VISTRY HOMES LIMITED

PaymentCheck Score 2025
48Poor
6.3vs last year
#3743 in UK
#281 in Property
#622 in South East

Company Information

Company Number
00397634
Registered Address
11 Tower View, Kings Hill, West Malling, United Kingdom, ME19 4UY
Status
Active
Employee Count
4,569
Turnover
£1,688,500,000
EBITDA
£103,100,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 August 1945
Nature of Business
68100 - Buying and selling of own real estate
Industries
Property, Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
46 days
Shortest Period:0 days
Longest Period:91 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
24%
31-60 Days
60%
After 60 Days
16%
Not Paid Within Terms52%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20254830%58%12%47%
01 Jul 2024 - 31 Dec 202429 Jan 20254624%60%16%52%
01 Jan 2024 - 30 Jun 202428 Jul 20245718%61%21%48%
01 Jul 2023 - 31 Dec 202330 Jan 20244621%63%16%37%
01 Jan 2022 - 30 Jun 202229 Jul 20224626%57%17%38%
01 Jul 2021 - 31 Dec 202128 Jan 20224427%58%15%35%
01 Jan 2021 - 30 Jun 202128 Jul 20214436%49%15%31%
01 Jul 2020 - 31 Dec 202008 Feb 20214043%43%14%37%
01 Jan 2020 - 30 Jun 202014 Aug 20204830%48%22%37%
01 Jul 2019 - 31 Dec 201931 Jan 20203840%52%9%33%
01 Jan 2018 - 30 Jun 201831 Jul 20182968%22%10%26%

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

Where payment relates to services provided by a subcontractor, payment of any sum ascertained as due in accordance with Vistry’s Trade Contract Terms & Conditions shall become due 14 days after the application date (the “payment due date”). The final date for payment is 14 days after the payment due date (i.e. 30 days from the application date). Where the payment relates to goods or services the terms differ and are required to be paid the month after the month of the date of the invoice, unless agreed otherwise.

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

61

Dispute Resolution Process

Dispute resolution is a three step process that starts with the dispute being referred to the relevant Manager within the business. Vistry and the Vendor will then seek to settle the dispute by negotiation. If the dispute is not resolved it shall be referred to expert determination.

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

Vistry Homes Limited is a UK-based company that specializes in the development and construction of sustainable homes. They are committed to creating environmentally-friendly and energy-efficient properties that meet the needs and expectations of their customers.

The company offers a range of products and services including new home construction, property sales, and rental properties. They also provide a variety of options for customers to personalize their homes, such as interior design choices and energy-efficient upgrades.

Vistry Homes Limited has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. This includes using sustainable materials in their construction, implementing energy-efficient technologies, and promoting recycling and waste reduction.

The key people behind Vistry Homes Limited are CEO Greg Fitzgerald and Executive Chairman Peter Redfern, both of whom have extensive experience in the construction and property development industry.

The company's website (https://www.vistrygroup.co.uk/vistry-homes/) provides information on their current developments, available properties, and sustainability efforts. Their registered office address is located at 11 Tower View, Kings Hill, West Malling, Kent, ME19 4UY.

Financial Metrics

Cash
£320,636,000
Net Worth
£633,310,000
Total Current Assets
£2,443,089,000
Total Current Liabilities
£1,907,187,000

Company Location