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Their own payment-practices filing · gov.uk

Mcphillips (Wellington) Limited pays suppliers in 58 days on average — within its stated 30–365 day terms

CRN 00832117 · Construction · 16 statutory reports on record · period to 31 Mar 2026

58daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 28 days past the shortest term they state (30 days), still within their 365-day upper term.

Slower than mostvs a 31-day median across 6,104 recent filers
Their stated terms
30–365 days
Paid outside agreed terms
19% of invoices
Paid after 61+ days
21%
Reporting period
1 Oct 2025 – 31 Mar 2026
Source
their gov.uk filing, filed 1 Jul 2026

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H1 2026 filing

Paid within their stated range — 58 against 30–365 days

The pattern · last 6 of 16 reports

54 → 58 days — slowing down

The read · computed from their figures

Mcphillips (Wellington) Limited's H1 2026 filing puts their average at 58 days against stated terms of 30–365 days; 19% of invoices were paid outside agreed terms and 21% took 61 days or longer. Filed 1 Jul 2026.

The direction is slower: from 54 days in H2 2023 to 58 now — 4 days slower across their last 6 reports.

On the latest reported averages: Slower than 93% of the 394 large companies reporting in construction.

That is 16 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

12% of invoices in dispute

In their own words · from the filing

Standard payment terms

Standard payment terms are between 30 and 60 days (ie 30 days from date of statement) Retentions on sub-contract works are not due for a minimum of 365 days, ie upon completion of the defects period

Dispute resolution

Disputes dealt with in writing directly with the supplier concerned.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20265819%21%1 Jul 2026
H2 2025470%18%12 Jan 2026
H1 2025480%30%12 Jan 2026
H2 2024560%29%28 Apr 2025
H1 2024540%33%28 Apr 2025
H2 2023540%27%4 Mar 2024
H1 2023540%30%22 Jun 2023
H1 2022540%30%26 Apr 2022
H2 2021540%29%15 Oct 2021
H1 20215633%33%28 May 2021
H2 20205635%35%4 Dec 2020
H1 20205532%32%16 Apr 2020
H2 20195531%31%23 Oct 2019
H1 2019530%29%24 Apr 2019
H2 20185430%30%26 Oct 2018
H1 20185531%31%1 May 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
22 Dec 1964
Registered office
HORTON HOUSE, TELFORD, TF1 7FG
3 outstanding charges — secured borrowing registered Accounts due 30 Jun 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 58-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 58-day vs a 30-day payment cycle.

≈ £23,000
of invoicing outstanding at any one time on a 58-day cycle — about £11,000 more than the same account would carry at 30-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers · Mcphillips (Wellington) Limited

Are they getting slower or faster?
Their reported average has moved about 4 days slower over the window (54 → 58 days).
What's their typical pay point?
Their latest filed report puts the average at day 58; across their last 6 reports it ranged 47–58 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.
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How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-00832117 · latest period to 31 Mar 2026

Verify the original Companies House file

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