BARRATT REDROW PLC
Company Information
- Company Number
- 00604574
- Registered Address
- Barratt House Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leicestershire, LE67 1UF
- Status
- Active
- Employee Count
- 7,031
- Turnover
- £5,321,400,000
- EBITDA
- £736,400,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 14 May 1958
- Nature of Business
- 41201 - Construction of commercial buildings
- Industries
- Property,Infrastructure And Construction
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
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 Jan 2025 - 30 Jun 2025 | 14 Aug 2025 | 26 | 70% | 28% | 2% | 33% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 31 | 79% | 18% | 3% | 17% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 27 | 68% | 31% | 1% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 24 | 78% | 20% | 2% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 24 | 66% | 32% | 2% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 22 | 73% | 26% | 1% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 26 | 67% | 31% | 2% | 19% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 26 | 65% | 32% | 3% | 17% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 22 | 74% | 25% | 1% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 24 | 73% | 24% | 3% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 23 | 74% | 25% | 1% | 18% |
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
In respect of any contracts for goods and/or services where Barratt Redrow PLC is the contracting entity it will pay for such goods/services on the last working day of the month following the month in which the goods and services are delivered provided always that it has been correctly invoiced by the Supplier and has received the invoice by the last working day of the month in which the goods/services were delivered. If PLC has not been correctly invoiced by this date, payment shall be made on the last working day of the month following the month in which it has been correctly invoiced by the supplier.
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
60
Dispute Resolution Process
For both PLC and BDW contracts, if a dispute arises between the parties, the parties will attempt, in good faith, to reach settlement as soon as possible between the PLC or BDW Contact and the Supplier Contact (who shall be authorised to settle such a dispute). This dispute resolution procedure will be followed prior to commencing any legal proceedings.
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
Barratt Developments P L C is a leading UK-based residential property development company
Founded in 1958, it has grown to become one of the largest and most successful housebuilders in the country.\n\nThe company's core activities include acquiring land, obtaining planning permission, and constructing high-quality homes for sale
They have a diverse portfolio of projects ranging from small apartments to large family homes, catering to a wide range of customers.\n\nBarratt Developments is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact
This includes using sustainable materials in their construction, implementing energy-efficient designs, and promoting sustainable living to their customers.\n\nTheir flagship sustainability program, known as "Building a Better Barratt," focuses on four key areas: environmental sustainability, customer satisfaction, employee well-being, and community engagement
Through this program, the company aims to reduce carbon emissions, promote green spaces, and support local charities and community projects.\n\nThe company is led by a team of experienced and dedicated professionals, including the CEO David Thomas, who has been with Barratt since 1987
They are supported by a workforce of over 6,000 employees, who are committed to delivering high-quality homes and exceptional customer service.\n\nBarratt Developments has a strong online presence, with their official website (www.barrattdevelopments.co.uk) providing comprehensive information about their products, services, and sustainability efforts
The company's registered office address is Barratt House, Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leicestershire, LE67 1UF.\n\nIn conclusion, Barratt Developments P L C is a reputable and sustainable property development company, offering a wide range of high-quality homes and committed to making a positive impact on the environment and the community
