W.G.M (Engineering) Limited carries an average payment time of 43 days, sitting 13 days beyond the standard 30-day benchmark. The majority of payments (55%) fall within the 31-60 day window, indicating a consistent pattern of slightly delayed settlement rather than prompt payment. Only 36% of payments are made within 30 days, confirming that early or on-time payment is the exception rather than the norm for this company.
With 43% of all payments classified as late, W.G.M (Engineering) Limited presents a moderate-to-high reliability risk for suppliers dependent on predictable cash flow. A further 9% of payments exceed 60 days, suggesting a secondary tier of more serious delays that could periodically strain supplier liquidity. The spread across all three payment bands indicates inconsistent payment behaviour, making cash flow forecasting difficult when trading with this company.
W.G.M (Engineering) Limited represents a moderate payment risk, and suppliers should factor extended payment timelines into their financial planning before extending credit. It is advisable to set credit terms no shorter than 45-60 days and to consider reducing credit exposure limits to manage potential cash flow disruption. Suppliers may also benefit from implementing early payment incentives or requiring partial upfront payment to reduce the risk associated with the 43% 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 Oct 2025 - 31 Mar 2026 | 20 May 2026 | 43 | 36% | 55% | 9% | 43% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are agreed with subcontractors as part of subcontract negotiations. All other supplier payment terms vary depending on service / product being supplied
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
W.G.M (Engineering) Limited make every effort to pay suppliers as per agreed payment terms. Complaints and concerns will initially be addressed by the accounts payable or commercial teams. Any unresolved issues will be escalated to management where necessary. When it is not possible to reach agreement disputes may be settled by mediation, adjudication, arbitration or litigation.
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
W.G.M (Engineering) Limited is a private limited company operating within the engineering sector. The company's name reflects a focus on engineering activities, serving clients in accordance with the standards and practices of the UK engineering industry.
The company is registered in Scotland under company number SC099834 and has its registered office at 65 Sussex Street, Glasgow, Scotland, G41 1DX. Incorporated on 30 June 1986, W.G.M (Engineering) Limited has been an active business entity for nearly four decades.
Engineering companies of this type in the UK typically provide a range of technical services and solutions, which can encompass mechanical, electrical, or structural engineering disciplines. Such organisations support commercial, industrial, and infrastructure clients with specialist expertise and practical engineering capabilities.
With its long-standing presence since 1986 and active status, W.G.M (Engineering) Limited represents an established part of Scotland's engineering business community, operating from its base in Glasgow.