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News » UK » Late payers to be named and shamed » published 8 Nov 2012

Late payers to be named and shamed

The government will name and shame big construction companies that screw subcontractors and suppliers by failing to pay their bills on time.

Business minister Michael Fallon Above: Business minister Michael Fallon

Business minister Michael Fallon has written to all FTSE 100 and FTSE 250 companies telling them that if they do not sign up to the Prompt Payment Code, a voluntary agreement to promote good payment practices, he will publicise their refusal in the new year.

Companies being told to sign up include: major contractors Interserve, Galliford Try, Carillion and Kier; housebuilders Barratt, Berkeley, Bovis Homes, Persimmon, Redrow and Taylor Wimpey; support service companies Mitie and WS Atkins; and materials suppliers Wolseley, Howden Joinery, SIG and Travis Perkins.

The only FTSE 250 construction company to have signed up to the code already is Balfour Beatty, which did so in July 2010. Other major construction signatories include Willmott Dixon, Skanska UK, Morgan Lovell and Miller Construction. (See full list below.)

Mr Fallon said: “Late payment causes real cash flow problems for entrepreneurs. It stops them from growing their business – we need to change the culture.

“Too many of our biggest companies are ignoring the Prompt Payment Code. My message to them is clear - make prompt payment a priority or face the consequences of being named. I’m confident that driving up support for the common sense principles in the Code will have a very positive effect.”

Currently 1,182 companies are signed up to the Prompt Payment Code. However, only 27 FTSE 100 companies and five FTSE 250 companies are signatories.

Forum of Private Business chief executive Phil Orford welcomed the minister’s invention. He said: “All too often we see a ‘domino effect’ of late payment right down the supply chain. It decimates cash flow and forces many firms into administration - so it is important that we do whatever it takes to reverse this trend and set in motion a culture of prompt payment for small businesses and the economy as a whole.”

A debate on prompt payment issues takes place in Parliament today (Thursday 8 November 2012).

Businesses can sign up to the Prompt Payment Code now at http://www.promptpaymentcode.org.uk/

 

The good guys

The follow construction companies have already signed up to the code and commit to paying suppliers on time.

 

 

Organisation

Region

3D Scaffolding Limited

North West

A-Tech Installations

West Midlands

Advanced Roofing Limited

East Midlands

Archive Repair Specialist

Yorkshire & The Humber

Ardent Services Ltd

 

Arkoni Ltd

Yorkshire & The Humber

Asbestos Business Contractors Ltd

North West

Aspect Building Solutions Ltd

Yorkshire & The Humber

Association of Concrete Industrial Flooring Contractors (ACIFC)

London

Association of Interior Specialists

West Midlands

Astbury

North West

Atlas Washroom Systems Ltd

North East

B Mc Namee & Co Ltd

Northern Ireland

Badham & Sons

West Midlands

Balfour Beatty plc

 

Barrow & Brooks Ltd

South East

Bermar Building Company Ltd

Yorkshire & The Humber

Besure Building & Maintenance Services ltd

South East

BHE Services (Bolton) Ltd

North West

Birmingham Glass Services Ltd

West Midlands

Black & Veatch

South East

Boilerman Ltd

South West

Bristan Group Limited

West Midlands

C D Potter and Sons Limited

Yorkshire & The Humber

Cirrus Trading Ltd

East Midlands

Clarkes Environmental Ltd

Yorkshire & The Humber

D H Crofts Limited

South East

DCT Civil Engineering Ltd

North West

Dufell Roofing Co. Ltd.

North East

Dutton's Electrical

East Midlands

Effective Builders Company

North West

EMCOR Facilities Services Limited

North West

ERH Communications Ltd

Wales

ERW Joinery Ltd

North East

F PARKINSON LTD

North East

Gary Gabriel Associates

South East

George Cox & Sons Ltd

North West

Goody Demolition Ltd

South East

Governor Electrical & Mechanical Ltd

Yorkshire & The Humber

Greendealhull.com

Yorkshire & The Humber

H Clarke and Sons Ltd

Yorkshire & The Humber

H&J Martin Ltd

Northern Ireland

Hannafin Contractors Limited

West Midlands

Harry Fairclough Construction Ltd

North West

HCS (Yorkshire) Ltd

Yorkshire & The Humber

Headway Contracting Services Ltd

North East

Huggins Limited

South East

Install Electrical Contractors Ltd

East Midlands

ITT WATER&WASTEWATER UK LTD

East Midlands

J Hughes Construction Limited

North East

K & M Mcloughlin Decorating Ltd

London

Keith Walton Brickwork Limited

 

L P MASON LIMITED

West Midlands

Leesafe Ltd

 

Lewis and Lewis Ltd

Wales

Lincs Joinery Services Ltd

East Midlands

LJPM Ltd

South East

MacConvilles

South West

MacLay Civil Engineering Ltd

Scotland

Main Building Maintenance Ltd

South East

McLaughlin & Harvey Ltd

Northern Ireland

MCP Environmental LLP

Yorkshire & The Humber

MIDLAND FIRE PROTECTION LTD

East Midlands

Miller Construction

Scotland

Minshull Windows Ltd

Wales

Morgan Lovell

London

Moss Construction (NI) Ltd

Northern Ireland

Mott MacDonald Limited

London

Mulcair Limited

Wales

Multispace Systems Ltd

Yorkshire & The Humber

MURRAY & WILLIS LTD

West Midlands

Mwt Civil Engineering Ltd

Wales

Oddy Builders Ltd

Yorkshire & The Humber

Olivison Ltd

South West

One Stop Maintenance OSM Ltd

West Midlands

Overbury Plc

London

PAW Structures Ltd

North West

Paynters Flooring

Yorkshire & The Humber

PGR Innovations Limited

Yorkshire & The Humber

Professional Electrical Solutions Limited

South West

Providence Maintenance & Electrical Services Ltd

Yorkshire & The Humber

Pyramid Builders Limited

London

RDA Limited

North East

Reddish Vale Insulations Ltd

North West

RESIBLOCK LIMITED

South East

RI Construction

North East

Rok Plc

South East

roofclad profiles ltd

Northern Ireland

Roy Hankinson Limited

North West

Rule & Parker Ltd

East of England

S. Peake & Son Ltd

West Midlands

sanmet

Yorkshire & The Humber

sedgemoor heating

South West

Skanska Construction UK

South West

SM ELECTRICAL SUPPLIES LTD

Scotland

SOFT SURFACES LIMITED

North West

Specpro Ltd

Scotland

T&B (Contractors) Limited

South East

TECHRETE (UK) LIMITED

East Midlands

TECL

 

Thompsons Fencing Ltd

North East

Universal Carpentry & Joinery Ltd

East of England

V&T(Plumbing Central Heating & Bathrooms) Ltd t/a Aqua Interiors

Yorkshire & The Humber

Vivid Interiors

London

Wayman Fabrications Ltd

North West

Wellington UK Ltd

South East

Wharton Construction

North East

William Doherty

Northern Ireland

Willmott Dixon Holdings Limited

 

WJM BUILDING SERVICES LIMITED

Northern Ireland

Woodhouse-Barry (Construction)Limited

North East

 

 

 

 

 

MPU

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This article was published on 8 Nov 2012 (last updated on 8 Jan 2013).

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