Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 90.7/100 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 2024 - 30 Jun 2024 | 29 Jul 2024 | 19 | 88% | 11% | 1% | 14% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 20 | 88% | 11% | 1% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 23 | 79% | 18% | 3% | 31% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 23 | 80% | 16% | 4% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 25 | 76% | 19% | 5% | 37% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Purchase invoice payment terms Wilson Bowden Developments Ltd’s standard supplier payment terms are ’30 days EOM’, which requires payment to be made to the supplier on last day of the month following the one in which the invoice is dated, unless otherwise provided within the order. If Wilson Bowden Developments Ltd has not been correctly invoiced, payment shall be made on the last Working Day of the month following the month in which Wilson Bowden Developments Ltd has been correctly invoiced. Subcontract order payment terms The Contractor shall be entitled to interim payments during the course of the Works either on a monthly or bimonthly basis as set out in the Order. In the event that the basis is not set out in the Order the interim payments shall be on a monthly basis. Payment of any amount ascertained in accordance with the Contract under an Interim Application (if any) to the Contractor shall become due 28 days after the Application Date ("Payment Due 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
60
If a dispute arises between the parties, the parties will attempt, in good faith, to reach settlement as soon as possible between the Wilson Bowden Contact and the Supplier Contact (who shall be authorised to settle such a dispute). This dispute resolution procedure will be followed prior to commencing any legal proceedings. The Supplier agrees that it is only permitted to contact Wilson Bowden Contacts.
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
Wilson Bowden Developments Limited is a UK registered company incorporated in 1969, previously named Bowden Park Holdings Limited and later Wilson Bowden Properties Limited before adopting its current name. Companies House records its nature of business under SIC code 41201, construction of commercial buildings, indicating the entity operates within commercial property construction and development activity. It is registered at an address associated with the Barratt group of companies, suggesting it functions as part of that wider corporate group's development operations rather than as an independent standalone trading brand. No further detail on specific projects, services or trading activity is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk