Prompt Payment Code: List of suspended and removed firms (Q1 2019)

Five companies have been removed from the Prompt Payment Code for flouting it during the last quarter and not providing a plan for how they will abide by the code’s terms. The five are:

  1. BHP Billiton – a global resources firm
  2. DHL – a global logistics company
  3. GKN Plc – a multinational aerospace and automotive components group
  4. John Sisk & Son Ltd – an international construction firm
  5. R. Twining and Company Ltd – a tea and coffee business

Twelve companies have been suspended from the PPC, for not paying their suppliers in line with the code. However, they are ‘suspended’ (not ‘removed’) because they have committed to make changes to meet the code’s standards. The 12 are:

  1. Atos IT Services UK&I – an IT services business and main UK subsidiary of Atos SE
  2. Balfour Beatty Plc – an international infrastructure giant
  3. British Sugar UK – a sugar producer
  4. Costain Ltd – a construction and engineering firm
  5. Engie Services Ltd – a facilities management services group, owned by Engie Group
  6. Interserve Construction – a construction firm part of Interserve Group Ltd
  7. Kellogg Brown & Root Ltd – a facilities management and construction engineering giant
  8. Laing O’Rourke – an international engineering company
  9. Persimmon Homes Ltd – a property building outfit
  10. Rolls-Royce Plc – an engineering giant
  11. SSE – a gas and electricity provider
  12. Vodafone Ltd – a telecoms firm, owned by Vodafone Group Ltd.
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Written by Simon Moore

Simon writes impartial news and engaging features for the contractor industry, covering, IR35, the loan charge and general tax and legislation.
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