YOUR HOMES NEWCASTLE LIMITED
Company Information
- Company Number
- 05076256
- Registered Address
- Civic Centre, Barras Bridge, Newcastle Upon Tyne, Tyne & Wear, NE1 8PR
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 17 March 2004
- Nature of Business
- 68201 - Renting and operating of Housing Association real estate
- Industries
- Coming Soon
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
YOUR HOMES NEWCASTLE LIMITED demonstrates a strong trend for swift payments, with an average payment time of 13 days and 89% of invoices settled within 30 days. Despite this efficiency, 22% of payments are categorized as late, with 10% falling into the 31-60 day bracket and 1% extending beyond 60 days. This indicates a consistent pattern of early payments for the majority, alongside a smaller, yet notable, segment experiencing delays.
Volatility Analysis
The company exhibits high reliability for prompt payments for the vast majority of transactions, making payment predictability generally strong. However, the 22% late payment rate introduces some unpredictability, meaning approximately one in five invoices could face an extended payment period beyond standard terms. The very low 1% of payments exceeding 60 days suggests minimal risk of severely protracted payment issues.
Summary Analysis
Overall, YOUR HOMES NEWCASTLE LIMITED represents a generally low payment risk for suppliers, with most invoices settled well within typical terms. Suppliers should account for the 22% late payment rate by perhaps building a buffer into cash flow projections or monitoring invoices nearing the 30-day mark. The minimal occurrence of payments over 60 days suggests that extreme payment issues are rare, making credit extension largely manageable.
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 Apr 2023 - 30 Sept 2023 | 07 Nov 2023 | 13 | 89% | 10% | 1% | 22% |
| 01 Oct 2022 - 31 Mar 2023 | 04 May 2023 | 16 | 85% | 13% | 2% | 42% |
| 01 Apr 2022 - 30 Sept 2022 | 11 Nov 2022 | 15 | 82% | 17% | 1% | 23% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 17 | 83% | 16% | 1% | 28% |
| 01 Apr 2021 - 30 Sept 2021 | 01 Nov 2021 | 18 | 85% | 14% | 1% | 34% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 15 | 90% | 9% | 1% | 33% |
| 01 Apr 2020 - 30 Sept 2020 | 03 Nov 2020 | 19 | 86% | 12% | 2% | 44% |
| 01 Oct 2019 - 31 Mar 2020 | 13 May 2020 | 19 | 91% | 8% | 1% | 32% |
| 05 Apr 2019 - 04 Oct 2019 | 30 Oct 2019 | 17 | 95% | 4% | 1% | 35% |
| 05 Oct 2018 - 04 Apr 2019 | 03 May 2019 | 19 | 93% | 5% | 2% | 32% |
| 05 Apr 2018 - 04 Oct 2018 | 29 Oct 2018 | 18 | 93% | 5% | 2% | 38% |
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
Standard Terms are 30 Days
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
If invoice values/VAT discrepancies they are returned to supplier/contractor and requested to be amended, hence disputed payment. If work not completed, then supplier/contractor informed and reason why payment is in dispute, this is relayed by particular department. Timescale is to be paid when work completed.
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
YOUR HOMES NEWCASTLE LIMITED is an active private company limited by guarantee without share capital. This structure indicates an organisation primarily focused on housing or property-related activities within Newcastle, operating for community benefit rather than the distribution of profits to shareholders.
The company was incorporated on 17 March 2004 and is registered under company number 05076256. Its operations are based in the North East, with its registered office located at Civic Centre, Barras Bridge, Newcastle Upon Tyne, Tyne & Wear, NE1 8PR.
As a private company limited by guarantee focused on homes, entities of this type in the UK market commonly provide housing management services, develop affordable housing solutions, offer property maintenance, and engage in various community housing initiatives.
