CONNELLS RESIDENTIAL

PaymentCheck Score 2025
96Excellent
2.4vs last year
#389 in UK
#76 in Financial Services
#21 in East of England

Company Information

Company Number
01489613
Registered Address
Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN
Status
Active
Employee Count
1,463
Turnover
£101,629,000
EBITDA
£12,540,000

Additional Details

Company Type
Private unlimited company
Incorporated On
8 April 1980
Nature of Business
66220 - Activities of insurance agents and brokers
68310 - Real estate agencies
Industries
Financial Services,Property,Infrastructure And Construction
Region
East of England

Time to Pay

Average Time to Pay
20 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
92%
31-60 Days
6%
After 60 Days
2%
Not Paid Within Terms8%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20251895%4%1%4%
01 Jul 2024 - 31 Dec 202430 Jan 20252093%5%2%5%
01 Jan 2024 - 30 Jun 202430 Jul 20242092%6%2%8%
01 Jan 2023 - 30 Jun 202326 Jul 20232189%10%1%24%
01 Jul 2022 - 31 Dec 202226 Jan 20232093%6%1%19%
01 Jul 2021 - 31 Dec 202128 Jan 20222288%9%3%28%
01 Jan 2021 - 30 Jun 202129 Jul 20212093%6%1%24%
01 Jan 2020 - 30 Jun 202028 Jul 20201994%4%2%13%
01 Jan 2018 - 30 Jun 201830 Jul 20181695%4%1%43%

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

For standard suppliers our standard terms are 30 days unless agreed otherwise. Some smaller local businesses are on 14 day terms.

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

30

Dispute Resolution Process

Connells Residential actively seeks to resolve disputes by liaising directly with the supplier. Cases are initially handled by the Accounts Payable Department and/or the procurement team and when necessary escalated to an appropriate manager or director.

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

CONNELLS RESIDENTIAL is a leading UK estate agency with over 160 branches nationwide. They offer a range of services including buying, selling, renting, and property management. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes using energy-efficient technologies in their offices, promoting recycling and reducing waste, and supporting local community projects. They also offer eco-friendly property options for clients, such as homes with solar panels and energy-efficient appliances.

The company's key people include CEO David Livesey, who has over 30 years of experience in the property industry, and Managing Director Adrian Gill, who has been with the company for over 20 years.

Customers can contact CONNELLS RESIDENTIAL through their website, which features a user-friendly property search tool, as well as information on their services and sustainability efforts. The registered office address is Connells Limited, Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.

In summary, CONNELLS RESIDENTIAL is a sustainable and customer-focused estate agency with a wide range of services and a strong commitment to reducing their environmental impact. With experienced leadership and a user-friendly website, they are a top choice for those looking to buy, sell, or rent property in the UK.

Financial Metrics

Cash
£19,033,000
Net Worth
£15,954,000
Total Current Assets
£25,104,000
Total Current Liabilities
£17,275,000

Company Location