BETA This is a new service – your feedback will help us to improve it.


Company number: 01251716

Reporting period:
1 October 2017 to 31 March 2018

Warning This information is as reported by the business, and responses are in their own words.

This report was filed on 25 April 2018

and approved by Francis Shiner

Payment statistics

Average time taken to pay invoices: 41 days

Invoices paid:

Invoices due but not paid within agreed terms: 11 %

Payment terms

Shortest standard payment period

14 days

Longest standard payment period

60 days

Standard payment terms

The payment terms operated by SDC Builders Limited varies depending upon the type of supply and in some instances for who our end client is.

Material Purchases are paid at the end of the month following the month of invoice.

Subcontractor Payments:
The standard terms for paying the majority of subcontractors is 49 days from the date of the main contract valuation. Agency payment terms vary from 14 to 28 days. There are however some exceptions where certain works done for specific clients are paid on terms of 60 days.

Were there any changes to the standard payment terms in the reporting period?


Maximum contractual payment period agreed

60 days

The maximum payment term is 60 days where our client imposes this period.

Any other information about payment terms


Dispute resolution process

Subcontract issues should be addressed to the quantity surveyor responsible for the particular job worked on. They can discuss any disputes and resolve the issues before notifying accounts to make a payment.

Material invoices are agreed to information provided by the buying department. Issues arising in pricing discrepancies will tend to be dealt with by the accounts team along with input from the buying department.

Issues in respect of other queries such as quality will be dealt with by directing these to contacts within the buying department, the jobs main quantity surveyor and the supplier in order to reach a resolution.

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 Prompt Payment Code must commit to paying 95% of their invoices within 60 days.


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.


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.


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?


During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?