HILL RESIDENTIAL LIMITED
Company Information
- Company Number
- 04251718
- Registered Address
- The Power House Gunpowder Mill, Powdermill Lane, Waltham Abbey, Essex, EN9 1BN
- Status
- Active
- Employee Count
- 150.0
- Turnover
- 305030000.0
- EBITDA
- 41274000.0
Additional Details
- Website
- https://hill.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 13 July 2001
- Nature of Business
- 68100 - Buying and selling of own real estate
- Industries
- 0
- Region
- East of England
Company Location
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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 | 22 | 76% | 20% | 4% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 28 | 65% | 32% | 3% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 29 | 63% | 34% | 3% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jan 2023 | 28 | 57% | 42% | 1% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 29 | 56% | 42% | 2% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 30 | 53% | 44% | 3% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 31 | 53% | 42% | 5% | 12% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 33 | 54% | 41% | 5% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 34 | 53% | 42% | 5% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Aug 2019 | 40 | 46% | 45% | 9% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 06 Mar 2019 | 53 | 36% | 46% | 18% | 19% |
Company Summary
HILL RESIDENTIAL LIMITED is a British company that specializes in residential construction and development
It was founded in 1999 and is headquartered in London, UK
The company's main focus is on building sustainable and eco-friendly homes, with a commitment to reducing their carbon footprint and promoting green living
They have a dedicated sustainability program in place that includes using environmentally friendly materials, implementing energy-efficient technologies, and promoting recycling and waste reduction
HILL RESIDENTIAL LIMITED offers a wide range of products and services, including new build homes, refurbishments, and conversions
They also provide property management services and have a dedicated team to assist with the buying and selling of properties
The company's key people include the founder and CEO, Mr
John Hill, who has over 30 years of experience in the construction industry
They also have a team of experienced architects, engineers, and project managers who ensure the high quality and sustainability of their projects
To contact HILL RESIDENTIAL LIMITED, you can visit their website at www.hill.co.uk or reach out to their registered office at 1 New York Street, London, SE1 7PY, UK
They also have multiple offices and developments across the UK, making it easy for customers to get in touch with them
In summary, HILL RESIDENTIAL LIMITED is a leading company in the UK's residential construction industry, with a strong focus on sustainability and eco-friendliness
They offer a wide range of products and services, led by a team of experienced professionals, and can be easily contacted through their website or registered office address
Company Review
Trend Analysis
The average time for HILL RESIDENTIAL LIMITED to pay invoices has been steadily decreasing over the past three periods, going from 53 days in 2018-07-01 to 22 days in 2023-12-31. This shows a positive trend towards faster payment.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated the most over the past three periods, with a high of 76% in 2023-07-01 and a low of 36% in 2018-07-01. However, overall there has been a consistent increase in the percentage of invoices paid within 30 days.
Summary Analysis
Looking back at the past three periods, there has been a significant improvement in HILL RESIDENTIAL LIMITED's payment process. The average time to pay has decreased by 31 days, going from 53 days in 2018-07-01 to 22 days in 2023-12-31. This is a 58% decrease in the time taken to pay invoices.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms vary according to the type of supply but are typically: Subcontractors - the payment due date in respect of each interim application submitted in accordance with the subcontract order, shall be 21 days after the date of receipt of the application. The final due date for payment is within 14 days from the due date. Others - 30 days from the end of month of supply
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
hill actively seeks to resolve disputes at the earliest opportunity by discussing them with the relevant supplier with a view to settling the dispute by negotiation. where the dispute can not be settled through negotiation, a number of potential dispute resolution methods may be used, including mediation and adjudication.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
