BANCON GROUP LIMITED carries an average payment time of 36 days, sitting just outside the standard 30-day benchmark and indicating a consistent tendency toward slightly delayed settlement. The majority of payments (45%) fall within the 31–60 day band, suggesting a structural pattern of moderate lateness rather than occasional delays. Only 38% of payments are made within 30 days, meaning suppliers should not expect prompt payment as the norm.
With 17% of payments exceeding 60 days, there is a meaningful tail risk of significant delays that could strain supplier cash flow on a minority of invoices. The late payment rate of 11% adds further concern, indicating that a portion of payments breach agreed terms entirely rather than simply running slow. Overall predictability is moderate at best, as payment behaviour is spread across all three time bands, making cash flow forecasting more challenging for suppliers.
BANCON GROUP LIMITED presents a moderate payment risk profile, acceptable for suppliers with sufficient cash reserves but potentially problematic for those reliant on tight payment cycles. Suppliers should factor in an effective payment window of 36–45 days when planning liquidity, rather than assuming standard 30-day terms will be honoured. To mitigate risk, consider negotiating shorter contractual payment terms, applying early payment incentives, or requiring partial upfront payment on larger orders to offset exposure from the 17% over-60-day segment.
| 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 Oct 2025 - 31 Mar 2026 | 30 Apr 2026 | 36 | 38% | 45% | 17% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The payment terms adopted are for invoices to be settled in the end of month payment run following the month of the invoice. E.g. April invoice will be paid in the May end of month payment run which is paid to the supplier at the start of June. Alternative payment arrangement can be agreed between the supplier and the company but do not generally exceed 60 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
60
Disputed invoices will be communicated with the supplier through the appropriate department or individual involved. This will be investigated and resolved by the appropriate department and resolved in a timely manner. In respect of subcontractors, our commercial team will resolve the dispute directly with the subcontractor. Complaints from suppliers or subcontractors about payment are dealt with on an individual basis, these can be escalated to the finance director or managing director as appropriate.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Bancon Group Limited is a private limited company registered in Scotland. The company operates as a group structure, with the "Group" designation in its name indicating that it functions as a parent or holding entity overseeing a number of subsidiary businesses or operational divisions.
Bancon Group Limited was incorporated on 6 October 1975, giving the company a trading history of nearly five decades. The company is registered in Scotland under company number SC058713, with its registered office located at Burnett House, Burn O'Bennie Road, Banchory, Aberdeenshire, AB31 5ZU. The company's status is confirmed as active.
As a group company based in Aberdeenshire, Bancon Group Limited operates within the north-east of Scotland, a region with strong ties to the construction, housebuilding, and property development sectors. Group structures of this nature in the UK market typically provide centralised oversight, strategic direction, and resource allocation across their subsidiary companies and business interests.
With roots stretching back to 1975, Bancon Group Limited represents a well-established corporate presence in the Scottish business landscape. Its longevity and active status reflect a sustained operational history within the Aberdeenshire business community.