MARTIN GRANT HOMES LIMITED

Company Information

Company Number
01363485
Registered Address
Grant House Felday Road, Abinger Hammer, Dorking, Surrey, RH5 6QP
Status
Active
Employee Count
19
Turnover
£2,187,000
EBITDA
-£3,181,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 April 1978
Nature of Business
41100 - Development of building projects
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
43999 - Other specialised construction activities not elsewhere classified
Industries
Property, Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
36 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
34%
31-60 Days
60%
After 60 Days
6%
Not Paid Within Terms6%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-07-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201818 Jul 20184214%77%9%9%

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

Our standard payment terms are payment at the end of the month following date of invoice

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

No information available

Any other information about payment terms

All disputes are put in writing. If the goods have not been delivered or have been charged at a rate that is higher then the written order, a credit note is requested.

Maximum contractual payment period agreed

60

Dispute Resolution Process

The invoice is held until the credit is received. The queries are regularly reviewed by the Purchase Ledger Manager and appropriate steps are taken to chase up outstanding credits. It is rare that a dispute is unsettled after 90 days. This is the reason for the delay, over & above our average payment terms.

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

MARTIN GRANT HOMES LIMITED is a British company that specializes in the development and construction of sustainable homes. The company was founded in 1993 and has since built a reputation for delivering high-quality, energy-efficient homes.

The sustainability program of MARTIN GRANT HOMES LIMITED is a core aspect of their business. They are committed to reducing their environmental impact by using sustainable materials, incorporating energy-efficient features, and promoting eco-friendly practices in their construction processes. They also have a focus on creating homes that are accessible and adaptable for people with disabilities.

One of the key products and services offered by MARTIN GRANT HOMES LIMITED is the development of new homes and communities. They work closely with architects, engineers, and designers to create innovative and sustainable living spaces that meet the needs of their customers. They also offer a range of customization options to ensure that each home is tailored to the specific needs and preferences of the homeowner.

The key people at MARTIN GRANT HOMES LIMITED include the founder and managing director, Martin Grant, who has over 30 years of experience in the construction industry. The company also has a team of expert professionals who are dedicated to delivering sustainable and high-quality homes to their customers.

To get in touch with MARTIN GRANT HOMES LIMITED, their website address is www.martingranthomes.co.uk. Their registered office address is 11-13 High Street, Hailsham, East Sussex, BN27 1AL. Customers can also contact them via phone at 01323 848 000 or email at info@martingranthomes.co.uk.

In summary, MARTIN GRANT HOMES LIMITED is a leading developer of sustainable homes in the UK. They have a strong commitment to sustainability, offer high-quality products and services, and have a team of experienced professionals dedicated to delivering exceptional homes.

Financial Metrics

Cash
£19,287,680
Net Worth
£34,412,899
Total Current Assets
£54,151,729
Total Current Liabilities
£20,017,811

Company Location