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Their own payment-practices filing · gov.uk

How long does Bancroft Limited take to pay its suppliers?

CRN 02907123 · Construction · 17 statutory reports on record · period to 30 Jun 2026

57days
their reported average time to pay suppliers, latest period
Slower than mostvs a 31-day median across 6,185 recent filers

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

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
10 Mar 1994
Registered office
32 HARBOUR EXCHANGE SQUARE, LONDON, E14 9GE
1 outstanding charge — secured borrowing registered Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–91 days. Reported average: 57.

Stated terms7–91d
+50 days
Reported avg57d

At a glance

The key figures

7–91d
their stated terms
38%
invoices paid outside terms
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 92% of the 385 large companies reporting in construction.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 7d
55
57
57
61
58
57
H2 2023H1 2024H2 2024H1 2025H2 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 14% 31–60 days 48% 61+ days 38%

The read · computed from their figures

Bancroft Limited has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 57 days against stated terms of 7–91 days.

The pattern is steady — their reported average moves within about ±2 days period to period.

In the latest period 38% of invoices were paid outside their agreed terms, and 38% landed 61+ days out.

What they tell their suppliers

5% of invoices in dispute

In their own words · from the filing

Standard payment terms

The company has two standard payment terms in its orders. i) Subcontractor Orders. Per our standard terms and conditions subcontractors are paid by way of stage or periodic payments in respect of a relevant period stated in a Payment Register or when such dates are not stated every 31 days. The due date for payment of the stage payment will be that stated in the Payment Register or if none is stated one month (31 days) after the end of the relevant payment period or the receipt of an application for payment. In respect of the final payment under the contract not later than 10 months after PC the contractor shall issue a statement of the final contract sum. The due date for payment of the final amount is 2 months from the issue of the statement. The final date for any payment (i.e

Dispute resolution

1) Subcontract In the first instance any dispute should be raised with our Accounts Manager who will refer it to the Surveyor on the Project who will either directly instruct the Accounts Manager or will open a dialogue with the subcontractor. If the dispute cannot be resolved between the subcontractor and the surveyor it will be escalated to the Commercial Manager and failing that to the Commercial MD for resolution with the subcontractor. If none of these steps resolve the issue our standard terms require the dispute be resolved through adjudication except where the dispute is substantially the same as one being arbitrated between ourselves and the Main Contractor wherein the Contractor is entitled to join the subcontractor in the proceedings such that the dispute will be arbitrated.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20265738%38%24 Jul 2026
H2 20255845%40%30 Jan 2026
H1 20256148%48%29 Jul 2025
H2 20245726%32%29 Jan 2025
H1 20245731%34%26 Jul 2024
H2 20235522%30%26 Jan 2024
H1 20236828%35%27 Jul 2023
H2 20225425%27%26 Jan 2023
H1 20226231%31%29 Jul 2022
H2 20215740%31%28 Jan 2022
H1 20216336%44%29 Jul 2021
H2 20206134%40%27 Jan 2021
H1 20205530%35%27 Jul 2020
H2 20195427%28%29 Jan 2020
H1 20195726%35%30 Jul 2019
H2 20185426%36%29 Jan 2019
H1 20186236%48%24 Jul 2018

Working-capital effect

What a 57-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 57-day vs a 7-day payment cycle.

≈ £22,500
of invoicing outstanding at any one time on a 57-day cycle — about £19,700 more than the same account would carry at 7-day terms.

Late Payment Act. The Late Payment of Commercial Debts Act 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

Are they getting slower or faster?
Their reported average is steady — within about ±2 days period to period, around 57 days.
What's their typical pay point?
Their latest reports average around day 57, 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 Bancroft Limited (free)

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More large companies in construction

Bancon Homes Limited · Barhale Limited · Bancon Group Limited · Barnwood Limited · Bam Nuttall Limited · Barratt Developments P L C

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-02907123 · latest period to 30 Jun 2026

Verify the original Companies House file

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