Their own payment-practices filing · gov.uk
Bancon Homes Limited pays suppliers in 48 days on average — 18 days past its stated terms
Their H1 2026 filing puts the average 18 days past the 30-day term they state.
- Their stated terms
- 30 days
- Paid outside agreed terms
- 12% of invoices
- Paid after 61+ days
- 24%
- Reporting period
- 1 Oct 2025 – 31 Mar 2026
- Source
- their gov.uk filing, filed 30 Apr 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2026 filing
Paid 18 days past their stated terms
Where their invoices landed · share of all invoices
The read · computed from their figures
Bancon Homes Limited's H1 2026 filing puts their average at 48 days against stated terms of 30 days; 12% of invoices were paid outside agreed terms and 24% took 61 days or longer. Filed 30 Apr 2026.
On the latest reported averages: Slower than 83% of the 394 large companies reporting in construction.
That is 2 statutory periods on record (earliest H2 2025) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
The payment terms adopted are for invoices to be settled in the end of month payment run following the month of the invoice. E.g. April invoice will be paid in the May end of month payment run which is paid to the supplier at the start of June. Alternative payment arrangement can be agreed between the supplier and the company but do not generally exceed 60 days. A payment timetable is agreed for all subcontractors with the subcontractor stating the date by which applications should be received by the company and the payment date agreed, generally these are all 30 or 45 day payment terms.
Dispute resolution
Disputed invoices will be communicated with the supplier through the appropriate department or individual involved. This will be investigated and resolved by the appropriate department and resolved in a timely manner. In respect of subcontractors, our commercial team will resolve the dispute directly with the subcontractor. Complaints from suppliers or subcontractors about payment are dealt with on an individual basis, these can be escalated to the finance director or managing director as appropriate.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 48 | 12% | 24% | 30 Apr 2026 |
| H2 2025 | 34 | 13% | 4% | 30 Oct 2025 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 22 Jun 1989
- Registered office
- BURNETT HOUSE, BANCHORY, AB31 5ZU
Illustrative · working-capital arithmetic
What a 48-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 48-day vs a 30-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 · Bancon Homes Limited
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More large companies in construction
Bancon Group Limited · Bancroft Limited · Bam Nuttall Limited · Barhale Limited · Bam Construction Limited · Barnwood Limited
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-SC118706 · latest period to 31 Mar 2026
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