// payment practices, as filed · company 03892871
Volkerlaser Ltd: how it pays its suppliers, from its own filing
Volkerlaser Ltd reports paying its suppliers in an average of 38 days, with 57% of invoices paid later than the agreed terms, for the period 1 January 2026 to 30 June 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.
38 days
Average days to pay
longer than 67% of the 1,496 filers; median 31 days
57%
Paid later than agreed
a higher share than 94% of filers; median 14%
45%
Paid within 30 days
11% took longer than 60 days
The terms it declares
- Standard payment terms
- 14 to 60 days
- Maximum contractual period
- 60 days
- Paid in 31 to 60 days
- 44%
- Paid after 60 days
- 11%
- Not paid because of a dispute
- 1%
- Filed on
- 30 July 2026
Their standard terms, in their words
VolkerLaser Limited agree payment terms with suppliers and subcontractors as part of negotiating and agreeing their contracts. Our standard payment terms for suppliers and subcontractors with less than 50 employees is 30 days after the date of invoice. For other materials and plant suppliers our standard payment terms are 60 days after the date of invoice. Other payment terms will be agreed with our suppliers and subcontractors on an individual basis.
Their explanation
VolkerLaser Limited is committed to supporting the local community wherever we work and endeavour to engage with Small to Medium Enterprises (SMEs), community sector organisations and a diverse range of enterprises in our supply chain. We ensure our procurement processes are transparent, straightforward, and open and we are committed to paying our SME supply chain promptly in recognition of their specific challenge around cash flow, and encourage our supply chain to adopt supporting practices. In order for invoices to be paid on a timely basis, all invoices must be received by our Volker…
Every filing since Dec 2020
Volkerlaser Ltd has filed 12 times. The share paid late is up 9 points on the previous filing, and the average days to pay up 3 days. The first filing, for the period to 31 December 2020, reported 26 days and 22% late.
| Period to | Days to pay | Paid late | Within 30 days | Over 60 days |
|---|---|---|---|---|
| 30 June 2026 | 38 | 57% | 45% | 11% |
| 31 December 2025 | 35 | 48% | 51% | 9% |
| 30 June 2025 | 33 | 34% | 60% | 9% |
| 31 December 2024 | 32 | 55% | 52% | 5% |
| 30 June 2024 | 29 | 38% | 66% | 6% |
| 31 December 2023 | 28 | 37% | 62% | 6% |
Retention
- Retention clauses in construction contracts
- yes
- Standard retention rate
- not stated
- In all construction contracts
- no
- Same terms they receive from their own client
- yes
- When they apply retention
- We may withhold retentions from payments to subcontractors when retention clauses are applied by our clients and will be applied depending on the type, size and risk profile associated with the subcontract works.
- On parity with their client
- For projects where our clients deduct retentions from payments, we aim to use consistent retention clauses with our supply chain
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. Volkerlaser Ltd is above the median on that measure, so build the delay into your cash flow before you sign. The average days to pay sits over the median.
A worked example on a 30-day term: an invoice of £10,000.00 paid on this company’s average, 8 days after the final date, carries £25.75 of statutory interest at 11.75% plus the fixed sum, £125.75 in all, which the law lets you add without a clause. Run your own figures.
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. Volkerlaser Ltd is slower than the sector figure. 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 Volkerlaser Ltd
- How long does Volkerlaser Ltd take to pay its suppliers?
- Volkerlaser Ltd reported an average of 38 days to pay an invoice for 1 January 2026 to 30 June 2026, with 45% of invoices paid within 30 days and 11% taking longer than 60 days. The official 2025 figure for large construction businesses is 33 days.
- Does Volkerlaser Ltd pay late?
- By its own filing, 57% of Volkerlaser Ltd'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 9 points on its previous filing (48% for the period to 31 December 2025).
- Does Volkerlaser Ltd hold retention?
- Yes. Volkerlaser Ltd declares retention clauses in its construction contracts, though not in all of them. The filing's own wording is quoted above.
- Can I charge Volkerlaser Ltd 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 115172, 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.
// read next
- Pay less notice: what it must say and when it must arriveWhat a pay less notice must contain under s.111 of the Construction Act, the deadline (contract or 7 days before the final date), and what happens if it's late.
- Late payment interest rate UK: how the 8% over base rule works, and why the date mattersUK late payment interest is 11.75% for business invoices due from 1 July 2026. How it is set, the £40/£70/£100 fixed sums, and a worked example on £18,400.
- 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.