// payment practices, as filed · company 05522615
The Seckford Foundation: how it pays its suppliers, from its own filing
The Seckford Foundation reports paying its suppliers in an average of 22 days, with 30% of invoices paid later than the agreed terms, for the period 1 March 2026 to 31 August 2026. Across the 1,496 companies that report on construction contracts, the median is 31 days and 14% late. Every figure below is the company’s own, approved by a director and published on the government register; this page reproduces it and says what it means for a subcontractor.
22 days
Average days to pay
longer than 19% of the 1,496 filers; median 31 days
30%
Paid later than agreed
a higher share than 80% of filers; median 14%
84%
Paid within 30 days
2% took longer than 60 days
The terms it declares
- Standard payment terms
- 1 to 31 days
- Maximum contractual period
- 31 days
- Paid in 31 to 60 days
- 14%
- Paid after 60 days
- 2%
- Not paid because of a dispute
- 0%
- Filed on
- 9 September 2026
Their standard terms, in their words
Our purchase ledger is set with the individual supplier payment terms per their invoice. If there are no terms on the invoice then we assume 30 days until notified otherwise. Payments are made every 2 weeks and the system automatically picks up invoices due for payment according to the terms set.
Every filing since Feb 2018
The Seckford Foundation has filed 18 times. The share paid late is up 3 points on the previous filing, and the average days to pay unchanged. The first filing, for the period to 28 February 2018, reported 27 days and 20% late.
| Period to | Days to pay | Paid late | Within 30 days | Over 60 days |
|---|---|---|---|---|
| 31 August 2026 | 22 | 30% | 84% | 2% |
| 28 February 2026 | 22 | 27% | 86% | 2% |
| 31 August 2025 | 24 | 25% | 84% | 6% |
| 28 February 2025 | 26 | 34% | 75% | 5% |
| 31 August 2024 | 26 | 32% | 80% | 4% |
| 29 February 2024 | 26 | 43% | 75% | 4% |
Retention
This filing declares no retention clauses in its construction contracts. If your subcontract with The Seckford Foundation does hold retention, the contract governs; the retention piece explains how to get it released.
What this means if you are pricing work for them
The share paid later than agreed is the number to read first, because a short term makes an invoice late sooner and a long one hides lateness inside the term. The Seckford Foundation is above the median on that measure, so build the delay into your cash flow before you sign. The average days to pay sits under the median.
On a 30-day term this company’s average lands inside the term, so a late invoice is the exception. When one is late, the calculator shows what statutory interest and the fixed sum add, which the law lets you charge without a clause.
Against the official benchmark: the Department for Business and Trade’s statistics for 2025, published 14 July 2026, put large construction businesses at 33 days to pay with 14% of invoices late by number (13% by value), and all large businesses at 32 days and 15% late. The Seckford Foundation is at or inside the sector figure on days. Its late share is above the sector figure.
What the register does not show: it is self-reported, large companies only, and the filing covers the whole company, not your contract. Read it alongside the notice rules that decide what you are actually owed, and keep your own dates.
Questions subcontractors ask about The Seckford Foundation
- How long does The Seckford Foundation take to pay its suppliers?
- The Seckford Foundation reported an average of 22 days to pay an invoice for 1 March 2026 to 31 August 2026, with 84% of invoices paid within 30 days and 2% taking longer than 60 days. The official 2025 figure for large construction businesses is 33 days.
- Does The Seckford Foundation pay late?
- By its own filing, 30% of The Seckford Foundation's invoices were paid later than the agreed terms, against 14% across large construction businesses in 2025 and a median of 14% among the 1,496 companies on this register that declare construction contracts. That is up 3 points on its previous filing (27% for the period to 28 February 2026).
- Does The Seckford Foundation hold retention?
- The Seckford Foundation declares no retention clauses in its construction contracts in this filing. Your subcontract governs; if it holds retention, the contract terms decide when it is released.
- Can I charge The Seckford Foundation interest on a late invoice?
- Yes, under the Late Payment of Commercial Debts (Interest) Act 1998, from the day after the final date for payment, at 8% over the Bank of England base rate plus a fixed sum per invoice, without any clause in the contract. The calculator works it out for your figures.
Source: the company’s own report on the government’s payment practices service, report 116829, made under the Reporting on Payment Practices and Performance Regulations 2017 and reproduced under the Open Government Licence v3.0. Register copy taken 2 October 2026; comparisons are against the latest filing of each of the 1,496 companies declaring construction contracts. Figures are as filed, not judged. Not legal advice.
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- Which main contractors pay late? What the payment practices register saysTen UK main contractors' filed payment figures: average days to pay, share paid late, report links. Median of 1,496 construction filers: 31 days, 14% late.
- Every company that files on construction contractsThe full A to Z, 1,496 filers, each with its own page.