MORRIS HOMES (NORTH) LIMITED
Company Information
- Company Number
- 00798123
- Registered Address
- Morland House, Altrincham Road, Wilmslow, SK9 5NW
- Status
- Active
- Employee Count
- 78
- Turnover
- £52,292,000
- EBITDA
- £97,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 March 1964
- Nature of Business
- 41202 - Construction of domestic buildings
- Industries
- Property, Infrastructure And Construction
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time for Morris Homes is 43 days, indicating a consistent tendency to pay beyond standard 30-day terms. A significant majority (49%) pay within 31-60 days, establishing a clear trend of payment cycles extending into the second month. While 33% pay promptly, the combined 67% paying after 30 days signifies a prevalent pattern of extended payment periods.
Volatility Analysis
The 18% of payments exceeding 60 days introduces a notable degree of unpredictability for cash flow planning. While only 7% are formally categorized as "late," the high percentage of payments stretching beyond 30 and 60 days signals potential variability in receiving timely funds. Suppliers should anticipate longer payment cycles and account for a portion of payments extending significantly beyond typical terms.
Summary Analysis
Overall, suppliers should expect payments from Morris Homes to typically arrive between 31 and 60 days, exceeding common 30-day terms. It is crucial to factor in the 43-day average and the 18% likelihood of payments exceeding 60 days when establishing credit terms and managing cash flow. To mitigate risk, consider negotiating payment terms that align with their typical payment window or adjusting pricing to cover the extended payment period.
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 Nov 2024 - 30 Apr 2025 | 04 Jun 2025 | 43 | 33% | 49% | 18% | 7% |
| 01 May 2024 - 31 Oct 2024 | 27 Nov 2024 | 41 | 29% | 54% | 17% | 10% |
| 01 Nov 2023 - 30 Apr 2024 | 30 May 2024 | 43 | 37% | 47% | 17% | 13% |
| 01 May 2023 - 31 Oct 2023 | 28 Nov 2023 | 43 | 32% | 49% | 19% | 15% |
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 43 | 37% | 45% | 18% | 14% |
| 01 May 2022 - 31 Oct 2022 | 01 Dec 2022 | 44 | 30% | 49% | 21% | 12% |
| 01 Nov 2021 - 30 Apr 2022 | 30 May 2022 | 40 | 38% | 45% | 17% | 7% |
| 01 May 2021 - 31 Oct 2021 | 22 Nov 2021 | 44 | 35% | 47% | 18% | 9% |
| 01 Nov 2020 - 30 Apr 2021 | 25 May 2021 | 44 | 37% | 44% | 19% | 10% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 45 | 38% | 42% | 20% | 16% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 47 | 31% | 46% | 23% | 10% |
| 01 May 2019 - 31 Oct 2019 | 26 Nov 2019 | 46 | 27% | 50% | 23% | 10% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 46 | 31% | 46% | 23% | 13% |
| 01 May 2018 - 31 Oct 2018 | 29 Nov 2018 | 45 | 26% | 51% | 23% | 13% |
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
Our standard payment terms for subcontractors are 39 days after the accounting month end. This is provided a valid application is received no later than the 5th working day following the accounting month end. Terms for a limited number of smaller subcontractors with a high labour element are 7 days following the end of each working week. This is provided a valid application is submitted in a timely manner. Our standard payment terms for suppliers are 30 days or 30 days net monthly (30 days from the end of the month of the 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
91
Dispute Resolution Process
Queries or disputes should be raised with the Site Manager or Purchasing Manager in the first instance. Disputes can be escalated up the management chain if subsequently required. In respect of construction contracts, Morris or the subcontractor may refer any dispute to adjudication to be determined under the Scheme for Construction Act Regulations 1996. If the dispute cannot be resolved in accordance with normal procedures and whether there has been adjudication or otherwise the dispute will be determined by litigation in the courts of England adopting English law.
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.
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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?
❌
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
Morris Homes (North) Limited is an active private limited company specialising in home building. Its name indicates a clear focus on residential property development.
Registered as company number 00798123, the company was incorporated on 25 March 1964. Its registered office is located at Morland House, Altrincham Road, Wilmslow, SK9 5NW, operating within the North West region.
Typically, a company of this nature in the UK market develops and builds new residential properties. This includes the construction of houses and apartments for sale to private buyers, alongside associated land acquisition and site preparation.
