NATIONAL HOUSE-BUILDING COUNCIL
Company Information
- Company Number
- 00320784
- Registered Address
- Nhbc House Davy Avenue, Knowlhill, Milton Keynes, Bucks, MK5 8FP
- Status
- Active
- Employee Count
- 1,370
- Turnover
- £78,966,000
- EBITDA
- £89,961,000
Additional Details
- Website
- https://www.nhbc.co.uk/
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 17 November 1936
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Financial Services, Property, Infrastructure And Construction
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2025 - 30 Sept 2025 | 20 Oct 2025 | 21 | 84% | 12% | 4% | 3% |
| 01 Oct 2023 - 31 Mar 2024 | 17 Apr 2024 | 21 | 86% | 10% | 4% | 1% |
| 01 Apr 2023 - 30 Sept 2023 | 18 Oct 2023 | 23 | 85% | 10% | 5% | 1% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 25 | 83% | 12% | 5% | 1% |
| 01 Apr 2021 - 30 Sept 2021 | 06 Oct 2021 | 23 | 84% | 11% | 5% | 2% |
| 01 Oct 2020 - 31 Mar 2021 | 19 Apr 2021 | 29 | 82% | 12% | 7% | 1% |
| 01 Apr 2020 - 30 Sept 2020 | 09 Oct 2020 | 33 | 76% | 16% | 8% | 2% |
| 01 Apr 2019 - 30 Sept 2019 | 17 Oct 2019 | 32 | 75% | 17% | 7% | 1% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are 30 days with suppliers for non-construction related contracts.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
National House-Building Council actively seeks to resolve disputes by discussing them with the relevant supplier(s), typically involving members of the accounts payable and credit control departments and/or the procurement and commercial teams and/or where necessary members of management. However, where it is not possible to reach agreement, a number of potential dispute resolution methods (for example mediation, adjudication, expert determination, litigation and/or arbitration) may be used (these methods may be detailed in bespoke contractual arrangements). National House-Building Council’s standard payment terms for non-construction contract related payments are 30 days unless National House-Building Council agrees to different terms requested by a supplier. For construction contracts the payment terms are largely dependent on the specific requirements of individual projects and are subject to the requirements laid out in the Housing Grants, Construction and Regeneration Act 1996.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
The National House-Building Council (NHBC) is a non-profit organization in the UK that provides warranty and insurance for new homes. Established in 1936, NHBC's main role is to ensure that newly built homes meet certain standards of construction and protection for homeowners.
NHBC has a strong focus on sustainability and is committed to promoting environmentally friendly practices in the house-building industry. They have a sustainability program in place that aims to reduce the environmental impact of new homes by setting standards for energy efficiency, water conservation, and waste management.
NHBC offers a range of products and services to support the house-building industry. This includes technical guidance and support for builders, training and certification programs for professionals, and building control services to ensure compliance with building regulations.
The key people at NHBC include its CEO, Steve Wood, and its Chairman, John Carter. The organization also has a team of experienced professionals in the fields of construction, engineering, and sustainability.
For more information, the NHBC website (www.nhbc.co.uk) provides comprehensive details on their services, standards, and sustainability initiatives. Their registered office address is NHBC House, Davy Avenue, Knowlhill, Milton Keynes, Buckinghamshire MK5 8FP. Additionally, they can be contacted via phone at 0800 035 6422 or email at nhbc@nhbc.co.uk.
