Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Oct 2025 - 31 Mar 2026 | 29 Apr 2026 | 24 | 68% | 32% | 0% | 84% |
| 01 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 76 | 45% | 16% | 39% | 82% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 75 | 47% | 17% | 36% | 56% |
| 01 Apr 2024 - 30 Sept 2024 | 25 Oct 2024 | 125 | 31% | 35% | 35% | 66% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 53 | 48% | 29% | 23% | 54% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 396 | 7% | 36% | 57% | 90% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 64 | 66% | 11% | 23% | 68% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 71 | 23% | 26% | 51% | 61% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 74 | 48% | 25% | 27% | 61% |
| 01 Apr 2021 - 30 Sept 2021 | 27 Oct 2021 | 121 | 32% | 14% | 53% | 61% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 71 | 40% | 8% | 52% | 84% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 88 | 24% | 34% | 42% | 96% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 52 | 40% | 35% | 25% | 93% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 52 | 58% | 25% | 17% | 67% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 47 | 57% | 23% | 20% | 65% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
L&Q New Homes Limited's standard payment terms is to make payment within 30 days of receipt of a valid invoice. Subcontractor suppliers are paid in line with their contract, which may be more quickly.
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
L&Q New Homes Limited aims to resolve all disputes promptly. This will normally be by contacting the supplier and resolving any issues.
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
L&Q New Homes Limited is a registered entity within L&Q Group, a housing association and residential developer that has built affordable and market homes for over 50 years. Companies House records the entity's nature of business as buying and selling of own real estate, indicating it is used within the group structure to manage the sale of new-build homes developed by L&Q. The wider L&Q Group operates as a housing association and residential developer, providing homes for rent, shared ownership and outright sale, alongside repairs, maintenance and resident account services. This company itself functions as part of that group's new homes and sales operations rather than as an independent trading business.
Generated from the company's website and Companies House records. Sources: lqgroup.org.uk · lqgroup.org.uk · lqgroup.org.uk