TAYLOR WIMPEY UK LIMITED
Company Information
- Company Number
- 01392762
- Registered Address
- Gate House, Turnpike Road, High Wycombe, Buckinghamshire, HP12 3NR
- Status
- Active
- Employee Count
- 4,354
- Turnover
- £3,190,300,000
- EBITDA
- £310,700,000
Additional Details
- Website
- https://taylorwimpey.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 6 October 1978
- Nature of Business
- 41100 - Development of building projects
- Industries
- Property, Infrastructure And Construction
- Region
- South East
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 | 30 Jul 2025 | 32 | 54% | 43% | 3% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 31 | 55% | 42% | 3% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 32 | 52% | 45% | 3% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 34 | 48% | 48% | 4% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 34 | 51% | 45% | 4% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 37 | 45% | 49% | 6% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 48 | 33% | 53% | 14% | 32% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 43 | 34% | 55% | 11% | 28% |
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 payment terms depend on the nature of the supply and order placed by the company. Supplier payment terms: Payment terms for suppliers are for payment by the last business day in the month following the month in which a valid undisputed invoice was received for goods and/or services received/supplied. Contractor payment terms: Payment terms for approved works comply with the Local Democracy, Economic Development and Construction Act 2009 in which the final payment date is 7 days following the due date, with the due date being 30 days after the later of the date the application/invoice is received or the relevant month end. Consultants: Payment terms for consultants’ services comply with the Local Democracy, Economic Development and Construction Act 2009 in which the final payment date is 30 days following the due date, with the due date being the later of: date of receipt of a valid application/invoice for payment; or by a contractually agreed payment profile date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Self-billing is available for certain suppliers.
Maximum contractual payment period agreed
62
Dispute Resolution Process
Our standard contractual frameworks provide for a dispute resolution process which adopts the Construction Industry Council Model Adjudication Procedures and as per the Local Democracy, Economic Development and Construction Act 2009, either party may refer a dispute to adjudication. Either party has the right to initiate legal proceedings in the UK Courts. Outside of adjudication, there is a dispute escalation procedure, namely (i) the authorised representatives of each party are to attempt to settle a dispute first (ii) failure to settle is referred to regional managing directors to attempt to resolve (iii) if still not resolved the dispute is to be referred in good faith to mediation.
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
Taylor Wimpey UK Limited is a leading residential developer in the UK, with a focus on sustainability and quality homes. They have been in operation for over 100 years, with their roots dating back to the late 19th century.
Their sustainability program, called "Building a Better Future", is at the core of their operations. They have set ambitious targets to reduce their carbon emissions, waste, and water usage. They also strive to use sustainable materials in their construction and promote biodiversity in their developments.
Their products and services include a range of homes, from apartments to large family houses, designed to meet the needs and preferences of different customers. They also offer a range of customization options to make each home unique.
The key people behind Taylor Wimpey UK Limited include the CEO, Pete Redfern, who has over 20 years of experience in the industry, and the Chairman, Kevin Beeston, who has been with the company for over a decade. They are supported by a team of experienced professionals in various departments.
To contact Taylor Wimpey UK Limited, individuals can visit their website at www.taylorwimpey.co.uk, where they can find information on their developments, sustainability efforts, and career opportunities. Their registered office address is Gate House, Turnpike Road, High Wycombe, Buckinghamshire, HP12 3NR.
In conclusion, Taylor Wimpey UK Limited is a reputable and sustainable residential developer in the UK, offering a variety of quality homes and striving to make a positive impact on the environment. With their experienced leadership and commitment to sustainability, they continue to be a trusted choice for homebuyers.
