| 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 May 2025 - 31 Oct 2025 | 24 Nov 2025 | 45 | 31% | 39% | 30% | 29% |
| 01 Nov 2024 - 30 Apr 2025 | 29 May 2025 | 45 | 31% | 40% | 29% | 31% |
| 01 May 2024 - 31 Oct 2024 | 03 Dec 2024 | 47 | 32% | 36% | 32% | 27% |
| 01 Nov 2023 - 30 Apr 2024 | 28 Jun 2024 | 47 | 32% | 38% | 30% | 23% |
| 01 May 2023 - 31 Oct 2023 | 22 Nov 2023 | 47 | 30% | 35% | 35% | 24% |
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 45 | 32% | 38% | 30% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Keepmoat’s standard payment terms for product suppliers are between 30 days and 65 days after the end of the calendar month in which the goods are received. Keepmoat’s standard construction contract payment terms for subcontractors is between 35 days and 49 days after the end of the calendar month in which the application is received.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
65
To the extent that the Works are construction operations within the meaning of the Housing Grants Construction and Regeneration Act 96 part II (as amended by the Local Democracy, Economic Development and Construction Act 2009), any dispute or difference arising from or in connection with the Works shall be resolved in accordance with the provisions of the Scheme for Construction Contracts.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
KEEPMOAT HOMES LIMITED is a UK-based construction company that specializes in building affordable and sustainable homes for individuals and families. The company has been in operation for over 30 years and has built a strong reputation for its high-quality homes and commitment to sustainability.
As part of their sustainability program, KEEPMOAT HOMES LIMITED strives to reduce their environmental impact by using sustainable materials and construction methods, implementing energy-efficient features in their homes, and promoting sustainable living practices to their customers. They also work closely with local communities to create environmentally-friendly and socially-inclusive developments.
In terms of products and services, KEEPMOAT HOMES LIMITED offers a wide range of housing options, including apartments, townhouses, and detached homes. They also offer affordable housing schemes for first-time buyers and shared ownership options for those looking to get on the property ladder.
The key people behind KEEPMOAT HOMES LIMITED include their CEO, James Thomson, and their Managing Director, Tim Beale, who both have extensive experience in the construction industry. Their team of skilled employees and subcontractors are committed to delivering high-quality homes and excellent customer service.
For more information about KEEPMOAT HOMES LIMITED and their sustainable homes, customers can visit their website at www.keepmoat.com. The company's registered office address is 5th Floor, 11 Old Jewry, London, EC2R 8DU. They also have regional offices located throughout the UK, making it easy for customers to get in touch and find their dream home.
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