HOLCIM UK CEMENT LIMITED
Company number: 09326237
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
30 July 2026
Approved by:
Garrath Lyons
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: 74 days
Total value paid:
- within 30 days: £1,353,987 (4%)
- in 31 to 60 days: £9,106,073 (25%)
- in 61 days or more: £25,686,215 (71%)
Invoices paid:
- within 30 days: 6%
- in 31 to 60 days: 34%
- in 61 days or more: 60%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £3,448,785
- payments due in the reporting period which have not been paid within the agreed period: 9%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
123 days
Standard payment terms
Holcim UK Cement offer a range of payment terms to their supply chain. Payment terms are agreed at point of contracting with a new supplier. Any changes to supplier terms are agreed with the supplier and processed through an internal approval system before updating the suppliers master data record.
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
130 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:
Where we are the employer our standard approach is to include retention clauses in construction contracts. However, it is typical for construction contracts to be heavily negotiated so the final version of the construction contract may or may not have retention provision remaining and if it does remain it may be heavily modified.
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?
No
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
First moiety of retention is released on practical completion or equivalent and second moiety on ending of making good defects period or equivalent.
Is the money released in stages?
Yes:
First moiety of retention is released on practical completion or equivalent and second moiety on ending of making good defects period or equivalent.
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
100%
Amount retained stated as a percentage of the total construction payments made by this business
0%
Dispute resolution process
Invoices which do not match to a purchase order for payment are sent to the requisitioner to resolve the payment query. Holcim UK Cement offers suppliers a self service supplier portal which allows the supplier to log on and see the status of their invoices.
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.
Yes
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