Their own payment-practices filing · gov.uk

Cormac Solutions Limited pays suppliers in 25 days on average — within its stated 7–60 day terms

CRN 07737430 · Construction · 16 statutory reports on record · period to 31 Mar 2026

25daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 18 days past the shortest term they state (7 days), still within their 60-day upper term.

Faster than mostvs a 31-day median across 6,104 recent filers

Their stated terms: 7–60 days
Paid outside agreed terms: 9% of invoices
Paid after 61+ days: 1%
Reporting period: 1 Oct 2025 – 31 Mar 2026
Source: their gov.uk filing, filed 24 Apr 2026

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

Terms vs reality · their H1 2026 filing

Paid within their stated range — 25 against 7–60 days

PAIDLATE · terms vs the clockdays to pay · 0–65

avg 25d

0 days65 days

reported avg 25 days their filed terms 7–60 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 92% 31–60 days 7% 61+ days 1%

Source: their statutory Payment Practices Report #110759, period 1 Oct 2025 – 31 Mar 2026, filed 24 Apr 2026 · gov.uk payment-practices service

Cormac Solutions Limited pays within its stated range, 18 days past the shortest term. 9% of invoices still went outside agreed terms; 1% reached 61 days or more. Self-reported in their statutory H1 2026 filing.

The pattern · last 6 of 16 reports

30 → 25 days — getting faster

PAIDLATE · the patternavg days per report

Last 6 of 16 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

5 days faster across the window. From 30 days in H2 2023 to 25 in the H1 2026 filing; the dashed line marks the 7-day term they state.

The read · computed from their figures

Cormac Solutions Limited's H1 2026 filing puts their average at 25 days against stated terms of 7–60 days; 9% of invoices were paid outside agreed terms and 1% took 61 days or longer. Filed 24 Apr 2026.

The direction is faster: from 30 days in H2 2023 to 25 now — 5 days faster across their last 6 reports.

On the latest reported averages: Faster than 82% of the 394 large companies reporting in construction.

That is 16 statutory periods on record (earliest H2 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Payment code: Fair payment code Offers e-invoicing

In their own words · from the filing

Standard payment terms

Our standard payment terms are 90 days unless otherwise agreed.

Dispute resolution

We work closely with our suppliers and sub-contractors and aim to pay all invoices in a timely and accurate manner. Any disputes that arise are immediately brought to the attention of the Accounts Payable team, who will engage with all relevant stakeholders to ensure a speedy and satisfactory resolution. Any disputes arising that are not resolved are escalated through the management structure.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2026	25	9%	1%	24 Apr 2026
H2 2025	25	7%	0%	30 Oct 2025
H1 2025	26	8%	1%	30 Apr 2025
H2 2024	31	26%	2%	3 Dec 2024
H1 2024	27	14%	1%	1 May 2024
H2 2023	30	24%	2%	31 Oct 2023
H1 2023	39	42%	8%	5 Jun 2023
H2 2022	52	83%	26%	5 Jun 2023
H1 2022	32	51%	8%	20 Jun 2022
H2 2021	35	57%	9%	20 Jun 2022
H1 2021	33	57%	4%	16 Apr 2021
H2 2020	32	57%	4%	19 Oct 2020
H1 2020	32	52%	4%	30 Apr 2020
H2 2019	32	55%	5%	16 Oct 2019
H1 2019	37	64%	9%	23 Apr 2019
H2 2018	36	70%	5%	1 Nov 2018

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 11 Aug 2011
Registered office: WESTERN GROUP CENTRE RADNOR ROAD, REDRUTH, TR16 5EH

0 outstanding charges on the register Accounts due 31 Dec 2026

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 25-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 25-day vs a 7-day payment cycle.

≈ £10,000

of invoicing outstanding at any one time on a 25-day cycle — about £7,100 more than the same account would carry at 7-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 · Cormac Solutions Limited

Are they getting slower or faster?

Their reported average has moved about 5 days faster over the window (30 → 25 days).

What's their typical pay point?

Their latest filed report puts the average at day 25; across their last 6 reports it ranged 25–31 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 Cormac Solutions Limited (free)

Their next payment report is due ≈ 27 Oct 2026. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

More large companies in construction

Connect Plus (M25) Limited · Costain Engineering & Construction Limited · Concrete Repairs Limited · Costain Limited · Compco Fire Systems Limited · Costain Oil, Gas & Process 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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-07737430 · latest period to 31 Mar 2026

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.