CAMERON HOMES LIMITED
Company number: 02814934
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
5 August 2026
Approved by:
Michael Holder
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: 23 days
Total value paid:
- within 30 days: £22,341,444 (85%)
- in 31 to 60 days: £3,878,861 (15%)
- in 61 days or more: £122,235 (< 1%)
Invoices paid:
- within 30 days: 72%
- in 31 to 60 days: 27%
- 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: £0
- payments due in the reporting period which have not been paid within the agreed period: 0%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
14 days
Longest standard payment period
60 days
Standard payment terms
Cameron Homes is a strong advocate of fair treatment to all supply chains and will pay for good and services most frequently on the last working day of the following month in which the goods and services are delivered/provided. This being on the basis that Cameron Homes has been correctly invoiced by the supplier and has received the invoice by the last working day of the month the goods and services are delivered/provided. If Cameron Homes has not been correctly invoiced by this date, payment shall normally be made on the last working day of the following month in which Cameron Homes had been correctly invoiced. We do also offer 14 day term payments to some subcontractors which is agreed with the relevant manager prior to the commencement of any works.
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?
Yes: 5%
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
In Cameron Homes, for any money deducted or retained it is released in 2 stages. The first stage is 50% of the money retained is released on completion of the works. The second stage is the remaining 50% of the money retained is released 12 months after completion.
Is the money released in stages?
Yes:
2 stages 50% each
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
76%
Amount retained stated as a percentage of the total construction payments made by this business
6%
Dispute resolution process
Should a dispute arise between Cameron Homes and the supplier, the parties will attempt to reach a settlement as soon as possible. Initial queries are dealt with by the finance department who will liaise or redirect to the invoice approvers for suppliers. If the dispute cannot be resolved by the approver in accordance with normal procedures this will then be escalated to a director.
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