GALLIARD HOMES LIMITED

PaymentCheck Score 2023
83Good
1.5vs last year
#1639 in UK
#141 in Property
#92 in East of England

Company Information

Company Number
02158998
Registered Address
3rd Floor, Sterling House Langston Road, Loughton, Essex, IG10 3TS
Status
Active
Employee Count
309
Turnover
£575,000
EBITDA
-£21,354,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 August 1987
Nature of Business
41100 - Development of building projects
Industries
Property,Infrastructure And Construction
Region
East of England

Time to Pay

Average Time to Pay
18 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
91%
31-60 Days
7%
After 60 Days
2%
Not Paid Within Terms64%

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: 2024-12-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2022 - 31 Mar 202307 Aug 20231893%4%3%66%
01 Apr 2022 - 30 Sept 202231 Oct 20221595%4%1%62%
01 Apr 2021 - 30 Sept 202118 Oct 20211795%4%1%56%
01 Oct 2020 - 31 Mar 202116 Apr 20211887%9%4%58%
01 Apr 2019 - 30 Sept 201930 Oct 20193076%16%8%55%
01 Apr 2018 - 30 Sept 201829 Oct 20183773%15%12%48%

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

Supplier invoices (through the purchase ledger) are paid at the end of the week prior to their due date. Subcontractor payments (through the subcontract ledger) are made in accordance with the terms of the subcontract order.

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

Supplier invoice queries are dealt with by either the purchase ledger or the buying department depending on the nature of the query. Subcontract queries that cannot be resolved by the contract ledger department are referred to the relevant surveyor for resolution.

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

GALLIARD HOMES LIMITED is a leading property development company in the UK, with a focus on creating sustainable and high-quality homes. They have been in the industry for over 25 years and have developed a strong reputation for their innovative designs, excellent customer service, and commitment to sustainability.

The company's sustainability program is at the core of their operations, with a mission to minimize the environmental impact of their developments. They have implemented various initiatives such as using sustainable building materials and energy-efficient technologies, promoting green spaces and biodiversity, and reducing carbon emissions.

GALLIARD HOMES LIMITED offers a range of products and services, including residential and commercial properties, as well as student accommodation. Their properties are known for their contemporary design, high-quality finishes, and prime locations in London and other major cities in the UK.

The company is led by a team of experienced and dedicated professionals, including Stephen Conway as the Chairman and David Galman as the Sales Director. They work closely with architects, designers, and contractors to ensure the highest standards of quality and sustainability in their developments.

For more information on GALLIARD HOMES LIMITED and their projects, their website is www.galliardhomes.com. Their registered office address is 2nd Floor, 9 Bonhill Street, London, EC2A 4DJ. With their commitment to sustainability and their impressive track record, GALLIARD HOMES LIMITED continues to be a trusted and sought-after name in the property development industry in the UK.

Financial Metrics

Cash
£8,669,015
Net Worth
-£27,181,340
Total Current Assets
£64,387,800
Total Current Liabilities
£76,624,069

Company Location