PERSIMMON HOMES LIMITED
Company Information
- Company Number
- 04108747
- Registered Address
- Persimmon House, Fulford, York, YO19 4FE
- Status
- Active
- Employee Count
- 5255.0
- Turnover
- 3339420000.0
- EBITDA
- 493505000.0
Additional Details
- Website
- https://persimmonhomes.com
- Company Type
- Private limited Company
- Incorporated On
- 16 November 2000
- Nature of Business
- 41100 - Development of building projects
- Industries
- Property,Infrastructure And Construction
- Region
- Yorkshire and The Humber
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 | 29 | 64% | 32% | 4% | 29% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 30 | 65% | 31% | 4% | 27% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 25 | 75% | 22% | 3% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 26 | 72% | 24% | 4% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 26 | 73% | 24% | 3% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 26 | 71% | 25% | 4% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 26 | 71% | 25% | 4% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 31 | 67% | 26% | 7% | 19% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 35 | 60% | 32% | 8% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 47 | 40% | 46% | 14% | 28% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 48 | 30% | 55% | 15% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 50 | 34% | 50% | 16% | 33% |
Company Summary
Persimmon Homes Limited is a British homebuilding company that specializes in the construction and sale of residential properties
The company was founded in 1972 and is currently headquartered in York, England
The main activities of Persimmon Homes Limited include the acquisition of land, design and construction of new homes, and their subsequent sale to customers
The company operates under three brands – Persimmon Homes, Charles Church, and Westbury Partnerships – and has a presence in more than 350 locations across the UK
Persimmon Homes Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact
This includes using sustainable materials in construction, implementing energy-efficient practices, and promoting biodiversity in their developments
The company offers a wide range of properties, from starter homes to luxury houses, catering to different budgets and needs
They also offer a variety of services such as part exchange, shared ownership, and government-backed schemes to help customers purchase their dream home
The key people at Persimmon Homes Limited include Dave Jenkinson as the Group Chief Executive Officer, Nigel Greenaway as the Group Finance Director, and Roger Devlin as the Chairman
The company also has a team of experienced professionals in various departments such as land acquisition, construction, sales, and customer service
For more information on Persimmon Homes Limited, including their sustainability program and available properties, you can visit their website at www.persimmonhomes.com
The registered office address of the company is Persimmon House, Fulford, York, YO19 4FE, United Kingdom
Company Review
Trend Analysis
PERSIMMON HOMES LIMITED has shown a consistent decrease in the average time taken to pay invoices since 2018. Additionally, there has been an increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days. This indicates an improvement in the company's payment efficiency over the years.
Volatility Analysis
There is a slight fluctuation in the average time to pay and the percentage of invoices paid within 30 days, but overall, the trend remains consistent. The percentage of invoices paid between 31 and 60 days and later than 60 days has shown a steady decrease, indicating a decrease in volatility in the company's payment processes.
Summary Analysis
Between 2018 and 2021, there has been a decrease in the average time taken to pay invoices by 24%, from 50 days to 26 days. The percentage of invoices paid within 30 days has increased by 39%, from 34% to 73%. The percentage of invoices paid later than 60 days has decreased by 75%, from 16% to 4%. However, there has been a slight increase in the percentage of invoices not paid within agreed terms by 18%, from 33% to 51%. The company's shortest payment period has remained consistent at 7 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Material purchase invoices: payment is due at the end of the month following the month of the invoice. Supply and fit sub-contract invoices: payment is due at the end of the month following the month of the invoice. Labour only sub-contract invoices: payment is due at the end of the week following the week of the invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
The payment performance reporting has been prepared on a consistent basis with previous submissions in that they are reporting the time taken between the date of receipt of the initial invoice and the date on which the approved invoice payment has been received by the supplier/subcontractor.
Maximum contractual payment period agreed
62
Dispute Resolution Process
Disputes are dealt with by the relevant regional finance department.
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