Their own payment-practices filing · gov.uk
Mclaren Construction (UK) Limited paid suppliers in 28 days on average — within its stated 7–42 day terms
Their H1 2024 filing put the average 21 days past the shortest term they state (7 days), still within their 42-day upper term.
- Their stated terms
- 7–42 days
- Paid outside agreed terms
- 15% of invoices
- Paid after 61+ days
- 4%
- Reporting period
- 1 Feb 2024 – 31 Jul 2024
- Source
- their gov.uk filing, filed 16 Jan 2025
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2024 filing
Paid within their stated range — 28 against 7–42 days
Where their invoices landed · share of all invoices
The pattern · last 6 of 14 reports
32 → 28 days — faster across the window
The read · computed from their figures
Mclaren Construction (UK) Limited's H1 2024 filing put their average at 28 days against stated terms of 7–42 days; 15% of invoices were paid outside agreed terms and 4% took 61 days or longer. Filed 16 Jan 2025.
The direction is faster: from 32 days in H1 2022 to 28 now — 4 days faster across their last 6 reports.
That is 14 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
Our standard terms vary due to the type of supply and are agreed as part of contract negotiations. Suppliers are predominantly paid on 30 days from the month end of invoice, whilst key consultants are paid on 7 day terms. Subcontractors, dependant on contract terms, are paid on 30, 35 or 42 day terms, following the date of assessment
Dispute resolution
There are two types of disputes: 1. Where the site team have not certified the valuation, the site team are tasked to speak with and resolve any differences with the Supply chain/Sub-contractor directly. 2. Where the site team have certified the works and are satisfied the supplier should be paid, there are instances where the Finance team require additional information like insurance details, VAT invoice, Self-billing agreements or CIS verification, in which case the Finance team would request and resolve these issues directly with the supplier.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2024 | 28 | 15% | 4% | 16 Jan 2025 |
| H1 2024 | 29 | 27% | 5% | 15 May 2024 |
| H1 2023 | 30 | 28% | 5% | 8 Jan 2024 |
| H1 2023 | 30 | 26% | 0% | 25 Apr 2023 |
| H1 2022 | 30 | 26% | 1% | 7 Dec 2022 |
| H1 2022 | 32 | 27% | 1% | 10 May 2022 |
| H1 2021 | 30 | 36% | 1% | 20 Oct 2021 |
| H1 2021 | 28 | 38% | 4% | 20 Apr 2021 |
| H1 2020 | 42 | 62% | 11% | 28 Aug 2020 |
| H1 2020 | 60 | 87% | 25% | 26 Mar 2020 |
| H1 2019 | 57 | 81% | 18% | 13 Sept 2019 |
| H1 2019 | 36 | 53% | 6% | 3 Mar 2019 |
| H1 2018 | 59 | 79% | 17% | 19 Sept 2018 |
| H1 2018 | 24 | 60% | 8% | 2 Mar 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 30 Jan 2001
- Registered office
- 11TH FLOOR 20 CHURCHILL PLACE, LONDON, E14 5HJ
Illustrative · working-capital arithmetic
What a 28-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 28-day vs a 7-day payment cycle.
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 · Mclaren Construction (UK) Limited
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How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
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-04150081 · latest period to 31 Jul 2024
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