| 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 Jul 2025 - 31 Dec 2025 | 23 Jan 2026 | 33 | 43% | 54% | 3% | 44% |
| 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 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 42 | 44% | 54% | 2% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 09 Jul 2020 | 32 | 48% | 49% | 3% | 22% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Jan 2020 | 34 | 43% | 54% | 3% | 23% |
| 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% |
This information is as reported by the business, and responses are in their own words.
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
Suppliers – The Purchasing Department will send an email 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 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.
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
Newland Homes Limited is a property developer based in Gloucester, registered in England and Wales. Trading since 1991, it builds new residential homes across the Cotswolds, its borders and into the south west, offering houses and bungalows ranging from two to five bedrooms. The company has more recently focused on delivering zero carbon homes, incorporating measures such as air source heat pumps and solar panels, and states it has completed over 100 such homes. It develops sites across Gloucestershire, Wiltshire and Somerset, managing design, construction and sales through its own team, and engages with local communities and planning processes as part of its housebuilding developments.
Generated from the company's website and Companies House records. Sources: newlandhomes.co.uk · newlandhomes.co.uk