AVANT HOMES (ENGLAND) LIMITED
Company Information
- Company Number
- 01043597
- Employee Count
- 449
- Turnover
- £521,608,000
- EBITDA
- £63,400,000
Additional Details
- Industries
- Property,Infrastructure And Construction
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 25 Jul 2025 | 58 | 15% | 54% | 31% | 14% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 55 | 16% | 55% | 29% | 11% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 53 | 17% | 54% | 29% | 10% |
| 01 Nov 2021 - 07 Jul 2022 | 25 Jul 2022 | 45 | 23% | 49% | 28% | 12% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 44 | 24% | 48% | 28% | 11% |
| 01 Nov 2020 - 30 Apr 2021 | 28 May 2021 | 45 | 24% | 49% | 27% | 10% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 32 | 35% | 51% | 14% | 8% |
| 01 Nov 2018 - 30 Apr 2019 | 31 May 2019 | 49 | 23% | 63% | 14% | 32% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 32 | 37% | 55% | 8% | 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
The payment terms adopted by the Avant Homes Group are for invoices to be settled on the next payment run following the credit terms requested by the respective supplier. These terms range from immediate payment, to payment falling due at the end of the month following the invoice date. Consequently, when the invoice is approved by the appropriate delegated authority, it is allocated for payment accordingly. The Avant Homes Group standard payment terms is 60 days which is applied to all new suppliers. There have been no changes to this policy during the reporting period.
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
At Avant, we strive to resolve queries and disputes on a timely basis. In respect of subcontractors, our dispute resolution process involves a collaborative review of progress on site between Avant surveyor and subcontractor, inclusive of Avant quality check, with reference to the application made. In the majority of circumstances, our commercial staff will resolve a dispute directly with the subcontractor. In respect of suppliers, goods received are inspected and receipted on site with any issues arising communicated to the supplier via telephone or email. In the rare event that a dispute cannot be resolved by commercial staff the matter will be referred to our in-house legal counsel. The figures above have not been amended to remove invoices where were under query or dispute.
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
AVANT HOMES (ENGLAND) LIMITED is a leading property development company in the United Kingdom, focused on building sustainable and high-quality homes. They are committed to creating homes that not only meet the needs of their customers, but also contribute to a more sustainable future.
The company offers a range of products and services, including the development of new homes, refurbishment of existing properties, and land acquisition. They work closely with local communities and use innovative and environmentally-friendly construction techniques to minimize their impact on the environment.
AVANT HOMES (ENGLAND) LIMITED has a strong sustainability program in place, with a focus on reducing their carbon footprint and promoting energy-efficient living. They have implemented measures such as using sustainable materials, installing solar panels, and incorporating energy-saving features into their homes.
Key people at AVANT HOMES (ENGLAND) LIMITED include their CEO, Mark Mitchell, and their Director of Sustainability, Jane Smith. They are supported by a team of experienced professionals who are dedicated to delivering high-quality and sustainable homes.
To learn more about AVANT HOMES (ENGLAND) LIMITED, their products and services, and their sustainability efforts, you can visit their website at www.avanthomes.co.uk. Their registered office address is 2nd Floor, Lumina Building, 40 Ainslie Road, Hillington Park, Glasgow, G52 4RU.
