KEYSTONE DEVELOPMENTS (LG) LIMITED

PaymentCheck Score 2024
97Excellent
0.1vs last year
#315 in UK
#60 in South East

Company Information

Company Number
04285612
Registered Address
K2 Timbold Drive, Kents Hill, Milton Keynes, England, MK7 6BZ
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
11 September 2001
Nature of Business
41202 - Construction of domestic buildings
68209 - Other letting and operating of own or leased real estate
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
18 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
95%
31-60 Days
4%
After 60 Days
1%
Not Paid Within Terms0%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

Keystone Developments consistently demonstrates excellent payment speed, averaging 18 days per invoice. A significant 95% of payments are settled within 30 days, indicating a strong positive trend in their financial discipline and operational efficiency.

Volatility Analysis

The payment profile for Keystone Developments shows very low volatility and high predictability, with 99% of payments processed within 60 days. Only 1% of payments extend beyond 60 days, indicating minimal risk and high reliability for suppliers. The reported 0% late payment rate further underscores their consistent adherence to payment terms.

Summary Analysis

Keystone Developments presents as a highly reliable and low-risk client, demonstrating excellent payment speed and predictability. Suppliers can confidently expect timely payments, significantly improving their own cash flow management. No specific risk mitigation strategies are recommended beyond standard business practices, given the company's strong payment history.

Performance Reports History

Reporting Period Filed: 2023-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2023 - 31 Mar 202402 May 20241897%3%0%1%
01 Apr 2023 - 30 Sept 202330 Oct 20231895%4%1%0%
01 Oct 2022 - 31 Mar 202303 Apr 20231897%1%1%2%
01 Apr 2022 - 30 Sept 202204 Oct 20222687%11%3%2%
01 Oct 2021 - 31 Mar 202211 Apr 20221989%9%3%4%
01 Apr 2021 - 30 Sept 202104 Oct 20213380%13%7%4%
01 Oct 2020 - 31 Mar 202106 Apr 20213483%10%7%2%
01 Apr 2020 - 30 Sept 202009 Oct 20203479%10%11%3%
01 Apr 2019 - 30 Sept 201930 Oct 20192981%12%7%43%
01 Oct 2018 - 31 Mar 201929 Apr 20192687%8%5%46%
01 Apr 2018 - 30 Sept 201830 Oct 20183660%24%16%39%

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

30

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Negotiate with supplier

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

Keystone Developments (LG) Limited is an active private company established as a company limited by guarantee without share capital. This structure, combined with "Developments" in its name, indicates its primary activity lies in the development sector, focused on non-commercial objectives rather than distributing profits to shareholders.

The company, registered as 04285612, was incorporated on 11 September 2001 and maintains an active status. Its registered office is located in the South East of England at K2 Timbold Drive, Kents Hill, Milton Keynes, England, MK7 6BZ.

In the UK, companies limited by guarantee without share capital are typically adopted by organisations undertaking development projects for public benefit or community purposes, rather than for commercial profit distribution. Such entities often provide services related to social housing, community asset creation, or environmental regeneration, reinvesting any surpluses into their primary objectives.

Financial Metrics

Cash
£512,000
Net Worth
£145,000
Total Current Assets
£14,200,000
Total Current Liabilities
£14,100,000

Company Location