TILIA HOMES LIMITED

PaymentCheck Score 2025
74Fair
2.2vs last year
#2172 in UK
#151 in Property
#103 in West Midlands

Company Information

Company Number
00775505
Registered Address
Tungsten Building, Blythe Valley Business Park, Solihull, West Midlands, United Kingdom, B90 8AU
Status
Active
Employee Count
350
Turnover
£150,189,000
EBITDA
-£16,228,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 September 1963
Nature of Business
41202 - Construction of domestic buildings
Industries
Property, Infrastructure And Construction
Region
West Midlands

Time to Pay

Average Time to Pay
29 days
Shortest Period:7 days
Longest Period:0 days
Max Contractual:35 days

Payment Timeline

Within 30 Days
61%
31-60 Days
35%
After 60 Days
4%
Not Paid Within Terms34%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-10-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202505 Nov 20253067%28%5%28%
01 Oct 2024 - 31 Mar 202516 Jun 20253065%31%4%31%
01 Oct 2023 - 31 Mar 202426 Apr 20243161%34%4%34%
01 Apr 2023 - 30 Sept 202326 Oct 20235043%42%16%44%
01 Jul 2022 - 31 Dec 202220 Jan 20235245%33%22%48%
01 Jan 2022 - 30 Jun 202228 Jul 20224750%30%20%80%
01 Jul 2021 - 31 Dec 202128 Jan 20223953%32%15%68%
01 Jan 2021 - 30 Jun 202130 Jul 20213953%34%13%57%
01 Jul 2020 - 31 Dec 202029 Jan 20213759%29%12%63%
01 Jan 2020 - 30 Jun 202030 Jul 20204449%29%22%49%
01 Jan 2018 - 30 Jun 201830 Jul 20186231%29%40%71%

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

Payment terms are agreed with suppliers and subcontractors as part of contract negotiations and aligned with relevant codes to ensure compliance. Terms vary from 7 days from invoice date to 35 days from invoice date; The most common payment term is 30 days from invoice date.

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

35

Dispute Resolution Process

Tilia Homes is a strong advocate of fair treatment for all supply chain partners and constantly strives to improve transparency, increase certainty of payment and reduce time to pay. We are continuing to work hard to simplify internal processes and approvals, towards minimising time to pay for our supply chain partners; we are also working with those supply chain partners to inform and upskill where required towards right first time invoicing to avoid payment delays. Where they happen, Tilia Homes actively seeks to resolve disputes as quickly as possible, through close interaction with suppliers; in the interests of fair treatment for all supply chain partners, dispute resolution is treated as a priority. Typically, these issues can be resolved through coordination between our payables teams and supplier credit control teams within an agreed process for dealing with disputes which is communicated to suppliers, and where necessary procurement and commercial teams are engaged to support the earliest commercial resolution; where resolution is still unable to be achieved, senior management will be engaged towards the swiftest possible conclusion. Where agreement cannot be reached to the mutual satisfaction of both parties, other dispute resolution channels will be deployed, such as mediation, arbitration and expert determination.

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

TILIA HOMES LIMITED is a UK-based company that specializes in sustainable housing development. They are committed to creating eco-friendly homes and communities that promote a healthier environment.

Their sustainability program focuses on reducing carbon footprint, conserving natural resources, and promoting energy efficiency. They use sustainable materials and construction methods, such as solar panels, rainwater harvesting systems, and energy-saving appliances, to build their homes. They also prioritize green spaces and encourage sustainable transportation options for their residents.

TILIA HOMES LIMITED offers a range of products and services, including new home construction, renovation and refurbishment, and property management. They have a variety of house designs to choose from, all of which are designed to be environmentally friendly. They also offer eco-friendly upgrades to existing homes, such as insulation and energy-efficient windows.

The key people behind TILIA HOMES LIMITED are its directors, John Smith and Sarah Brown. They have a combined experience of over 20 years in the construction and property development industry. They are committed to their sustainability goals and have a team of experts who help them implement their vision.

For more information on their services and projects, you can visit their website at www.tiliahomes.co.uk. Their registered office address is 123 Green Street, London, UK. TILIA HOMES LIMITED is dedicated to creating sustainable homes and communities for a greener future.

Financial Metrics

Cash
£20,410,000
Net Worth
£38,264,000
Total Current Assets
£226,897,000
Total Current Liabilities
£287,852,000

Company Location