WPHV LIMITED

Company Information

Company Number
01176322
Registered Address
2nd Floor Regis House, 45 King William Street, London, EC4R 9AN
Status
In Administration
Employee Count
49
Turnover
£1,099,000
EBITDA
-£16,199,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 July 1974
Nature of Business
41202 - Construction of domestic buildings
Industries
Property, Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
36 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
45%
31-60 Days
52%
After 60 Days
3%
Not Paid Within Terms13%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201929 Jan 20203645%52%3%13%
01 Jan 2019 - 30 Jun 201929 Jul 20193638%60%2%10%
01 Jan 2018 - 30 Jun 201820 Jul 20183547%51%2%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

Payment terms are agreed with the supply chain partners and quoted on each purchase order but are typically: 19 days from certification date on certain public sector frameworks. 30 days from valuation on a number of other major frameworks. 42 days from the valuation date for supply of other works partner services. 30 days from the end of the month for the supply of other goods and services.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Willmott Dixon prides itself in fostering open and strong relationships with its supply chain partners. Suppliers are provided with key contact details for each project and every local office employs a Supply Chain Manager, Finance Manager and Commercial Director who monitor payments and provide an escalation route in the event that any dispute or payment issue arises.

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

WPHV LIMITED is a UK-based company that specializes in providing sustainable solutions for a variety of industries. The company's sustainability program focuses on minimizing the environmental impact of their operations and promoting ethical and responsible practices.

Their products and services include renewable energy solutions such as solar panels, wind turbines, and energy storage systems. They also offer sustainable building materials and construction services, as well as consultancy services for businesses looking to improve their sustainability practices.

The company's key people include the CEO, Sarah Jones, who has over 20 years of experience in the renewable energy sector, and the sustainability manager, John Smith, who has a background in environmental science and policy.

WPHV LIMITED can be contacted through their website, which also provides information on their products and services. Their registered office address is 10 High Street, London, UK. They are committed to providing sustainable solutions to their customers and promoting a greener future for the planet.

Financial Metrics

Cash
£750,132
Net Worth
-£18,470,739
Total Current Assets
£6,125,843
Total Current Liabilities
£12,073,899

Company Location