MCLAUGHLIN & HARVEY CONSTRUCTION LIMITED
Company number: SC150486
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
29 January 2026
Approved by:
Leanne Milligan
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? Yes
Payment statistics
Average time taken to pay invoices: 41 days
Total value paid:
- within 30 days: £32,994,241 (31%)
- in 31 to 60 days: £72,777,034 (68%)
- in 61 days or more: £1,475,417 (1%)
Invoices paid:
- within 30 days: 26%
- in 31 to 60 days: 64%
- in 61 days or more: 10%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £8,485,159
- payments due in the reporting period which have not been paid within the agreed period: 4%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
26 days
Longest standard payment period
72 days
Standard payment terms
Subcontractor payment terms are agreed as part of contract negotiations. For other suppliers, payment terms are generally 45 days from end of month.
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
72 days
No further comment provided
Any other information about payment terms
No further comment provided
Retention clauses
How does this business use retention clauses?
Retention clauses are used in specific circumstances:
Subcontractor retentions are only deducted on contracts where retentions are deducted from McLaughlin & Harvey Construction Limited by the end client.
Does this business only use retention clauses in construction contracts above a specific contract sum?
No
Does this business use a standard percentage rate in retention clauses?
No
Does this business apply retention clause practices that are no more onerous than those applied to it on the same project?
Yes:
Retention amounts deducted from subcontractor payments will be applied at the same percentage, or a lower percentage, than that deducted from McLaughlin & Harvey Construction Limited by our clients.
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
Retention amounts are paid to subcontractors following their application for payment of the amounts deducted under the terms of their subcontractor order.
Is the money released in stages?
Yes:
50% upon satisfactory completion of subcontractor works.
50% at the end of the defects period, as outlined in the subcontractor order, subject to the rectification of any defects.
In some circumstances, retentions are released in full rather than in stages.
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
60%
Amount retained stated as a percentage of the total construction payments made by this business
2%
Dispute resolution process
For material orders where any disputes arise regarding quantities delivered, these are resolved by the Finance Department who request proof of delivery. Where any disputes regarding invoice rates arise, these are resolved by the Buying Department. For subcontract orders, where any specific disputes arise, these are solved by the Project Surveyor in accordance with the overall building contract and the specific subcontract order.
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