NEWLAND HOMES LIMITED
Company Information
- Company Number
- 02582221
- Registered Address
- Brighouse Court Barnett Way, Barnwood, Gloucester, Gloucestershire, GL4 3RT
- Status
- Active
- Employee Count
- 70
- Turnover
- £59,010,000
- EBITDA
- £3,545,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 February 1991
- Nature of Business
- 41202 - Construction of domestic buildings
- Industries
- Property, Infrastructure And Construction
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jul 2025 | 35 | 46% | 49% | 5% | 38% |
| 01 Jul 2024 - 31 Dec 2024 | 13 Jan 2025 | 36 | 49% | 49% | 2% | 36% |
| 01 Jan 2024 - 30 Jun 2024 | 08 Jul 2024 | 32 | 52% | 46% | 2% | 39% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Jan 2024 | 32 | 48% | 49% | 3% | 43% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 38 | 47% | 49% | 4% | 45% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 35 | 45% | 53% | 2% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 07 Jul 2022 | 34 | 46% | 50% | 3% | 34% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 35 | 46% | 52% | 2% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 14 Jul 2021 | 34 | 44% | 54% | 2% | 39% |
| 01 Jan 2019 - 30 Jun 2019 | 11 Jul 2019 | 34 | 45% | 51% | 3% | 23% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 36 | 41% | 57% | 2% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 32 | 51% | 46% | 4% | 25% |
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
Suppliers – Unless otherwise agreed in writing monthly invoices which are received by the Company by the 5th of the month, following the month in which delivery was made, will be payable by the Company by the end of the month plus 1 working day, following the month of delivery. Invoices received after the 5th of the month following the month of delivery will not be payable until the end of the month following the month in which the invoice has been received. If agreed in writing, suppliers are paid fortnightly or 30 days as per their invoice terms. This is generally for smaller companies. Contractors - Application for Monthly payment shall be submitted by the 6th day of the calendar month following the month to which the application relates. The payment date shall be 5 days after the last day of the month in which the application is received. Application for Fortnightly payment shall be submitted by the Monday of the week following the fortnightly account period, commencing with the second Monday after the date on which the works have been commenced. The payment shall be 5 working days after the last working day of the week 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
No additional information
Maximum contractual payment period agreed
61
Dispute Resolution Process
Suppliers – The Purchasing Department will send an email or fax to the appropriate person/department explaining the reason why their invoice is being held for payment, providing details of the required credit note or copy of Goods Received Sheets. Thereafter, the Purchasing Department or Accounts Department contacts the Supplier on a monthly basis until the query is resolved. Contractors – The Surveying Department send an email or fax to the appropriate person/department explaining the reason why their payment is being held, providing details of the required credit note or copy signed off works sheet. The Surveying Department contacts the Contractor regularly until the query is resolved
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
Newland Homes Limited is a British property development company that has been in operation since 1991. They specialize in building high-quality, sustainable homes and communities across the South West of England.
The company has a strong commitment to sustainability, with a focus on reducing their carbon footprint and promoting environmentally friendly practices. They have received several awards for their sustainability efforts, including the Business Green Leaders Awards and the Housebuilder Awards.
Newland Homes Limited offers a variety of products and services, including new build homes, renovation projects, and affordable housing options. They have a diverse portfolio of developments ranging from small, exclusive developments to larger, mixed-use communities.
The key people at Newland Homes Limited include the Managing Director, David Foreman, and the Director of Sales and Marketing, Gail Remnant. They also have a team of experienced professionals in various departments including planning, construction, and customer service.
For more information on Newland Homes Limited, their website address is www.newlandhomes.co.uk. Their registered office address is Newland Homes Limited, Brighouse Court, Barnett Way, Barnwood, Gloucester, GL4 3RT. They can also be contacted via email at info@newlandhomes.co.uk or by phone at 01452 623000. Overall, Newland Homes Limited is a reputable and sustainable company that is committed to providing high-quality homes and developments in the South West of England.
