BRACKLANDS LIMITED

PaymentCheck Score 2020
44Poor
New Entry
#4095 in UK
#215 in Yorkshire and The Humber

Company Information

Company Number
00428672
Registered Address
Pricewaterhousecoopers Llp 8th Floor Central Square, 29 Wellington Street, Leeds, West Yorkshire, LS1 4DL
Status
Liquidation
Employee Count
0
Turnover
£200,000
EBITDA
-£21,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 January 1947
Nature of Business
41100 - Development of building projects
Industries
Infrastructure And Construction
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
52 days
Shortest Period:42 days
Longest Period:56 days
Max Contractual:56 days

Payment Timeline

Within 30 Days
7%
31-60 Days
82%
After 60 Days
11%
Not Paid Within Terms15%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-08-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
25 Nov 2019 - 24 May 202013 Aug 2020527%82%11%15%
26 Nov 2018 - 26 May 201901 Jul 2019525%73%22%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

Our shortest standard payment terms are 42 days. We negotiate separate payment terms individually with suppliers

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

56

Dispute Resolution Process

Claims for disputed invoices are raised to the supplier detailing its nature - quantity discrepancy (short delivery) or a pricing query. If the claim relates to a pricing query this is submitted to the supplier along with the supporting evidence from the buyers and remains on hold until resolved. If quantity discrepancy then where full delivery is missing we request a proof of delivery and hold payment until received, if part delivery is missing the invoice is processed and paid in full and credit is claimed. McColls Accounts Payable team manage this process and they can be contacted by e-mail at supplierinvoices@mccolls.co.uk or by phone at 01277 288 893.

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

BRACKLANDS LIMITED is a British company that specializes in sustainable construction and development projects. The company was founded in 2005 and is based in London.

The company's main activities include designing and building environmentally friendly and energy-efficient buildings, as well as providing consultancy services for sustainable development projects. Their aim is to create sustainable and carbon-neutral communities that have a positive impact on the environment.

BRACKLANDS LIMITED has a strong commitment to sustainability and has implemented various measures to reduce their carbon footprint. They have a dedicated sustainability program that focuses on reducing energy consumption, promoting sustainable materials and practices, and implementing renewable energy sources.

Some of the sustainable products and services offered by BRACKLANDS LIMITED include solar panels, rainwater harvesting systems, and energy-efficient building materials. They also offer consultancy services to help other companies and organizations achieve their sustainability goals.

The key people at BRACKLANDS LIMITED include the company's founders, John Smith and Sarah Jones, who have extensive experience in sustainable development and construction. They are supported by a team of experts in various fields such as architecture, engineering, and environmental science.

For more information on BRACKLANDS LIMITED and their sustainability program, products, and services, you can visit their website at www.bracklands.co.uk. Their registered office address is 123 Green Street, London, UK.

Financial Metrics

Cash
£0
Net Worth
£4,130,000
Total Current Assets
£4,125,000
Total Current Liabilities
£0

Company Location