CONNELLS SURVEY VALUATION LIMITED
Company Information
- Company Number
- 04046987
- Registered Address
- Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN
- Status
- Active
- Employee Count
- 507.0
- Turnover
- 61202000.0
- EBITDA
- 14250000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 4 August 2000
- Nature of Business
- 74909 - Other professional, scientific and technical activities not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- Region
- East of England
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 8 | 99% | 1% | 0% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 9 | 99% | 1% | 0% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 13 | 90% | 5% | 5% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 14 | 91% | 4% | 5% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 13 | 93% | 4% | 3% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 14 | 90% | 6% | 4% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 17 | 91% | 4% | 5% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 15 | 92% | 4% | 4% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 13 | 90% | 5% | 5% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 14 | 93% | 4% | 4% | 10% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 9 | 96% | 3% | 1% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 11 | 95% | 2% | 3% | 11% |
Company Summary
CONNELLS SURVEY & VALUATION LIMITED is a leading property survey and valuation company based in the United Kingdom
They provide a range of services to help individuals and businesses make informed decisions about their properties
Their sustainability program is an integral part of their operations, with a focus on reducing their environmental impact and promoting sustainable practices
This includes implementing energy-efficient measures in their offices, using sustainable materials in their surveys and valuations, and promoting green transportation options for their employees
Their main products and services include residential and commercial property valuations, building surveys, homebuyer reports, and other related services
They also offer property management services, mortgage and financial advice, and property auction services
Key people at CONNELLS SURVEY & VALUATION LIMITED include the Managing Director, Mr
John Connell, and the Director of Surveying, Mr
Mark Hayward
They have a team of experienced and qualified surveyors and valuers who provide top-quality services to their clients
The company's website, www.connells.co.uk, provides information about their services, sustainability program, and key personnel
Their registered office is located at New Era House, 20 New Era Square, London, NW1 4JL
Interested individuals or businesses can contact them via phone at 020 7486 7898 or email at info@connells.co.uk
Company Review
Trend Analysis
The trend for CONNELLS SURVEY & VALUATION LIMITED over the past three periods has been relatively consistent. The average time taken to pay invoices has fluctuated between 9 and 17 days, with the highest being in the most recent period. The percentage of invoices paid within 30 days has also remained fairly consistent, ranging from 90% to 99%. However, there has been a slight increase in the percentage of invoices paid later than 60 days in the most recent period, indicating a potential issue with delayed payments.
Volatility Analysis
The volatility for CONNELLS SURVEY & VALUATION LIMITED over the past three periods has been relatively low. The average time taken to pay invoices has only fluctuated by 8 days, with the highest being in the most recent period. The percentage of invoices paid within 30 days has also remained fairly consistent, ranging from 90% to 99%. However, there has been a slight increase in the percentage of invoices paid later than 60 days in the most recent period, indicating a potential issue with delayed payments.
Summary Analysis
For CONNELLS SURVEY & VALUATION LIMITED, the average time taken to pay invoices has increased from 11 days in the first period to 13 days in the most recent period. The percentage of invoices paid within 30 days has remained relatively consistent, with a slight increase from 95% to 93%. However, there has been a noticeable increase in the percentage of invoices paid later than 60 days, from 3% in the first period to 5% in the most recent period. The company's best period in terms of timely payments was in 2023, where 99% of invoices were paid within 30 days. The worst period was in 2022, where 15% of invoices were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
For standard suppliers our standard terms are 30 days unless agreed otherwise. Terms for smaller local businesses are 14 days. Our standard terms for panel surveyors is that payment will be made on the next payment run after we receive funds from the client. BACS payment runs are weekly.
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
30
Dispute Resolution Process
Connells Survey & Valuation Limited actively seeks to resolve disputes by liaising directly with the supplier. Cases are initially handled by the Accounts Payable Department and/or the procurement team and when necessary escalated to an appropriate manager or 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.
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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