CADDICK CONSTRUCTION LIMITED
Company number: 01435461
Reporting period:
1 March 2025 to 31 August 2025
Report filed on:
11 September 2025
Approved by:
Neil James Trubshaw
Payment statistics
Average time taken to pay invoices: 24 days
Invoices paid:
- within 30 days: 36%
- in 31 to 60 days: 63%
- in 61 days or more: 1%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 0%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
The company operates a range of payment terms to reflect certain circumstances, including where we have specific commitments with key customers eg 30 days. Standard supplier terms (excluding subcontractors) are 30 days from month end of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
All standard agreements set out a dispute resolution process but the company will always seek to avoid disputes by first discussing matters directly with the relevant supplier. This will generally be through contact with the accounts payment team or the commercial staff responsible for the matter. In the event that this cannot be resolved at that level then this would be escalated to a senior member or director of the business team. If the matter still cannot be resolved then this would be referred to dispute resolution (mediation or expert determination), with adjudication or legal proceedings being the final option.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
No
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No