Industry ranking
Score of 80.13/100 qualifies for PaymentCheck Certification
PLACES FOR PEOPLE DEVELOPMENTS LIMITED exhibits a trend where 66% of payments are made within 30 days, indicating a strong propensity for prompt settlement for the majority of invoices. However, the average payment time of 32 days, with 25% paying between 31-60 days and 9% exceeding 60 days, shows a consistent trajectory for a notable portion of payments to extend beyond standard 30-day terms.
Payment reliability is moderately volatile, as evidenced by a 12% overall late payment rate. The 9% of payments extending beyond 60 days introduces a predictable risk of significant delays for a subset of invoices, impacting cash flow predictability for the supplier.
Suppliers should assess PLACES FOR PEOPLE DEVELOPMENTS LIMITED as generally reasonable but prepare for an average payment cycle slightly exceeding 30 days. Key decision factors include the 12% late rate and the 9% of payments that are very late (over 60 days), necessitating active accounts receivable management. To mitigate risk, consider factoring potential delays into cash flow forecasts and implementing robust follow-up for invoices approaching the 30-day mark.
| 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 Oct 2025 - 31 Mar 2026 | 24 Apr 2026 | 30 | 73% | 19% | 8% | 4% |
| 01 Apr 2025 - 30 Sept 2025 | 05 Nov 2025 | 32 | 66% | 25% | 9% | 12% |
| 01 Oct 2024 - 31 Mar 2025 | 01 May 2025 | 23 | 81% | 15% | 4% | 5% |
| 01 Apr 2024 - 30 Sept 2024 | 24 Oct 2024 | 23 | 84% | 13% | 3% | 7% |
| 01 Oct 2023 - 31 Mar 2024 | 09 May 2024 | 23 | 86% | 10% | 4% | 5% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 21 | 83% | 13% | 4% | 7% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 24 | 83% | 12% | 5% | 11% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 29 | 81% | 11% | 8% | 11% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 27 | 73% | 18% | 9% | 4% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 21 | 89% | 8% | 3% | 5% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 30 | 80% | 12% | 8% | 6% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 28 | 82% | 8% | 10% | 7% |
| 01 Oct 2019 - 31 Mar 2020 | 23 Apr 2020 | 24 | 87% | 8% | 5% | 6% |
| 01 Apr 2019 - 30 Sept 2019 | 04 Oct 2019 | 22 | 84% | 11% | 5% | 4% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 20 | 89% | 7% | 4% | 5% |
| 01 Apr 2018 - 30 Sept 2018 | 17 Oct 2018 | 15 | 89% | 8% | 2% | 4% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are 30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Disputes are resolved by the person or department who ordered the goods/services. General enquiries should be made to the central Accounts Payable team
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
Places for People Developments Limited is registered under company number 04086030 with a nature of business classified as development of building projects. It forms part of the Places for People group, described on its own website as the UK's leading social enterprise, which builds homes and creates, manages and supports communities across the country. Group news attributed to the Developments arm includes submitting plans for affordable homes and delivering regeneration schemes such as at Park Hill. The wider group also manages rented and owned homes, investment management, property management and leisure activities, though these broader figures relate to the group rather than to this specific registered entity.
Generated from the company's website and Companies House records. Sources: placesforpeople.co.uk · placesforpeople.co.uk