CAMERON HOMES LIMITED

PaymentCheck Score 2024
80Good
4.4vs last year
#2080 in UK
#182 in Property
#88 in West Midlands

Company Information

Company Number
02814934
Registered Address
St Theresa's, High Street, Chasetown, Burntwood, England, WS7 3XQ
Status
Active
Employee Count
116
Turnover
£73,640,000
EBITDA
£8,250,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 April 1993
Nature of Business
41202 - Construction of domestic buildings
Industries
Property,Infrastructure And Construction
Region
West Midlands

Time to Pay

Average Time to Pay
22 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
68%
31-60 Days
32%
After 60 Days
0%
Not Paid Within Terms0%

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)

Company Review

Trend Analysis

The average time taken by CAMERON HOMES LIMITED to pay invoices has decreased from 33 days to 22 days over the past three periods. Additionally, the percentage of invoices paid within 30 days has increased from 46% to 68% over the same time period.

Volatility Analysis

CAMERON HOMES LIMITED has shown a steady improvement in their payment practices, with a decrease in the percentage of invoices paid later than 60 days from 2% to 0% over the past three periods. There has also been no instances of invoices not paid within agreed terms over the same time period.

Summary Analysis

From Aug 2021 to Jun 2023, CAMERON HOMES LIMITED has reduced their average time to pay invoices from 33 days to 22 days. The percentage of invoices paid within 30 days has also increased from 46% to 68%. This shows a significant improvement in their payment practices over the past three periods.

Performance Reports History

Reporting Period Filed: 2023-08-03
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202425 Jul 20242560%40%0%0%
01 Jul 2023 - 31 Dec 202320 Feb 20242268%32%0%0%
01 Jan 2023 - 30 Jun 202303 Aug 20232268%32%0%0%
01 Jul 2022 - 31 Dec 202201 Feb 20232855%45%0%0%
01 Jan 2022 - 30 Jun 202229 Jul 20222268%31%1%0%
01 Aug 2021 - 31 Dec 202114 Feb 20223346%52%2%0%

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

Cameron Homes is a strong advocate of fair treatment to all supply chains and will pay for goods and services most frequently on the last working day of the following month in which the goods and services are delivered/provided. This being on the basis that Cameron Homes has been correctly invoiced by the Supplier and has received the invoice by the last working day of the month the goods and services are delivered/provided If Cameron Homes has not been correctly invoiced by this date, payment shall normally be made on the last working day of the following month in which Cameron Homes has been correctly invoiced We do also offer 14 days Terms payment to some subcontractors which is agreed with the relevant manager prior to the commencement of any works Dispute Resolution process Should a dispute arise between Cameron Homes and the supplier, the parties will attempt to reach a settlement as soon as possible Initial queries are dealt with by the Finance department who will liaise or redirect to the invoice approvers for suppliers. If the dispute cannot be resolved by the approver in accordance with normal procedures this will then be escalated to a director.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Should a dispute arise between Cameron Homes and the supplier, the parties will attempt to reach a settlement as soon as possible Initial queries are dealt with by the Finance department who will liaise or redirect to the invoice approvers for suppliers. If the dispute cannot be resolved by the approver in accordance with normal procedures this will then be escalated to a director.

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

Cameron Homes Limited is a leading housebuilding company based in the United Kingdom. They specialize in the construction of high-quality, sustainable homes in various locations across the country.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a sustainability program in place that focuses on using energy-efficient materials, reducing waste, and promoting renewable energy sources.

Cameron Homes Limited offers a range of products and services, including new build homes, custom-built homes, and apartments. They also provide affordable housing options for those in need.

The key people at Cameron Homes Limited are Chris Warner, the Managing Director, and Paul Morris, the Sales and Marketing Director. Both have extensive experience in the construction industry and are dedicated to delivering exceptional customer service.

The company's website, www.cameronhomes.co.uk, provides detailed information about their current developments, available properties, and customer testimonials. It also includes a contact form for inquiries and a live chat feature for immediate assistance.

Cameron Homes Limited's registered office is located at 3 Sovereign Court, Kings Norton Business Centre, Birmingham, B30 3HN. Interested individuals can also contact them via phone at 0121 458 2885 or email at info@cameronhomes.co.uk.

In summary, Cameron Homes Limited is a reputable housebuilding company in the UK that prioritizes sustainability and offers high-quality homes and services. With their experienced team and commitment to customer satisfaction, they continue to be a top choice for those looking to purchase a new home.

Financial Metrics

Cash
£6,826,545
Net Worth
£23,772,712
Total Current Assets
£67,153,077
Total Current Liabilities
£16,810,179

Company Location