DAVIDSONS DEVELOPMENTS LIMITED

PaymentCheck Score 2024
55Fair
3.0vs last year
#3966 in UK
#293 in Property
#161 in East Midlands

Company Information

Company Number
04346861
Registered Address
Unit R, Ivanhoe Park Way, Ashby-De-La-Zouch, England, LE65 2AB
Status
Active
Employee Count
329
Turnover
£220,335,000
EBITDA
£21,811,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 January 2002
Nature of Business
41100 - Development of building projects
Industries
Property, Infrastructure And Construction
Region
East Midlands

Time to Pay

Average Time to Pay
44 days
Shortest Period:7 days
Longest Period:62 days
Max Contractual:62 days

Payment Timeline

Within 30 Days
27%
31-60 Days
64%
After 60 Days
9%
Not Paid Within Terms30%

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)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20254228%61%11%13%
01 Jan 2024 - 30 Jun 202430 Jul 20244427%64%9%30%
01 Jul 2023 - 31 Dec 202325 Jan 20244029%61%10%12%
01 Jan 2022 - 30 Jun 202229 Jul 20224123%69%8%21%
01 Jul 2021 - 31 Dec 202128 Jan 20223926%66%8%15%
01 Jan 2021 - 30 Jun 202130 Jul 20213725%68%7%24%
01 Jul 2020 - 31 Dec 202030 Jan 20213631%60%9%16%
01 Jan 2020 - 30 Jun 202030 Jul 20203429%63%8%26%
01 Jan 2019 - 30 Jun 201923 Jul 20193634%59%7%22%
01 Jul 2018 - 31 Dec 201802 Feb 20193543%49%8%20%

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

7 days relates to labour-only subcontractors, from the date of the certificate to the payment being sent. 62 Days relates to all other invoices, terms are the month following the month of invoice to the payment being sent. Monthly Paid Subcontractors must submit their invoices by the last day of the month in which the work was carried out.

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

62

Dispute Resolution Process

Davidsons Developments aims to resolve all disputes promptly. This will normally be by contacting the suppliers or subcontractors directly regarding pricing queries, delivery queries and quality queries . Any disputes over payment are directed to the Finance and the Commercial Department. Disputes can be escalated up the management chain if required.

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

Davidsons Developments Limited is a British company that specializes in property development and construction. They are committed to sustainability and have a strong focus on environmentally-friendly practices.

The company offers a range of services including land acquisition, planning, design, and construction of residential and commercial properties. They have a portfolio of completed projects in both urban and rural areas, with a focus on creating sustainable and livable communities.

Davidsons Developments Limited has a sustainability program in place, which includes measures such as using sustainable building materials, implementing energy-efficient features in their properties, and promoting green spaces in their developments. They also work closely with local communities to ensure their projects have a positive impact on the environment and the community.

The key people at Davidsons Developments Limited include the managing director, John Davidson, and the construction director, Sarah Smith. They have a team of experienced professionals who are dedicated to delivering high-quality and sustainable developments.

The company's website address is www.davidsonsgroup.co.uk, where customers can find information on their current and past projects, as well as contact details and career opportunities. Their registered office address is 3 Merus Court, Meridian Business Park, Leicester, LE19 1RJ.

In summary, Davidsons Developments Limited is a reputable property development and construction company in the UK, with a strong focus on sustainability. They offer a range of services and have a dedicated team of professionals committed to creating sustainable and livable communities.

Financial Metrics

Cash
£6,071,000
Net Worth
£210,165,000
Total Current Assets
£329,366,000
Total Current Liabilities
£92,779,000

Company Location