COUNTRYWIDE GROUP LIMITED
Company Information
- Company Number
- 04947152
- Registered Address
- Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, United Kingdom, LU7 1GN
- Status
- Active
- Employee Count
- 2
- Turnover
- Coming Soon
- EBITDA
- £26,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 October 2003
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified70100 - Activities of head offices
- Industries
- Professional Services, Property, Infrastructure And Construction
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for COUNTRYWIDE GROUP LIMITED to pay invoices has fluctuated over the past three periods, with a decrease from 58 days in the first period to 37 days in the third period. However, it increased to 49 days in the fourth period before decreasing again to 44 days in the fifth period. In the last two periods, there has been a steady decrease in the average time to pay.
Volatility Analysis
The volatility of COUNTRYWIDE GROUP LIMITED's payment patterns can be seen in the significant changes in the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. The biggest changes occurred in the fourth period, with a decrease of 23% in invoices paid within 30 days and an increase of 21% in invoices paid later than 60 days compared to the previous period.
Summary Analysis
Between Jan 2019-Jun 2019, COUNTRYWIDE GROUP LIMITED had an average time to pay of 52 days, with 61% of invoices paid within 30 days, 27% paid between 31 and 60 days, and 12% paid later than 60 days. The company had the shortest standard payment period of 30 days during this period.
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 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 37 | 66% | 26% | 8% | 38% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 44 | 56% | 30% | 13% | 26% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 49 | 39% | 44% | 17% | 30% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 45 | 31% | 41% | 28% | 65% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 37 | 58% | 35% | 7% | 41% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 52 | 61% | 27% | 12% | 37% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 47 | 61% | 32% | 8% | 42% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 58 | 10% | 73% | 17% | 90% |
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 Countrywide Group has several standard payment terms for qualifying contracts. These range from 7 days to 60 days from receipt of invoice depending on the category of supplier. We make weekly payment runs.
Were there any changes to the standard payment terms in the reporting period?
Yes – As the Covid crisis lifted the group regularized payment terms back to pre-covid levels
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
For any disputes the supplier should first contact the Countrywide Accounts Payable Team via email at cwea.payables@countrywide.co.uk. The Accounts Payable team will consider the complaint and respond accordingly. If you believe the dispute has not been resolved satisfactorily, you may escalate the dispute by contacting your relationship contact.
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.
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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.
❌
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
Countrywide Group Limited is a leading real estate company based in the United Kingdom, offering a wide range of property services to customers. The company has a strong focus on sustainability and has implemented various initiatives to promote environmentally friendly practices.
The company's sustainability program includes reducing carbon emissions, promoting energy efficiency, and using sustainable materials in their construction projects. They also have a recycling program in place to minimize waste and encourage responsible consumption.
Countrywide Group Limited offers a range of products and services, including property sales, lettings, and management, as well as mortgage and insurance services. They have a nationwide network of branches, making their services easily accessible to customers.
Key people in the company include Peter Long, the Executive Chairman, and Paul Creffield, the Group Operations Director. Both have extensive experience in the real estate industry and are committed to driving the company's sustainability efforts.
To contact Countrywide Group Limited, their website address is www.countrywide.co.uk. Their registered office address is Countrywide House, 88-103 Caldecotte Lake Drive, Caldecotte, Milton Keynes, Buckinghamshire, MK7 8JT.
In conclusion, Countrywide Group Limited is a reputable real estate company in the UK with a strong commitment to sustainability. They offer a variety of services to customers and have a dedicated team of leaders driving their sustainability agenda.
