| 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 | 13 Aug 2025 | 34 | 40% | 56% | 4% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 33 | 41% | 55% | 4% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 38 | 29% | 67% | 4% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Aug 2023 | 39 | 31% | 64% | 5% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Supplier payment terms are generally 60 days from invoice date although in many cases the agreed terms are shorter. Sub-contractors are paid between 35 days after the payment valuation is received. In some cases, sub-contractors are paid weekly as standard.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No further comment provided
Maximum contractual payment period agreed
60
Any disputes or inconsistencies will initially be addressed by the project surveyor (for sub-contractor payments) or a purchase ledger clerk (for supplier payments). Where possible these matters are resolved such that the payment can be made within the pre-agreed terms. If a resolution cannot be found through this process, an escalation process exists through line management and ultimately Directors, to resolve and mediate where required. Should this process not achieve a resolution then, in very rare circumstances, contractual dispute resolution processes are adopted.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Seddon Homes Limited is a housebuilder trading as Seddon Homes, based in Warrington and building new homes across Cheshire, Derbyshire, Greater Manchester, Lancashire, Merseyside and Staffordshire. It develops residential sites offering one to five bedroom houses, describing itself as a prestige housebuilder tracing its origins to a building firm founded in 1897 and still owned and managed by the same family. The company also invites approaches regarding potential residential development land, refurbishment or urban regeneration opportunities. Its registered SIC code covers construction of domestic buildings, consistent with its focus on designing, building and selling new build homes directly to buyers across several North West and Midlands counties.
Generated from the company's website and Companies House records. Sources: seddonhomes.co.uk · seddonhomes.co.uk