Their own payment-practices filing · gov.uk
Canary Wharf Contractors (1Bs) Limited paid suppliers in 26 days on average — inside its shortest stated term
Their H1 2024 filing put the average 9 days inside the shortest term they state (35 days).
- Their stated terms
- 35–56 days
- Paid outside agreed terms
- 0% of invoices
- Paid after 61+ days
- 0%
- Reporting period
- 1 Jan 2024 – 30 Jun 2024
- Source
- their gov.uk filing, filed 25 Jul 2024
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2024 filing
Paid 9 days inside the 35-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 12 reports
21 → 26 days — slower across the window
The read · computed from their figures
Canary Wharf Contractors (1Bs) Limited's H1 2024 filing put their average at 26 days against stated terms of 35–56 days; 0% of invoices were paid outside agreed terms and 0% took 61 days or longer. Filed 25 Jul 2024.
The direction is slower: from 21 days in H2 2021 to 26 now — 5 days slower across their last 6 reports.
That is 12 statutory periods on record (earliest H2 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
The standard payment periods referred to below for trade contracts and consultant appointments includes the time required for external project monitors to review and report to third party funders and for submissions for drawdowns to be requested and approved. The standard payment period in the company's standard form of trade contract is 35 days. The standard form trade contract is subject to the terms of the Housing Grants Construction & Regeneration Act 1996 (as amended). The date when a payment in respect of an interim application becomes due is 30 days after the monthly date specified for receipt of a contractor's interim application (or later receipt). The standard payment period in the company's standard form of consultant appointment is 35 days. The standard form consultant appo
Dispute resolution
CWCL cost managers work closely with contractors and suppliers to seek to agree valuations. Where a dispute does arise the cost manager will review the position and refer the matter to director level where appropriate. Whilst every effort is made to resolve payment disputes quickly, in the event a dispute cannot be resolved by agreement, the standard form trade contract and consultant appointment both include provision for referral to adjudication pursuant to the Housing Grants Construction & Regeneration Act 1996 (as amended).
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2024 | 26 | 0% | 0% | 25 Jul 2024 |
| H2 2023 | 30 | 0% | 0% | 29 Jan 2024 |
| H1 2023 | 24 | 0% | 0% | 21 Jul 2023 |
| H2 2022 | 30 | 2% | 2% | 20 Jan 2023 |
| H1 2022 | 22 | 0% | 0% | 29 Jul 2022 |
| H2 2021 | 21 | 0% | 0% | 31 Jan 2022 |
| H1 2021 | 15 | 11% | 4% | 29 Jul 2021 |
| H2 2020 | 20 | 5% | 0% | 26 Jan 2021 |
| H1 2020 | 20 | 3% | 0% | 29 Jul 2020 |
| H2 2019 | 21 | 3% | 1% | 29 Jan 2020 |
| H1 2019 | 19 | 0% | 0% | 26 Jul 2019 |
| H2 2018 | 22 | 2% | 2% | 31 Jan 2019 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 17 Sept 2015
- Registered office
- ONE CANADA SQUARE, LONDON, E14 5AB
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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-09782660 · latest period to 30 Jun 2024
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