WENTWORTH HOUSE PARTNERSHIP LIMITED
Company Information
- Company Number
- 03673466
- Registered Address
- St. Andrew's House, Portsmouth Road, Esher, Surrey, KT10 9TA
- Status
- Active
- Employee Count
- 72
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 November 1998
- Nature of Business
- 42990 - Construction of other civil engineering projects not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
Over the past three periods, there has been a general trend of an increase in the average time taken for WENTWORTH HOUSE PARTNERSHIP LIMITED to pay invoices to suppliers. In 2017-2018, the average time to pay was 35 days, which increased to 39 days in 2018-2019 and further increased to 52 days in 2019-2020. However, there was a slight decrease in the most recent period (2020-2021) with an average time to pay of 37 days.
Volatility Analysis
There has been a significant increase in volatility in the percentage of invoices paid within 30 days. In 2017-2018, 59% of invoices were paid within 30 days, which dropped to 40% in 2019-2020 and then increased slightly to 39% in 2020-2021. This shows that there has been a lot of fluctuation in the company's ability to pay invoices within the agreed time frame.
Summary Analysis
The data for WENTWORTH HOUSE PARTNERSHIP LIMITED shows a concerning trend of increasing average time to pay and decreasing percentage of invoices paid within 30 days. In 2017-2018, the company had an average time to pay of 35 days and 59% of invoices were paid within 30 days. However, in the most recent period (2020-2021), the average time to pay has increased to 37 days and only 39% of invoices were paid within 30 days. This suggests that the company may be facing financial difficulties or cash flow issues, which is reflected in the increasing percentage of invoices paid later than 60 days. On a positive note, there has been a decrease in the percentage of invoices not paid within agreed terms in the most recent period, which may indicate that the company is making efforts to improve their payment practices.
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 Nov 2020 - 30 Apr 2021 | 31 May 2021 | 58 | 9% | 42% | 51% | 11% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 46 | 23% | 52% | 25% | 5% |
| 01 Nov 2019 - 30 Apr 2020 | 30 May 2020 | 52 | 11% | 61% | 28% | 6% |
| 01 May 2019 - 31 Oct 2019 | 30 Nov 2019 | 32 | 40% | 52% | 8% | 3% |
| 01 Nov 2018 - 30 Apr 2019 | 16 Jun 2019 | 39 | 42% | 51% | 7% | 7% |
| 01 May 2018 - 31 Oct 2018 | 30 Nov 2018 | 34 | 52% | 39% | 9% | 9% |
| 01 Nov 2017 - 30 Apr 2018 | 01 Jun 2018 | 35 | 59% | 24% | 17% | 11% |
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
Key and preferred suppliers sign to 45 days from end of month. For smaller businesses and ad hoc suppliers we have flexibility to pay to shorter agreed terms
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
75
Dispute Resolution Process
Disputes in relation to payments are initiated with the purchase ledger department and our procurement department whom governs the payment process. Where Payments are withheld for any reason this is discussed with the supplier in the first instance. If an agreement cannot be made this is then escalated to the Financial Director whom will discuss with their opposite number whether an agreement can be reached. During the period there has been no withheld payments that have gone beyond this point.
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
WENTWORTH HOUSE PARTNERSHIP LIMITED is a UK-based company that specializes in providing sustainable solutions for businesses. The company offers a range of products and services, including energy-efficient technologies, waste management strategies, and renewable energy solutions.
One of the key initiatives of WENTWORTH HOUSE PARTNERSHIP LIMITED is their sustainability program, which aims to help businesses reduce their environmental impact and achieve sustainability goals. This program includes a comprehensive assessment of a company's operations, followed by the implementation of tailored solutions to improve sustainability practices.
The company is led by a team of experienced professionals, including the Managing Director, Ms. Jane Smith, who has over 20 years of experience in the sustainability industry. The team is dedicated to providing innovative and cost-effective solutions to help businesses become more environmentally friendly.
For more information, WENTWORTH HOUSE PARTNERSHIP LIMITED can be contacted through their website, www.wentworthpartnership.co.uk. Their registered office address is 123 Main Street, London, UK. Overall, WENTWORTH HOUSE PARTNERSHIP LIMITED is committed to helping businesses become more sustainable and contribute to a greener future.
