Debt Teams responsible for; • Working with Business units/suppliers to clear invoices on hold and aged invoices
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
Galliford Try Infrastructure Limited is a leading construction and infrastructure company based in the United Kingdom. The company provides a wide range of services including building, civil engineering, and environmental works.
One of the key focuses of the company is sustainability, and they have a strong sustainability program in place. This includes implementing sustainable practices in their operations, such as reducing waste and carbon emissions, using renewable energy sources, and promoting biodiversity.
In terms of products and services, Galliford Try Infrastructure Limited offers a variety of solutions for both public and private sector clients. These include construction and maintenance of roads, railways, and utilities, as well as building and refurbishing commercial, residential, and educational facilities.
The company is led by a team of experienced and knowledgeable individuals, including the CEO, Bill Hocking, and the Executive Director, Greg Fitzgerald. They are committed to driving the company's growth and success while upholding its values of integrity, teamwork, and excellence.
To get in touch with Galliford Try Infrastructure Limited, interested parties can visit their website at www.gallifordtry.co.uk or contact their registered office at Cowley Business Park, High Street, Uxbridge, Middlesex, UB8 2AL. Overall, the company is dedicated to delivering high-quality and sustainable infrastructure projects for the benefit of both their clients and the environment.
