L&Q NEW HOMES LIMITED

PaymentCheck Score 2025
33Poor
17.6vs last year
#4245 in UK
#1444 in London

Company Information

Company Number
04828168
Registered Address
29-35 West Ham Lane, London, United Kingdom, E15 4PH
Status
Active
Employee Count
0
Turnover
£131,091,000
EBITDA
£4,682,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 July 2003
Nature of Business
68100 - Buying and selling of own real estate
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
75 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
47%
31-60 Days
17%
After 60 Days
36%
Not Paid Within Terms56%

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 202530 Oct 20257645%16%39%82%
01 Oct 2023 - 31 Mar 202430 Apr 20245348%29%23%54%
01 Apr 2023 - 30 Sept 202330 Oct 20233967%36%57%90%
01 Oct 2022 - 31 Mar 202328 Apr 20236466%11%23%68%
01 Apr 2022 - 30 Sept 202228 Oct 20227123%26%51%61%
01 Apr 2021 - 30 Sept 202127 Oct 202112132%14%53%61%
01 Oct 2020 - 31 Mar 202128 Apr 20217140%8%52%84%
01 Apr 2019 - 30 Sept 201930 Oct 20195240%35%25%93%

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

L&Q New Homes Limited’s standard payment terms is to make payment within 30 days from 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

Dispute Resolution Process

L&Q New Homes aims to resolve all disputes promptly. This will normally be by contacting the supplier to resolve any issues.

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

L&Q NEW HOMES LIMITED is a British real estate company that specializes in the development and construction of new homes. They are committed to sustainability and offer a range of products and services to meet the needs of modern homebuyers.

Their sustainability program focuses on reducing their carbon footprint, promoting energy efficiency, and using eco-friendly materials in their construction projects. They also strive to create homes that are suitable for people of all ages and abilities, with designs that promote inclusivity and accessibility.

L&Q NEW HOMES LIMITED has a dedicated team of experts who are responsible for the design, construction, and sales of their properties. They work closely with local communities and authorities to ensure that their developments are in line with the needs of the area.

Their products include a variety of new homes, from apartments to townhouses and detached houses, catering to different budgets and lifestyles. They also offer services such as mortgage advice and homebuying schemes to help customers find their dream home.

Key people at L&Q NEW HOMES LIMITED include their CEO, Fiona Fletcher-Smith, and their Chairman, Ian Kelsey. They also have a board of directors who bring a wealth of experience to the company.

Their website, www.lqnewhomes.co.uk, provides information about their current and upcoming developments, as well as details about their sustainability efforts and services. Their registered office address is 29-35 West Ham Lane, Stratford, London, E15 4PH.

In summary, L&Q NEW HOMES LIMITED is a leading real estate company in the UK that is committed to sustainability and providing high-quality, inclusive homes for all. With a dedicated team and a range of products and services, they aim to make the homebuying process easier and more environmentally friendly.

Financial Metrics

Cash
£9,818,000
Net Worth
£257,938,000
Total Current Assets
£196,664,000
Total Current Liabilities
£57,903,000

Company Location