30 Fair PaymentHow fast UK companies pay their suppliers
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Midas Construction Limited

Registered as MIDAS CONSTRUCTION LIMITED. Company number 01240442. 9 payment practices reports on file, the latest for the period ending 31 October 2021, filed 26 November 2021.

58days on average to pay

  • Within 30 days
  • 31 to 60 days
  • Over 60 days

In the reporting period from 1 May 2021 to 31 October 2021, Midas Construction Limited reported that it took an average of 58 days to pay its suppliers' invoices. It paid 19% of invoices within 30 days, 54% in 31 to 60 days and 27% after more than 60 days. It said 4% of invoices were not paid within the agreed terms.

A year earlier, in the period to 31 October 2020, the average was 66 days, so it is 8 days faster now.

This company has not filed a report for a period ending since May 2025, so it is not in our current tables. Companies stop reporting when they no longer meet the size test, are restructured or close.

Average days to pay, report by report

30 48 Oct 2017 45 Apr 2018 49 Oct 2018 50 Apr 2019 54 Oct 2019 57 Apr 2020 66 Oct 2020 58 Apr 2021 58 Oct 2021

Bars are labelled with the month the period ended. The dashed line marks 30 days.

Every report filed

PeriodFiledAverage daysWithin 30 days31 to 60Over 60Not within termsSource
May to Oct 2021 26 Nov 2021 58 19%54%27%4% Report
Nov 2020 to Apr 2021 28 May 2021 58 20%51%29%2% Report
May to Oct 2020 30 Nov 2020 66 12%44%44%9% Report
Nov 2019 to Apr 2020 29 May 2020 57 19%52%29%10% Report
May to Oct 2019 28 Nov 2019 54 18%57%25%3% Report
Nov 2018 to Apr 2019 19 Sep 2019 50 22%59%19%2% Report
May to Oct 2018 28 Nov 2018 49 15%66%19%5% Report
Nov 2017 to Apr 2018 31 May 2018 45 24%61%15%14% Report
May to Oct 2017 24 Nov 2017 48 27%55%18%20% 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.