HENRY BOOT DEVELOPMENTS LIMITED
Company Information
- Company Number
- 01390361
- Registered Address
- Isaacs Building, 4 Charles Street, Sheffield, United Kingdom, S1 2HS
- Status
- Active
- Employee Count
- 51
- Turnover
- £52,485,000
- EBITDA
- £10,481,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 21 September 1978
- Nature of Business
- 41100 - Development of building projects
- Industries
- Property, Infrastructure And Construction
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for HENRY BOOT DEVELOPMENTS LIMITED to pay invoices to suppliers has increased from 23 days in 2018 to 39 days in 2023. This is an overall increase of 70% over the three-year period.
Volatility Analysis
The average time taken to pay invoices has fluctuated between 23 and 39 days over the three-year period, with the highest increase being seen in 2023.
Summary Analysis
Overall, there has been a significant decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days. The average time taken to pay invoices has also increased, with the highest increase seen in 2023. This indicates that HENRY BOOT DEVELOPMENTS LIMITED may be facing financial difficulties and is delaying payments to suppliers.
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 Jul 2024 - 31 Dec 2024 | 03 Feb 2025 | 31 | 68% | 23% | 9% | 48% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 32 | 67% | 25% | 9% | 55% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 39 | 53% | 31% | 16% | 64% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 30 | 71% | 20% | 9% | 45% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 33 | 66% | 24% | 10% | 50% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 28 | 73% | 20% | 7% | 49% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 25 | 76% | 19% | 5% | 43% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 27 | 72% | 22% | 7% | 63% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Feb 2021 | 31 | 70% | 20% | 10% | 63% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 28 | 74% | 17% | 9% | 61% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 26 | 72% | 21% | 7% | 62% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 27 | 76% | 16% | 8% | 65% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 25 | 79% | 16% | 5% | 62% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 23 | 80% | 16% | 4% | 56% |
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
Henry Boot Developments standard supplier payment terms are between 14 - 30 days from date of invoice. This is subject terms contained within a specific contract. Due date is calculated by applying agreed terms to the invoice date. If an invoice falls due during a weekend or bank holiday, the payment transaction is executed on the following business day. All invoices received are required to comply with our invoice requirements, otherwise we reserve the right to not process the document for payment until it has been corrected. Terms are negotiated and agreed with suppliers on initial engagement.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
In the event of a complaint or dispute about the payment of an invoice, in the first instance contact should be made with the relevant company’s purchase ledger department to find out what the problem is. If the Purchase Ledger contact is unable to tell you the details of the dispute on your invoice, in the second instance, contact should be made with the person who placed the order with the relevant supplier. In respect of suppliers of goods, goods received are inspected and receipted on site with any issues arising communicated to the supplier via telephone or email. For construction related payments and disputes, this is governed by the relevant sub-contract, which complies with the UK Construction Act and may contain more specific procedures or requirements.
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
Henry Boot Developments Limited is a leading property development company in the United Kingdom. Founded in 1886, the company has a long history of delivering high-quality and sustainable developments across various sectors including commercial, residential, and industrial.
Their sustainability program is a key aspect of their operations, with a commitment to minimizing the environmental impact of their developments. This includes implementing sustainable construction methods, using eco-friendly materials, and incorporating energy-efficient features into their buildings.
The company offers a wide range of products and services to their clients, including land acquisition, planning, design, construction, and project management. They also specialize in refurbishment and regeneration projects, helping to revitalize and transform communities.
Key people at Henry Boot Developments Limited include Julian Brown, the Managing Director, and Tim Roberts, the Chief Executive. They are supported by a highly experienced team of professionals who are dedicated to delivering exceptional results for their clients.
For further information, their website address is www.henrybootdevelopments.co.uk. The registered office address is Banner Cross Hall, Ecclesall Road South, Sheffield, S11 9PD. Overall, Henry Boot Developments Limited is a reputable and sustainable company that continues to make a significant impact in the UK's property development industry.
