Their own payment-practices filing · gov.uk

How long does Costain Engineering & Construction Limited take to pay its suppliers?

CRN 02440829 · Construction · 11 statutory reports on record · period to 30 Jun 2023

18days

their reported average time to pay suppliers, latest period

Faster than mostvs a 31-day median across 6,185 recent filers

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

Dated record. The latest report covers a period ending 30 Jun 2023 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 7 Nov 1989
Registered office: SEVENTH FLOOR, LONDON, EC3A 8BE

2 outstanding charges — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 21–45 days. Reported average: 18.

Stated terms21–45d

-3 days

Reported avg18d

At a glance

The key figures

21–45d

their stated terms

invoices paid outside terms

-14d

faster over the window

±2d

steady pattern

Vs peers · latest reported averages

fasterslower

Faster than 94% of the 385 large companies reporting in construction.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 21d

H2 2020H1 2021H2 2021H1 2022H2 2022H1 2023

Where their supplier invoices land · latest period

within 30 days 89% 31–60 days 10% 61+ days 1%

The read · computed from their figures

Costain Engineering & Construction Limited has filed 11 statutory payment periods (earliest H1 2018). Their latest report puts the average at 18 days against stated terms of 21–45 days.

The direction is faster: from 32 to 18 days over the window — about 14 days faster.

In the latest period 9% of invoices were paid outside their agreed terms, and 1% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Costain Engineering & Construction Limited is a holding and services company within the Costain Group. The administration of the few suppliers it engages is handled by a fellow subsidiary, Costain Limited. Terms are agreed with suppliers as part of contract negotiations.

Dispute resolution

Costain Engineering & Construction Limited actively seeks to resolve disputes by discussing them with the relevant supplier(s), generally involving members of the accounts or accounts payable team; where necessary, members of management will be involved.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2023	18	9%	1%	27 Jul 2023
H2 2022	19	9%	2%	31 Jan 2023
H1 2022	19	12%	2%	28 Jul 2022
H2 2021	21	13%	3%	27 Jan 2022
H1 2021	25	19%	5%	28 Jul 2021
H2 2020	32	26%	9%	28 Jan 2021
H1 2020	38	32%	10%	30 Jul 2020
H2 2019	32	28%	7%	28 Jan 2020
H1 2019	36	39%	16%	29 Jul 2019
H2 2018	58	64%	32%	30 Jan 2019
H1 2018	60	68%	28%	31 Jul 2018

Quick answers

Are they getting slower or faster?

Their reported average has moved about 14 days faster over the window (32 → 18 days).

What's their typical pay point?

Their latest reports average around day 18, moving within about ±2 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.

Stay ahead

Watch Costain Engineering & Construction Limited (free)

Their next payment report is due ≈ 26 Jan 2024. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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More large companies in construction

Cormac Solutions Limited · Costain Limited · Connect Plus (M25) Limited · Costain Oil, Gas & Process Limited · Concrete Repairs Limited · Countryside Properties (UK) Limited

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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-02440829 · latest period to 30 Jun 2023

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