THE GATESHEAD HOUSING COMPANY
Company Information
- Company Number
- 04944719
- Registered Address
- Civic Centre, Regent Street, Gateshead, NE8 1JN
- Status
- Dissolved
- Employee Count
- 762
- Turnover
- £61,251,000
- EBITDA
- -£3,695,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 27 October 2003
- Nature of Business
- 68320 - Management of real estate on a fee or contract basis
- Industries
- Coming Soon
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for THE GATESHEAD HOUSING COMPANY to pay invoices has remained relatively consistent over the past three periods, ranging from 17 to 21 days.
Volatility Analysis
The volatility in average time taken to pay invoices has been low, with only a 4-day difference between the highest and lowest periods.
Performance Reports History
| 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 2019 - 31 Mar 2020 | 23 Apr 2020 | 21 | 88% | 8% | 4% | 12% |
| 01 Apr 2019 - 30 Sept 2019 | 18 Oct 2019 | 21 | 84% | 12% | 4% | 16% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 17 | 90% | 7% | 3% | 10% |
| 01 Apr 2018 - 30 Sept 2018 | 19 Oct 2018 | 18 | 91% | 7% | 3% | 10% |
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 all invoices are 30 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
All suppliers are advised to contact the accountancy team regarding any unpaid invoices and are made aware of the telephone number and email address to contact. The accountancy team will check the finance system and request copies of any invoices that have not been received. If an invoice is already on the system but has not been authorised then they will contact the relevant manager to discuss the invoice and either the relevant manager or accounts team will contact the supplier to provide them with an update.
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
The Gateshead Housing Company is a non-profit organization that provides housing services to the residents of Gateshead, a town in the North East of England. The company was established in 2004 and is owned by Gateshead Council.
The main goal of The Gateshead Housing Company is to provide affordable and high-quality housing options for the people of Gateshead. They manage over 20,000 properties, including social housing, affordable homes, and private rental properties.
As part of their commitment to sustainability, The Gateshead Housing Company has implemented several initiatives to reduce their carbon footprint and promote environmentally-friendly practices. These include installing solar panels, implementing energy-saving measures in their properties, and promoting recycling and waste reduction.
The company also offers a variety of products and services to their tenants, including repairs and maintenance, housing advice, and support for vulnerable residents. They also have a dedicated team to help tenants manage their rent and access financial support if needed.
Some key people involved in the company include the Board of Directors, led by the Chief Executive, and a team of housing officers and customer service representatives.
For more information on The Gateshead Housing Company, their website is www.gatesheadhousing.co.uk. Their registered office address is Civic Centre, Regent Street, Gateshead, NE8 1JN.
