CHELMER HOUSING PARTNERSHIP LIMITED

Company Information

Company Number
04105878
Registered Address
Myriad House 33 Springfield Lyons Approach, Springfield, Chelmsford, CM2 5LB
Status
Converted / Closed
Employee Count
275
Turnover
£77,184,000
EBITDA
£29,138,000

Additional Details

Company Type
Converted/closed company
Incorporated On
7 November 2000
Nature of Business
68201 - Renting and operating of Housing Association real estate
98000 - Residents property management
Industries
Property
Region
East of England

Time to Pay

Average Time to Pay
18 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
91%
31-60 Days
7%
After 60 Days
2%
Not Paid Within Terms9%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

The business has standard payment terms for contractors and suppliers of 30 days https://www.chp.org.uk/contractors

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

Dispute Resolution Process

Initial queries are received by the Finance Team who will attempt to resolve. Otherwise, the contract manager or employee who placed the original order will be contacted. Disputes are escalated to Director level as appropriate. We will aim to respond to enquiries within 3 working days.

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

Chelmer Housing Partnership Limited (CHP) is a non-profit housing association based in Chelmsford, United Kingdom. They provide affordable, high-quality homes for rent and shared ownership to over 9,000 residents. CHP also offers support services to help residents maintain their tenancy and improve their wellbeing.

Sustainability is at the core of CHP's operations, with a strong focus on reducing their environmental impact. They have implemented energy-efficient measures in their properties and have invested in renewable energy sources such as solar panels. CHP also encourages sustainable living among its residents through education and community initiatives.

In addition to their sustainability efforts, CHP offers a range of products and services to meet the diverse needs of their residents. These include affordable housing options, support for vulnerable individuals and families, and opportunities for residents to get involved in the community through volunteering and social events.

The key people at CHP include a dedicated team of staff and a board of directors who work together to ensure the organization's success. They are committed to providing safe and comfortable homes for their residents and promoting sustainability in all aspects of their operations.

For more information on CHP's products and services, as well as their sustainability program, visit their website at www.chp.org.uk. Their registered office address is Chelmer Housing Partnership Limited, 2 Victoria Court, Chelmsford, Essex, CM1 1NZ.

Financial Metrics

Cash
£68,019,000
Net Worth
£148,823,000
Total Current Assets
£83,167,000
Total Current Liabilities
£19,286,000

Company Location