REDROW HOMES LIMITED
Company Information
- Company Number
- 01990710
- Registered Address
- Redrow House, St Davids Park, Flintshire, CH5 3RX
- Status
- Active
- Employee Count
- 2,260
- Turnover
- £2,126,600,000
- EBITDA
- £404,600,000
Additional Details
- Website
- https://redrow.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 18 February 1986
- Nature of Business
- 41202 - Construction of domestic buildings
- Industries
- Property,Infrastructure And Construction
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
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 | 15 Aug 2025 | 21 | 87% | 11% | 2% | 7% |
| 01 Jul 2024 - 31 Dec 2024 | 18 Feb 2025 | 21 | 87% | 11% | 2% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 04 Mar 2024 | 23 | 84% | 13% | 3% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 24 | 83% | 14% | 3% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 23 | 83% | 14% | 3% | 7% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 24 | 79% | 18% | 3% | 12% |
| 26 Dec 2020 - 25 Jun 2021 | 27 Jul 2021 | 24 | 79% | 18% | 3% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 24 | 79% | 18% | 4% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 27 | 73% | 21% | 7% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 24 | 79% | 17% | 4% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 30 | 66% | 26% | 8% | 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
Our standard payment terms for subcontractors are 30 days after the accounting month end. This is provided a valid application is received no later than the 5th working day following the accounting month end. Terms for a limited number of smaller subcontractors with a high labour element are 7 days following the end of each working week. This is provided a valid application is submitted in a timely manner.
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
Queries or disputes should be raised with the Site Manager or Purchasing Manager in the first instance. Disputes can be escalated up the management chain if subsequently required. In respect of construction contracts, Redrow or the subcontractor may refer any dispute to adjudication to be determined under the Scheme for Construction Act Regulations 1996. If the dispute cannot be resolved in accordance with normal procedures and whether there has been adjudication or otherwise the dispute will be determined by litigation in the courts of England adopting English law.
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
Redrow Homes Limited is a British-based homebuilding company that specializes in the construction of residential properties
Established in 1974, the company has a strong presence in England and Wales, and has built over 100,000 homes to date.\n\nThe company's sustainability program is a key aspect of their operations, with a focus on reducing their environmental impact, promoting sustainable building practices, and creating homes that are energy efficient
They have achieved several awards for their commitment to sustainability, including being named as one of the UK's most sustainable housebuilders by the NextGeneration Sustainability Benchmark.\n\nRedrow Homes Limited offers a range of products and services to meet the diverse needs of their customers
These include traditional family homes, luxury apartments, and retirement properties
They also offer a range of customization options, allowing customers to personalize their homes to their preferences.\n\nThe company is led by a team of experienced and dedicated individuals, including Chairman John Tutte and Chief Executive Officer Matthew Pratt
Their leadership has played a crucial role in the company's success and growth over the years.\n\nFor more information on Redrow Homes Limited, their products and services, and their sustainability program, visit their website at www.redrow.co.uk
The company's registered office address is Redrow House, St
Davids Park, Ewloe, Flintshire, CH5 3RX, United Kingdom
