MORGAN SINDALL CONSTRUCTION & INFRASTRUCTURE LTD
Company number: 04273754
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
10 July 2026
Approved by:
Mark Atkinson
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: 24 days
Total value paid:
- within 30 days: £592,292,000 (63%)
- in 31 to 60 days: £340,050,000 (36%)
- in 61 days or more: £5,112,000 (< 1%)
Invoices paid:
- within 30 days: 73%
- in 31 to 60 days: 26%
- in 61 days or more: 1%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £67,818,000
- payments due in the reporting period which have not been paid within the agreed period: 3%
- not made in the reporting period due to a dispute: 10%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
Morgan Sindall operates shorter payment terms in certain circumstances, including where we have specific payment commitments on frameworks with key customers e.g. 30 days. This is reflected in our average days to pay, when compared to our standard payment terms.
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
The maximum contractual payment period was 60 days.
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:
Even though the standard payment terms do include retention clauses, preferred subcontractors, temporary works subcontractors, and specified framework contracts do not have retention applied to them.
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?
Yes: 5%
Does this business apply retention clause practices that are no more onerous than those applied to it on the same project?
Yes:
Retention is only applied to certain subcontractors, preferred suppliers, temporary works, and specified framework contracts do not have any retention applied. This makes the retention clauses no more onerous than those applied by clients.
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
Our standard mechanism for release of retentions is aligned with the industry norms. 50% is released upon practical completion and the remaining 50% is released within the relevant defect’s liability period, assuming all defects have been made good.
Is the money released in stages?
Yes:
Our standard mechanism for release of retentions is aligned with the industry norms. 50% is released upon practical completion and the remaining 50% is released within the relevant defect’s liability period, assuming all defects have been made good.
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
56%
Amount retained stated as a percentage of the total construction payments made by this business
2%
Dispute resolution process
Invoice queries should be addressed to the buyer who placed the individual order as the first point of contact, and the contact details are clearly stated on the Purchase order. In the event that this should not yield a solution please request the issue to be escalated to the Director of Procurement
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.
Yes, this business has signed up to: Prompt Payment Code
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.
Yes
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