M.G.L. Demolition Limited
Registered as M.G.L. DEMOLITION LIMITED. Company number 01051184. 1 payment practices report on file, the latest for the period ending 31 March 2026, filed 9 June 2026.
48days on average to pay
- Within 30 days
- 31 to 60 days
- Over 60 days
In the reporting period from 1 October 2025 to 31 March 2026, M.G.L. Demolition Limited reported that it took an average of 48 days to pay its suppliers' invoices. It paid 8% of invoices within 30 days, 75% in 31 to 60 days and 17% after more than 60 days. It said 7% of invoices were not paid within the agreed terms.
That average is faster than 18% of the 6,220 companies whose latest report covers a period ending since May 2025. It reported construction contracts in this period, and said they include retention clauses at a standard rate of 5%.
Every report filed
| Period | Filed | Average days | Within 30 days | 31 to 60 | Over 60 | Not within terms | Source |
|---|---|---|---|---|---|---|---|
| Oct 2025 to Mar 2026 | 9 Jun 2026 | 48 | 8% | 75% | 17% | 7% | Report |
Source: the company's filings on Check payment practices. Contains public sector information licensed under the Open Government Licence v3.0. Figures are as filed. We do not change them.