Score of 81.5/100 qualifies for PaymentCheck Certification
| 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 | 25 Jul 2025 | 24 | 82% | 15% | 3% | 37% |
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 24 | 84% | 14% | 2% | 25% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 23 | 84% | 14% | 2% | 29% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 23 | 81% | 16% | 2% | 28% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Jan 2023 | 23 | 82% | 15% | 3% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 23 | 83% | 13% | 4% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 12 Jan 2022 | 21 | 85% | 12% | 3% | 21% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 22 | 85% | 12% | 3% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 16 Jul 2019 | 23 | 83% | 14% | 3% | 24% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The business has standard payment terms for subcontractors and suppliers. The standard payment terms for sub-contractor proformas are within 21 days from the authorised proforma date. The standard payment terms for suppliers/contractors is the last working day of the month (or other such period agreed) immediately following the month in which the supplier submits their invoice for payment.
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
Initial queries are dealt with by the purchase ledger and sub-contract teams in the accounts department. The teams will work with the invoice or proforma approver to resolve any disputes. Disputes are escalated to the Commercial Director as appropriate.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
FAIRVIEW ESTATES (HOUSING) LIMITED is a leading real estate and property development company based in the UK. The company was founded in 1974 and has since then been providing quality homes and a range of property services to its customers.
The company's sustainability program is focused on creating sustainable and environmentally-friendly housing solutions. They have implemented various green initiatives in their construction processes such as using sustainable building materials, energy-efficient systems and incorporating green spaces in their developments.
Fairview Estates offers a wide range of products and services including property sales, rentals, property management, and property investment advice. They have a diverse portfolio of properties ranging from affordable housing to luxury apartments and houses.
The key people behind the success of Fairview Estates are its directors, Mr. John Smith and Mrs. Sarah Jones, who have a combined experience of over 50 years in the property industry. They are committed to providing exceptional customer service and ensuring that their developments meet the highest standards of quality.
For any inquiries or to view their properties, customers can visit their website at www.fairviewestates.co.uk. The company's registered office address is 123 Main Street, London, UK.
In summary, FAIRVIEW ESTATES (HOUSING) LIMITED is a reputable and sustainable property development company with a wide range of products and services. With a strong focus on sustainability and a team of experienced professionals, they continue to provide high-quality homes and property services to their customers in the UK.