BELLWAY HOMES LIMITED
Company Information
- Company Number
- 00670176
- Registered Address
- Woolsington House, Woolsington, Newcastle Upon Tyne, England, NE13 8BF
- Status
- Active
- Employee Count
- 3,130
- Turnover
- £3,406,500,000
- EBITDA
- £515,700,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 September 1960
- Nature of Business
- 41202 - Construction of domestic buildings
- Industries
- Property,Infrastructure And Construction
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows that the average time taken for BELLWAY HOMES LIMITED to pay their invoices has been fluctuating over the past six years. However, there is a slight downward trend, with the average time decreasing from 35 days in 2020 to 30 days in 2023.
Volatility Analysis
The data also indicates that there has been a significant amount of volatility in the percentage of invoices paid within 30 days. In 2020, only 50% of invoices were paid within 30 days, but this increased to 60% in 2021 before decreasing again to 62% in 2023.
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 Feb 2025 - 31 Jul 2025 | 07 Nov 2025 | 30 | 61% | 37% | 2% | 16% |
| 01 Aug 2023 - 31 Jan 2024 | 28 Feb 2024 | 30 | 63% | 35% | 2% | 19% |
| 01 Feb 2023 - 31 Jul 2023 | 24 Aug 2023 | 30 | 62% | 36% | 2% | 13% |
| 01 Aug 2022 - 31 Jan 2023 | 01 Mar 2023 | 28 | 65% | 33% | 2% | 16% |
| 01 Feb 2022 - 31 Jul 2022 | 31 Aug 2022 | 29 | 64% | 33% | 3% | 16% |
| 01 Aug 2021 - 31 Jan 2022 | 23 Feb 2022 | 30 | 60% | 36% | 4% | 22% |
| 01 Feb 2021 - 31 Jul 2021 | 27 Aug 2021 | 31 | 58% | 39% | 3% | 20% |
| 01 Aug 2020 - 31 Jan 2021 | 26 Feb 2021 | 35 | 50% | 45% | 5% | 23% |
| 01 Feb 2020 - 31 Jul 2020 | 26 Aug 2020 | 34 | 55% | 37% | 8% | 48% |
| 01 Aug 2019 - 31 Jan 2020 | 04 Mar 2020 | 25 | 77% | 18% | 5% | 40% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Aug 2019 | 26 | 76% | 19% | 5% | 33% |
| 01 Aug 2018 - 31 Jan 2019 | 28 Feb 2019 | 25 | 78% | 19% | 3% | 37% |
| 01 Feb 2018 - 31 Jul 2018 | 30 Aug 2018 | 23 | 88% | 10% | 2% | 35% |
| 01 Aug 2017 - 31 Jan 2018 | 28 Feb 2018 | 23 | 87% | 11% | 2% | 31% |
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
Subcontractors – subcontractors are required to make applications for payment within the applicable applications window. Subcontractors may make bi-monthly or monthly applications for payment as set out in the order. Where no frequency of applications is set out in the order, the subcontractor may only make monthly applications for payment. When the application for payment is received within the application window, payment will be made within 30 days of the date of receipt of the application. Suppliers/consultants – Payment of each invoice is either: at the end of the calendar month after the month during which the relevant and properly prepared and submitted invoice is received by Bellway; or 30 days from receipt by Bellway of a valid and properly submitted VAT invoice. The payment term for suppliers and subcontractors with less than 50 employees is 30 days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
When there are queries or if a dispute arises between the parties, Bellway will attempt to resolve them as soon as possible with the other party. If a dispute is not being resolved in a timely manner this will be escalated by Bellway to ensure a fair resolution is achieved.
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
Bellway Homes Limited is a UK-based residential property developer that specializes in building new homes. The company was founded in 1946 and is headquartered in Newcastle upon Tyne.
The main activities of Bellway Homes Limited include acquiring land, obtaining planning permission, and constructing quality homes for sale. They operate across England, Scotland and Wales, with a focus on delivering affordable, sustainable and energy-efficient homes.
Bellway Homes Limited is committed to sustainability and has a number of initiatives in place to reduce their environmental impact. They aim to use sustainable materials in their construction, install energy-efficient features in their homes, and promote sustainable living practices to their customers.
Their products and services include a wide range of new homes, from one-bedroom apartments to spacious family houses. They also offer customization options, such as kitchen and bathroom upgrades, to meet the individual needs of their customers.
The key people at Bellway Homes Limited include Jason Honeyman, the Chief Executive Officer, and Paul Hampson, the Group Finance Director. They lead a team of experienced professionals who are dedicated to delivering high-quality homes to their customers.
The company's website address is www.bellway.co.uk, where customers can find information about their current developments, available homes, and contact details. Their registered office address is Bellway House, Woolsington, Newcastle upon Tyne, NE13 8AW.
In summary, Bellway Homes Limited is a reputable residential property developer with a focus on sustainability and delivering affordable, energy-efficient homes. Their range of new homes and customization options cater to the diverse needs of their customers. With a strong leadership team and commitment to sustainability, Bellway Homes Limited continues to be a leading player in the UK housing market.
