| 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 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 81 | 32% | 22% | 46% | 70% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Kier Partnership Homes Limited does not have standard payment terms. Payment terms are agreed with suppliers as part of contract negotiations. The most frequently used payment terms in the reporting period 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
60
Kier Partnership Homes Limited actively seeks to resolve disputes by discussing them with the relevant supplier(s), typically involving members of the accounts payable and credit control departments and /or the procurement and commercial teams and / or where necessary members of management. However, where it is not possible to reach agreement, a number of potential dispute resolution methods (for example, mediation, adjudication, expert determination, litigation and / or arbitration) may be used.
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
KIER PARTNERSHIP HOMES LIMITED is a UK-based company that specializes in sustainable housing development. They have a strong commitment to sustainability and their goal is to create high-quality, energy-efficient homes that are affordable for all.
The company offers a wide range of products and services, including building and refurbishment of homes, construction of new homes, and property management. They also work closely with local authorities and housing associations to deliver affordable housing solutions.
One of the key focuses of KIER PARTNERSHIP HOMES LIMITED is their sustainability program. They strive to incorporate sustainable principles into all aspects of their business, from design and construction to operation and maintenance. This includes using eco-friendly materials, implementing energy-efficient solutions, and promoting sustainable living practices to their customers.
The company is led by an experienced team, with Claudio Veritiero as the Managing Director. They also have a dedicated sustainability team that ensures their projects meet the highest sustainability standards.
To learn more about KIER PARTNERSHIP HOMES LIMITED and their services, you can visit their website at www.kier.co.uk/homes. Their registered office address is Tempsford Hall, Sandy, Bedfordshire, SG19 2BD. They can also be contacted via phone at 01767 355 000 or email at homes@kier.co.uk.