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 private limited company operating within the housing development sector. The company is incorporated and active within the United Kingdom, focusing on residential development activities as indicated by its registered name.
The company holds company registration number 05131085 and was incorporated on 18 May 2004. Its registered office is located at 31 King Street, Norwich, Norfolk, NR1 1PD, placing it within the East of England region.
Housing development companies of this type in the UK market are involved in the planning, construction, and delivery of residential properties. This encompasses activities such as site acquisition, project management, and the development of new homes across various tenures, including affordable and market-rate housing. Such organisations operate within the framework of UK planning regulations and building standards.
With over two decades of operation since its incorporation in 2004, Flagship Housing Developments Limited represents an established presence within the East of England's housing development landscape. The company continues to operate as an active entity, registered and compliant under UK company law.