SIR ROBERT MCALPINE LIMITED
Company number: 00566823
Reporting period:
1 November 2025 to 30 April 2026
Report filed on:
28 May 2026
Approved by:
James Leighton More
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: 27 days
Total value paid:
- within 30 days: £336,277,512 (98%)
- in 31 to 60 days: £5,627,774 (2%)
- in 61 days or more: £2,255,066 (< 1%)
Invoices paid:
- within 30 days: 73%
- in 31 to 60 days: 21%
- in 61 days or more: 6%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £1,955,051
- payments due in the reporting period which have not been paid within the agreed period: 5%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
30 days
Standard payment terms
Suppliers are paid net monthly, which is 30 days after the month in which the invoice is received. Subcontractors are paid on average 35 days after payment valuation is received. The company continues to focus on its payment terms for those suppliers with less than 50 employees for whom we are required to pay 95% of invoices within 30 days. During the current reporting period for this supplier group payment performance shows 98% of invoices are being paid within 30 days
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
Retention clauses
How does this business use retention clauses?
Retention clauses are included in standard payment terms.
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 clauses are used in the majority of our qualifying construction contracts and are included within our standard payment terms but may be negotiated out in certain circumstances.
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
The process for release of money retained under a retention clause is triggered by receipt of an appropriate payment application from the subcontractor; the assessment and payment of sums due is then governed by the payment terms incorporated into the agreed subcontract.
Is the money released in stages?
Yes:
The most common arrangement is for 50% released at practical completion of the subcontract works and the balance following on the later of either the agreed contractual Retention Release Date or completion of any notified defects.
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
72%
Amount retained stated as a percentage of the total construction payments made by this business
1%
Dispute resolution process
SRM are absolutely committed to fair dealing and fair payment with our supply chain. We also firmly believe that the emphasis of our business dealings is based on genuine, close relationships with our supply chain. These relationships, managed more and more in a structured way, ensure we very rarely have the need for formal dispute resolution processes. Where issues and challenges arise, resolution is hopefully addressed either at the project or procurement team level, dependent upon the nature of the agreement (sub-contract or purchase order). Where resolution cannot be found at this level, there is an escalation process within the business through procurement, finance & / or commercial management to ensure issues and challenges are satisfactorily addressed for both parties. This escalation process goes all the way to Chief Financial Officer at Executive Board level. We really do not expect anything to go beyond this level. Should formal dispute resolution be required, which is extremely unlikely, methods including mediation, adjudication, litigation and / or arbitration may be used.
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