HENRY BOOT CONSTRUCTION LIMITED
Company Information
- Company Number
- 02880202
- Registered Address
- Isaacs Building, 4 Charles Street, Sheffield, United Kingdom, S1 2HS
- Status
- Active
- Employee Count
- 136
- Turnover
- £101,109,000
- EBITDA
- £1,943,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 December 1993
- Nature of Business
- 41201 - Construction of commercial buildings
- Industries
- Property,Infrastructure And Construction
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows that the average time taken for HENRY BOOT CONSTRUCTION LIMITED to pay invoices to suppliers has remained relatively consistent over the past three years, with a slight increase in 2023. However, there has been a notable decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days in 2023 compared to the previous two years.
Volatility Analysis
The data for HENRY BOOT CONSTRUCTION LIMITED shows a low level of volatility in terms of the average time taken to pay invoices and the percentage of invoices paid within 30 days. However, there is a higher level of volatility in the percentage of invoices paid later than 60 days, with a significant increase in 2023 compared to the previous two years.
Summary Analysis
Between 2020 and 2023, there has been a slight decrease in the average time taken for HENRY BOOT CONSTRUCTION LIMITED to pay invoices, with the lowest average of 21 days in 2021. However, there has also been a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days in 2023 compared to the previous two years.
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 Jul 2024 - 31 Dec 2024 | 03 Feb 2025 | 29 | 63% | 34% | 3% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 30 | 71% | 26% | 3% | 17% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 31 | 69% | 27% | 4% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 28 | 68% | 26% | 6% | 15% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 28 | 63% | 33% | 5% | 14% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 28 | 65% | 30% | 5% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 28 | 67% | 27% | 7% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 21 | 73% | 25% | 2% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Feb 2021 | 27 | 54% | 45% | 1% | 24% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 28 | 51% | 47% | 2% | 21% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 29 | 51% | 46% | 3% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 27 | 71% | 27% | 3% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 29 | 56% | 41% | 3% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 27 | 63% | 33% | 3% | 22% |
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
Henry Boot Construction standard supplier payment terms (excluding sub-contractors) are 36 days from date of receipt of invoice. This is subject to anything contained within a specific contract. The due date for these payments is calculated by applying agreed terms to the date of receipt of invoice. If an invoice falls due during a weekend or bank holiday, the payment transaction is executed on the following business day. Henry Boot subcontractor payment terms are in accordance with the UK Construction Act. These terms are calculated from the date of payment notice being submitted to the sub-contractor to clearance of sums, which gives a total of 16 days for cleared payments to be made. All invoices received are required to comply with our invoice requirements, otherwise we reserve the right to not process the document for payment until it has been corrected. Terms are negotiated and agreed with suppliers on initial engagement.
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
36
Dispute Resolution Process
In the event of a complaint or dispute about the payment of an invoice, in the first instance contact should be made with the relevant company’s purchase ledger department to find out what the problem is. If the Purchase Ledger contact is unable to provide the details of the dispute on the invoice, in the second instance, contact should be made with the person who placed the order with the relevant supplier. In respect of suppliers of goods, goods received are inspected and receipted on site with any issues arising communicated to the supplier via telephone or email. For construction related disputes, these are governed by the relevant sub-contract, which complies with the UK Construction Act and may contain more specific procedures or requirements.
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.
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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?
❌
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
Henry Boot Construction Limited is a leading UK-based construction company that operates across various sectors including housing, commercial, industrial, and infrastructure. The company has a strong focus on sustainability and is committed to delivering sustainable projects that have a positive impact on the environment and local communities.
Their sustainability program includes initiatives such as reducing carbon emissions, promoting sustainable materials and practices, and implementing waste management strategies. They also have a dedicated sustainability team that ensures all projects are carried out in an environmentally responsible manner.
In terms of products and services, Henry Boot Construction offers a wide range of construction services including design and build, refurbishment, and civil engineering. They also have a specialist division that focuses on affordable housing, providing high-quality homes for those in need.
The company is led by a team of experienced professionals, including the Managing Director, John Sutcliffe, and the Chairman, Jamie Boot. They are committed to maintaining the company's reputation for excellence and innovation in the construction industry.
Henry Boot Construction Limited can be contacted through their website, where they have information on their projects, services, and sustainability initiatives. Their registered office address is at Banner Cross Hall, Ecclesall Road South, Sheffield, S11 9PD. Overall, Henry Boot Construction is a reputable and sustainable company that continues to make a positive impact in the construction industry.
