MATTHEW HOMES LIMITED

Company Information

Company Number
01210027
Registered Address
Pendragon House, 65 London Road, St.Albans, AL1 1LJ
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
29 April 1975
Nature of Business
41202 - Construction of domestic buildings
Industries
Coming Soon
Region
East of England

Time to Pay

Average Time to Pay
21 days
Shortest Period:3 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
76%
31-60 Days
23%
After 60 Days
1%
Not Paid Within Terms1%

Payment Features

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

Company Review

Trend Analysis

MATTHEW HOMES LIMITED demonstrates a strong trend of timely payments, with an impressive average payment time of 21 days. A significant 76% of invoices are settled within 30 days, indicating consistent adherence to prompt payment practices. While 23% fall into the 31-60 day bracket, the trajectory for the vast majority remains well within acceptable supplier terms.

Volatility Analysis

The payment behavior of MATTHEW HOMES LIMITED is highly reliable, with over three-quarters of payments consistently made within a 30-day window. Predictability is strong, as only a very small 1% of invoices extend beyond 60 days, significantly minimizing severe cash flow disruptions. This low incidence of extreme lateness (1% over 60 days) suggests minimal volatility and a low overall payment risk for suppliers.

Summary Analysis

Based on the consistent prompt payment behavior, MATTHEW HOMES LIMITED is assessed as a low payment risk for suppliers. Key decision factors include their average 21-day payment and the high probability (76%) of settlement within 30 days, ensuring reliable cash flow. While a small percentage extends to 31-60 days, no specific mitigation strategies beyond standard credit terms appear necessary given the minimal extreme lateness.

Performance Reports History

Reporting Period Filed: 2025-11-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2025 - 31 Oct 202518 Nov 20252176%23%1%1%
01 May 2025 - 30 Sept 202517 Oct 20252176%23%1%2%
01 Apr 2025 - 30 Apr 202517 Oct 20252762%36%2%0%
01 Oct 2024 - 31 Mar 202524 Apr 20252382%16%2%3%
01 Apr 2024 - 30 Sept 202418 Oct 20242376%23%1%2%
01 Oct 2023 - 31 Mar 202412 Apr 20242082%17%1%2%
01 Apr 2023 - 30 Sept 202325 Oct 20232382%16%2%2%
01 Oct 2022 - 31 Mar 202325 Apr 20232174%24%2%2%
01 Apr 2022 - 30 Sept 202212 Oct 20222375%23%2%3%
01 Oct 2021 - 31 Mar 202227 Apr 20221396%3%1%1%
01 Apr 2021 - 30 Sept 202127 Oct 20212870%23%7%8%
01 Oct 2020 - 31 Mar 202127 Apr 20213168%19%13%15%
01 Apr 2020 - 30 Sept 202028 Oct 20202569%24%7%9%
01 Oct 2019 - 31 Mar 202005 May 20202671%20%9%10%
01 Apr 2019 - 30 Sept 201923 Oct 20192473%17%10%12%
01 Oct 2018 - 31 Mar 201930 Apr 20192470%19%11%12%
01 Apr 2018 - 30 Sept 201829 Oct 20182274%18%8%10%
01 Oct 2017 - 31 Mar 201816 May 20182766%19%15%16%

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 company has two main types of supplier; Subcontractors and other suppliers. The standard term for subcontractors is payment between 15 and 45 days after completion of the work. There are no standard terms for other suppliers, the most frequently used payment terms are 30 to 60 days.

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

Any complaints are dealt with by the relevant department who raised the order.

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

MATTHEW HOMES LIMITED is an active private limited company

Its operations are focused within the residential property sector, as indicated by the company's name

The company was incorporated on 29 April 1975 and is registered under company number 01210027

Its registered office is located at Pendragon House, 65 London Road, St.Albans, AL1 1LJ, situated in the East of England

In the UK market, private limited companies with 'Homes' in their name typically specialise in residential property development, encompassing the construction and sale of new homes

Their activities commonly include land acquisition, planning, and the provision of housing solutions

Financial Metrics

Cash
£15,400,000
Net Worth
£90,300,000
Total Current Assets
£151,000,000
Total Current Liabilities
£62,900,000

Company Location