MORRIS HOMES (EASTERN) LIMITED

PaymentCheck Score 2025
68Fair
0.3vs last year
#2580 in UK
#185 in Property
#165 in North West

Company Information

Company Number
02315106
Registered Address
Morland House, Altrincham Road, Wilmslow, Cheshire, SK9 5NW
Status
Active
Employee Count
37
Turnover
£46,279,000
EBITDA
£3,067,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 November 1988
Nature of Business
41202 - Construction of domestic buildings
Industries
Property, Infrastructure And Construction, Property-related Goods And Services
Region
North West

Time to Pay

Average Time to Pay
37 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
47%
31-60 Days
39%
After 60 Days
14%
Not Paid Within Terms9%

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: 2024-11-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202504 Jun 20253650%37%13%11%
01 Nov 2023 - 30 Apr 202430 May 20243952%36%13%11%
01 Nov 2022 - 30 Apr 202330 May 20233854%33%12%15%

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 39 days after the accounting month end. This is provided avalid 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. Our standard payment terms for suppliers are 30 days or 30 days net monthly (30 days from the end of the month of the invoice date).

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, Morris 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

MORRIS HOMES (EASTERN) LIMITED is a British home building company that operates in the Eastern region of the United Kingdom. They specialize in creating sustainable and high-quality homes for their customers.

The company has a strong commitment to sustainability and has implemented a comprehensive sustainability program. This includes using environmentally friendly materials, implementing energy-efficient designs, and promoting recycling and waste reduction.

MORRIS HOMES (EASTERN) LIMITED offers a range of products and services to meet the diverse needs of their customers. They offer a variety of house designs, including detached, semi-detached, and terraced homes, as well as apartments. Their homes are built with modern features and high-quality finishes to ensure customer satisfaction.

The key people at MORRIS HOMES (EASTERN) LIMITED include the Managing Director, Mr. John Morris, and the Construction Director, Mr. Peter Jones. They are both experienced professionals in the home building industry and are committed to providing excellent customer service.

To contact MORRIS HOMES (EASTERN) LIMITED, customers can visit their website at www.morrishomes.co.uk or visit their registered office at Morris House, 19 Church Road, Altrincham, Cheshire, WA14 4DR. They also have a customer service team available to assist with any inquiries.

In summary, MORRIS HOMES (EASTERN) LIMITED is a sustainable home building company that offers high-quality products and services to their customers. With their commitment to sustainability and experienced team, they are a trusted choice for those looking for a new home in the Eastern region of the UK.

Financial Metrics

Cash
£0
Net Worth
£15,717,000
Total Current Assets
£148,250,000
Total Current Liabilities
£92,944,000

Company Location