JONES HOMES (NORTH WEST) LIMITED
Company Information
- Company Number
- 00626625
- Registered Address
- Emerson House, Heyes Lane, Alderley Edge, Cheshire, SK9 7LF
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 April 1959
- Nature of Business
- 41202 - Construction of domestic buildings68100 - Buying and selling of own real estate
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
JONES HOMES (NORTH WEST) LIMITED demonstrates an average payment time of 30 days, with 60% of invoices settled within this period. However, a significant 39% of payments extend beyond 30 days, including 6% that take over 60 days, indicating a consistent trajectory of delayed payments for a notable portion of transactions.
Volatility Analysis
The distribution of payments indicates moderate predictability, with 60% being punctual but a substantial 39% extending beyond 30 days. Specifically, the 13% of payments consistently classified as late, alongside 6% exceeding 60 days, introduces a clear risk factor for cash flow management and collection efforts.
Summary Analysis
Overall, JONES HOMES presents moderate payment risk; while 60% of invoices are timely, suppliers should prepare for potential delays impacting nearly 40% of transactions. Key decision factors include assessing your capacity to absorb potential cash flow gaps, particularly for the 13% of consistently late payments. Risk mitigation strategies could involve adjusting credit terms, incorporating potential delays into financial planning, or negotiating early payment incentives.
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 May 2021 - 31 Oct 2021 | 12 Jan 2022 | 30 | 60% | 33% | 6% | 13% |
| 01 Nov 2020 - 30 Apr 2021 | 27 May 2021 | 29 | 65% | 29% | 6% | 13% |
| 01 May 2020 - 31 Oct 2020 | 14 Dec 2020 | 28 | 67% | 27% | 6% | 18% |
| 01 Nov 2019 - 30 Apr 2020 | 03 Jun 2020 | 19 | 78% | 21% | 1% | 17% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 20 | 60% | 39% | 1% | 17% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 23 | 46% | 51% | 2% | 1% |
| 01 May 2018 - 31 Oct 2018 | 30 Nov 2018 | 23 | 44% | 54% | 2% | 3% |
| 01 Nov 2017 - 30 Apr 2018 | 21 May 2018 | 23 | 44% | 54% | 2% | 6% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 25 | 44% | 49% | 7% | 25% |
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
We have a mix of payment terms ranging from 14 days for utilities to end of month plus 30 days for some 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
61
Dispute Resolution Process
Disputes are managed by the purchase ledger and subcontract clerks with the suppliers/subcontractors to get a resolution. If the dispute cannot be resolved this is then passed to our legal department to review and advise on accordingly, before they take over the dispute.
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
JONES HOMES (NORTH WEST) LIMITED is an active private limited company specialising in the development and construction of residential properties. Its name indicates a core focus on building homes, with operations concentrated within the North West region.
The company was incorporated on 24 April 1959 and is registered under company number 00626625. Its registered office is located at Emerson House, Heyes Lane, Alderley Edge, Cheshire, SK9 7LF, solidifying its base in the North West of England.
In the UK market, a company of this type typically engages in the acquisition of land, planning, and subsequent construction of new houses and other residential dwellings. This involves developing various housing schemes, from small-scale projects to larger housing estates, for sale to the public.
