WILSON BOWDEN DEVELOPMENTS LIMITED
Company Information
- Company Number
- 00948402
- Registered Address
- Barratt House, Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leics, LE67 1UF
- Status
- Active
- Employee Count
- 12
- Turnover
- £62,550,000
- EBITDA
- £15,990,000
Additional Details
- Website
- https://wbdevelopments.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 20 February 1969
- Nature of Business
- 41201 - Construction of commercial buildings
- Industries
- Property,Infrastructure And Construction
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
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 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 19 | 88% | 11% | 1% | 14% |
| 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% |
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
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
Dispute Resolution Process
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.
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
Wilson Bowden Developments Limited is a British property development company that specializes in the construction of sustainable and environmentally-friendly buildings. Founded in 1961, the company has a long-standing reputation for delivering high-quality and innovative projects across the UK.
The company's sustainability program is a core focus and is integrated into all aspects of their operations. They strive to minimize the environmental impact of their projects through the use of sustainable materials, energy-efficient technologies, and waste reduction strategies. They also prioritize the well-being of the local communities and aim to create sustainable and livable spaces for people to live and work in.
Wilson Bowden Developments Limited offers a range of products and services including commercial and residential developments, urban regeneration, and mixed-use projects. They work closely with their clients to deliver tailor-made solutions that meet their specific needs and requirements.
The key people behind the success of the company include David Wilson, the founder and chairman, and Matthew Wilson, the current CEO. Both have extensive experience in the property development industry and are committed to driving the company's sustainability goals forward.
For more information on Wilson Bowden Developments Limited and their projects, you can visit their website at www.wilsonbowden.co.uk. Their registered office address is Wilson House, Smith Way, Grove Park, Enderby, Leicester, LE19 1SX.
