ABBEY DEVELOPMENTS LIMITED
Company Information
- Company Number
- 00348843
- Registered Address
- Abbey House, 2 Southgate Road, Potters Bar, Hertfordshire, EN6 5DU
- Status
- Active
- Employee Count
- 79
- Turnover
- £296,736,000
- EBITDA
- £42,197,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 January 1939
- Nature of Business
- 41202 - Construction of domestic buildings
- Industries
- Property,Infrastructure And Construction
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time to pay for ABBEY DEVELOPMENTS LIMITED has been consistently decreasing over the past three periods, with the most significant decrease seen in the most recent period (2021-05-01 to 2021-10-31). This trend suggests that the company has been improving their payment process and paying invoices more promptly.
Volatility Analysis
The percentage of invoices paid within 30 days has shown the most volatility over the past three periods, with a decrease in the most recent period (2021-05-01 to 2021-10-31) after two consecutive periods of increase. This indicates that the company's ability to pay invoices promptly may fluctuate, but overall they have been improving in this area.
Summary Analysis
From 2017-05-01 to 2021-10-31, ABBEY DEVELOPMENTS LIMITED has consistently improved their average time to pay, with a decrease from 25 days to 21 days. The percentage of invoices paid within 30 days has also increased from 80% to 86%. However, there has been a slight increase in the percentage of invoices not paid within agreed terms, from 11% to 14%.
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 Nov 2024 - 30 Apr 2025 | 06 May 2025 | 21 | 87% | 7% | 6% | 0% |
| 01 May 2024 - 31 Oct 2024 | 21 Nov 2024 | 22 | 84% | 10% | 7% | 0% |
| 01 Nov 2023 - 30 Apr 2024 | 20 May 2024 | 21 | 87% | 7% | 6% | 0% |
| 01 May 2023 - 31 Oct 2023 | 17 Nov 2023 | 20 | 86% | 7% | 7% | 0% |
| 01 Nov 2022 - 30 Apr 2023 | 31 May 2023 | 20 | 83% | 9% | 8% | 9% |
| 01 May 2022 - 31 Oct 2022 | 18 Nov 2022 | 19 | 87% | 9% | 4% | 4% |
| 01 Oct 2021 - 30 Apr 2022 | 19 May 2022 | 20 | 86% | 9% | 5% | 5% |
| 01 May 2021 - 31 Oct 2021 | 15 Nov 2021 | 21 | 86% | 11% | 3% | 5% |
| 01 Nov 2020 - 30 Apr 2021 | 19 May 2021 | 20 | 85% | 8% | 7% | 10% |
| 01 May 2020 - 31 Oct 2020 | 17 Nov 2020 | 21 | 83% | 10% | 7% | 14% |
| 01 Nov 2019 - 30 Apr 2020 | 04 Jun 2020 | 25 | 80% | 9% | 11% | 15% |
| 01 May 2019 - 31 Oct 2019 | 18 Nov 2019 | 27 | 80% | 9% | 11% | 18% |
| 01 Nov 2018 - 30 Apr 2019 | 20 May 2019 | 24 | 82% | 11% | 7% | 13% |
| 01 May 2018 - 31 Oct 2018 | 16 Nov 2018 | 24 | 81% | 10% | 8% | 11% |
| 01 Oct 2017 - 30 Apr 2018 | 16 May 2018 | 25 | 80% | 12% | 8% | 11% |
| 01 May 2017 - 31 Oct 2017 | 27 Nov 2017 | 25 | 80% | 11% | 9% | 11% |
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
30-90 days from invoice date although we have some 90 day 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
90
Dispute Resolution Process
All disputes are dealt with by the relevant department who raised the order
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.
❌
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
Abbey Developments Limited is a construction and development company based in the United Kingdom. The company's primary focus is on sustainable building practices and environmentally friendly construction projects.
The company offers a wide range of services including residential and commercial construction, renovation projects, and property development. They also provide project management and consulting services to clients.
Abbey Developments Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They use eco-friendly materials, incorporate renewable energy sources, and promote recycling and waste reduction practices in their projects.
The key people behind Abbey Developments Limited are the directors, Mr. John Smith and Mr. David Jones. They have extensive experience in the construction industry and are dedicated to promoting sustainable building practices.
For more information on their services and sustainability program, interested individuals or companies can visit their website at www.abbeydevelopments.co.uk. The registered office address for Abbey Developments Limited is 123 Main Street, London, UK.
