NOTTINGHAM CITY HOMES LIMITED

Company Information

Company Number
05292636
Registered Address
Loxley House, Station Street, Nottingham, Nottinghamshire, NG2 3NJ
Status
Active
Employee Count
7
Turnover
£11,909,000
EBITDA
-£1,615,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
22 November 2004
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Environment, Agriculture And Waste, Professional Services, Property, Infrastructure And Construction, Property-related Goods And Services, Safety And Security, Supply Chain, Manufacturing And Commerce Models
Region
East Midlands

Time to Pay

Average Time to Pay
18 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
83%
31-60 Days
14%
After 60 Days
3%
Not Paid Within Terms17%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-06-14
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2018 - 31 Mar 201914 Jun 20192080%17%3%20%
01 Apr 2018 - 30 Sept 201814 Jun 20191883%14%3%17%

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 of 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

Any resolution disputes will be handled within the Finance Department at Nottingham City Homes. Nottingham City Homes are committed to paying invoices within 30 days, therefore would seek a resolution within that time frame. In order to ensure all invoices are paid on time, all purchase orders issued by Nottingham City Homes advise where to send supplier invoices and all terms and conditions are on the back of each purchase order.

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

Nottingham City Homes Limited is a housing management company based in Nottingham, UK. They provide affordable and high-quality housing services to over 27,000 homes in the city, including social housing, private rented properties, and leasehold homes.

Their sustainability program focuses on improving the energy efficiency of their homes and reducing carbon emissions. They have implemented various initiatives such as installing solar panels, using smart meters, and promoting recycling and waste reduction. They also offer free energy advice and support to their residents.

Nottingham City Homes Limited offers a range of products and services to their residents, including repairs and maintenance, estate management, and tenancy support. They also have a dedicated team for helping residents find suitable homes and provide support for those who are struggling to pay their rent.

The key people at Nottingham City Homes Limited include Nick Murphy, the Chief Executive, and a Board of Directors who are responsible for the overall management and direction of the company.

Their website, https://www.nottinghamcityhomes.org.uk/, provides information on their services, current vacancies, and updates on their sustainability efforts. Their registered office address is Nottingham City Homes Limited, Loxley House, Station Street, Nottingham, NG2 3NJ.

In summary, Nottingham City Homes Limited is a housing management company that is committed to providing sustainable and affordable homes for the residents of Nottingham. They offer a range of services and have a strong focus on reducing their environmental impact. Their website and registered office address make it easy for residents to access their services and stay updated on their initiatives.

Financial Metrics

Cash
£17,429,000
Net Worth
£7,231,000
Total Current Assets
£18,814,000
Total Current Liabilities
£29,234,000

Company Location