SEVERFIELD (DESIGN & BUILD) LIMITED
Company Information
- Company Number
- 04107553
- Registered Address
- Severs House Dalton Airfield Industrial Estate, Dalton, Thirsk, North Yorkshire, YO7 3JN
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 November 2000
- Nature of Business
- 25110 - Manufacture of metal structures and parts of structures
- Industries
- Coming Soon
- Region
- Yorkshire
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SEVERFIELD (DESIGN & BUILD) LIMITED exhibits a slow payment trend, with an average payment time of 102 days. A significant majority (51%) of payments are made over 60 days, indicating a consistent pattern of extended payment cycles rather than timely settlement. Only 28% of invoices are paid within 30 days, suggesting a trajectory towards delayed rather than prompt payments.
Volatility Analysis
The high percentage of payments over 60 days (51%) and the average payment time of 102 days point to low reliability and predictability in payment timing. This presents a considerable cash flow risk for suppliers, as almost a quarter (24%) of payments are formally late. The data suggests a consistent pattern of extended payment terms, making short-term financial planning challenging for partners.
Summary Analysis
Suppliers should anticipate significantly extended payment terms when dealing with SEVERFIELD (DESIGN & BUILD) LIMITED, impacting cash flow and working capital. Key decision factors include the capacity to absorb long payment cycles and the potential need for adjusted pricing to account for financing costs. Consider implementing strict credit limits, requiring upfront payments for new engagements, or negotiating shorter, legally binding payment terms to mitigate financial exposure.
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 102 | 28% | 21% | 51% | 24% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 92 | 21% | 26% | 53% | 18% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 37 | 58% | 29% | 13% | 16% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 35 | 60% | 33% | 7% | 3% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 38 | 53% | 40% | 7% | 4% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 41 | 50% | 38% | 12% | 14% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 47 | 25% | 59% | 16% | 25% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 42 | 25% | 68% | 7% | 11% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 44 | 32% | 65% | 3% | 7% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 44 | 30% | 65% | 5% | 10% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 49 | 25% | 67% | 8% | 14% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 47 | 22% | 69% | 9% | 16% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 43 | 28% | 62% | 10% | 11% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 37 | 42% | 44% | 14% | 16% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 47 | 14% | 74% | 13% | 45% |
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
End of month following date of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The directors of Severfield (Design & Build) Limited have taken the decision to transfer new trading to another company within the group, Severfield Commercial & Industrial Ltd (formerly Severfield UK Limited) from 1 April 2024. As a result of this decision the percentages in this report reflect a limited number of transactions. Of the 78 payments made 44 were to group companies
Maximum contractual payment period agreed
60
Dispute Resolution Process
Disputes are escalated to the accounts payable manager who works wit the teams to resolve as soon as possible
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
SEVERFIELD (DESIGN & BUILD) LIMITED is an active private limited company
It specialises in providing integrated design and build services within the construction sector
The company was incorporated on 14 November 2000, registered under company number 04107553
Its registered office is located at Severs House, Dalton Airfield Industrial Estate, Dalton, Thirsk, North Yorkshire, YO7 3JN
Companies operating under a 'design and build' model typically offer comprehensive solutions, encompassing both the architectural and structural design phases of a project, alongside its subsequent construction
This integrated approach allows for single-source responsibility, managing projects from initial concept through to final delivery across diverse market sectors
