Government legislation states that all large UK companies now have a duty to report on their payment policies, practices and performance. This means that if a company or LLP exceeds at least two of the following criteria then they must report their information within 30 days of each six month period (aligned with the company’s own key financial reporting dates, such as a year end).

  • £36m annual turnover
  • £18m balance sheet total
  • 250 employees

To help subcontractors better understand contractual risk, and to develop practices and processes which help them to get paid in full and on time, PJE International monitors and reports these results on a regular basis. What follows is a list of key main contractor companies who have reported new results in 2020.

Contractor Average time to pay % of Invoices not paid within agreed terms
MACE MACRO LIMITED 51 64
KIER PROPERTY DEVELOPMENTS LIMITED 25 58
INTERSERVE 58 58
MULTIPLEX CONSTRUCTION EUROPE LIMITED 55 47
ISG INTERIOR SERVICES GROUP UK LIMITED 57 46
AECOM LIMITED 34 44
ENIGMA INDUSTRIAL SERVICES LTD 58 42
BAM CONSTRUCT UK LIMITED 38 37
BALFOUR BEATTY GROUP LIMITED 41 31
JOHN SISK & SON LIMITED 32 30
BOUYGUES (U.K.) LIMITED 41 27
J. MURPHY & SONS LIMITED 25 24
GALLIFORD TRY CONSTRUCTION LIMITED 43 22
ENGIE BUILDINGS LIMITED 36 21
SIR ROBERT MCALPINE LIMITED 31 21
CANARY WHARF CONTRACTORS LIMITED 37 20
WATES PROPERTY SERVICES LIMITED 39 20
VISTRY PARTNERSHIPS LIMITED 42 20
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*Data as published on .gov.uk

Remember, if you are having difficulty resolving a payment dispute, our expert team can help you challenge unethical main contractor behaviour and protect the profitability of every job you take on.

Call 0116 367 6123 today and we’ll get to work restoring your cash flow and protecting your future.