Flagship Housing Developments Limited carries an average payment time of 59 days, sitting just inside the 60-day threshold but well beyond standard 30-day terms. While 61% of invoices are settled within 30 days, a significant 22% extend beyond 60 days, indicating a consistently split payment pattern rather than a gradual improvement or deterioration. The 31-60 day band accounts for only 17%, suggesting payments tend to cluster at either end of the spectrum rather than settling at a predictable midpoint.
With 44% of invoices paid late, nearly half of all transactions fall outside agreed terms, presenting a high reliability risk for suppliers dependent on predictable cash flow. The concentration of 22% of payments beyond 60 days adds further unpredictability, as a notable portion of invoices could remain outstanding for an extended and uncertain period. This polarised payment behaviour makes cash flow forecasting difficult and suggests inconsistent internal payment processes at Flagship Housing Developments Limited.
Overall, Flagship Housing Developments Limited presents a moderate-to-high payment risk, and suppliers should factor extended payment timelines into their working capital planning before engaging. It is advisable to negotiate contract terms that reflect the 59-day average rather than standard 30-day terms, and to consider requesting partial upfront payment or staged invoicing to reduce exposure. Credit limits should be set conservatively, and accounts should be actively monitored given the elevated rate of late payments.
| 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 | 28 Apr 2026 | 59 | 61% | 17% | 22% | 44% |
| 01 Oct 2024 - 31 Mar 2025 | 15 Jul 2025 | 41 | 67% | 17% | 16% | 33% |
| 01 Apr 2024 - 30 Sept 2024 | 15 Jul 2025 | 51 | 49% | 25% | 26% | 46% |
| 01 Oct 2023 - 31 Mar 2024 | 15 Jul 2025 | 52 | 57% | 22% | 21% | 40% |
| 01 Apr 2023 - 30 Sept 2023 | 15 Jul 2025 | 50 | 55% | 25% | 20% | 42% |
| 01 Oct 2022 - 31 Mar 2023 | 15 Jul 2025 | 45 | 60% | 24% | 16% | 38% |
| 01 Apr 2022 - 30 Sept 2022 | 15 Jul 2025 | 39 | 69% | 18% | 13% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment 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
We strive to resolve queries and disputes on a timely basis. The main point of contact for disputes is the Flagship sub-group Accounts Payable team based in Norwich, UK. If an invoice is disputed the supplier will receive an email indicating the invoice number and reason for dispute. We treat all disputes on their individual merit and seek to resolve the root cause with the supplier.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Flagship Housing Developments Limited is a company registered in Norwich, incorporated in 2004 and originally named Lawgra (No.1105) Limited before adopting its current name later that year. Companies House records its nature of business as management of real estate on a fee or contract basis. Until 2019 it was controlled by Flagship Housing Group Limited, a community benefit society, which held majority ownership and voting rights and the right to appoint directors. This indicates the company operated as part of a wider housing group structure, with its own role centred on managing real estate rather than owning or developing property directly. The company remains active, with no further detail available on specific developments or services provided.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk