HOME GROUP DEVELOPMENTS LIMITED

PaymentCheck Score 2025
89Good
4.6vs last year
#1000 in UK
#77 in Property
#9 in North East

Company Information

Company Number
04664018
Registered Address
One Strawberry Lane, One Strawberry Lane, Newcastle Upon Tyne, Tyne And Wear, England, NE1 4BX
Status
Active
Employee Count
0
Turnover
£78,998,000
EBITDA
£4,690,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 February 2003
Nature of Business
68100 - Buying and selling of own real estate
Industries
Property,Infrastructure And Construction
Region
North East

Time to Pay

Average Time to Pay
13 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
92%
31-60 Days
6%
After 60 Days
2%
Not Paid Within Terms49%

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: 2025-04-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202528 Oct 20251494%4%2%38%
01 Oct 2024 - 31 Mar 202528 Apr 20251392%6%2%49%
01 Sept 2023 - 31 Mar 202430 Apr 20242085%9%6%49%
01 Apr 2023 - 30 Sept 202330 Oct 20231988%6%6%47%
01 Apr 2022 - 30 Sept 202227 Oct 20221694%4%2%42%
01 Apr 2021 - 30 Sept 202128 Oct 20211692%5%3%50%
01 Oct 2020 - 31 Mar 202129 Apr 20211694%4%2%41%
01 Apr 2019 - 30 Sept 201929 Oct 20192288%7%5%46%

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

The standard payment terms for Home Group Development Limited are 30 days from the date of the invoice

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

30

Dispute Resolution Process

Payment disputes with are managed by colleagues in our regional development teams in the first instance, with more complex queries escalated to the Accounts Payable department via our accountspayable@homegroup.org.uk mailbox.

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

HOME GROUP DEVELOPMENTS LIMITED is a British property development company that focuses on building sustainable and affordable homes. They offer a range of products and services, including new home construction, property management, and shared ownership schemes.

The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. They use sustainable materials and technologies in their construction projects, such as energy-efficient heating systems and solar panels. They also prioritize building in locations that are easily accessible to public transportation, reducing the need for cars.

At the heart of HOME GROUP DEVELOPMENTS LIMITED is their team of dedicated and experienced professionals who strive to create homes that meet the highest standards of quality and sustainability. The company's key people include CEO Mark Henderson and Chairman Steve Holliday, both of whom have a wealth of experience in the property development industry.

For those interested in contacting HOME GROUP DEVELOPMENTS LIMITED, their registered office address is 2 Gosforth Park Avenue, Gosforth Business Park, Newcastle upon Tyne, NE12 8EG. Their website, www.homegroup.org.uk, provides more information about their services, projects, and sustainability efforts.

Financial Metrics

Cash
£10,849,000
Net Worth
£122,269,000
Total Current Assets
£85,754,000
Total Current Liabilities
£13,518,000

Company Location