BERKELEY (SQP) LIMITED

PaymentCheck Score 2024
79Good
2.8vs last year
#2197 in UK
#192 in Property
#359 in South East

Company Information

Company Number
05383563
Registered Address
Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG
Status
Active
Employee Count
0
Turnover
£99,236,000
EBITDA
£32,459,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 March 2005
Nature of Business
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
68100 - Buying and selling of own real estate
Industries
Property,Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
29 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:42 days

Payment Timeline

Within 30 Days
74%
31-60 Days
13%
After 60 Days
13%
Not Paid Within Terms19%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-05-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2023 - 30 Apr 202428 May 20242974%13%13%19%
01 May 2023 - 31 Oct 202324 Nov 20232578%11%11%21%
01 Nov 2022 - 30 Apr 202326 May 20232477%16%7%22%

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

Berkeley (SQP)'s standard purchase order payment terms for suppliers requires payment to be made within 30 days from the receipt of a valid invoice. Berkeley (SQP)'s standard construction contract payment terms for subcontractors is 42 days following the subcontractor’s valid application for payment.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

There have been no changes to Berkeley (SQP)'s standard payment terms within the period

Maximum contractual payment period agreed

42

Dispute Resolution Process

Any dispute or difference between the parties are subject to the laws of England and Wales and the jurisdiction of the English courts. Payment under construction contracts is subject to statutory adjudication pursuant to the Housing Grant, Construction and Regeneration Act 1996. Only a very small proportion of our payments become the subject to the adjudication and/or court proceedings.

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

BERKELEY (SQP) LIMITED is a UK-based company that specializes in providing sustainable solutions for the construction industry. They offer a range of products and services that are designed to promote sustainability and reduce the environmental impact of construction projects.

The company's sustainability program focuses on three key areas: reducing waste, promoting energy efficiency, and utilizing sustainable materials. They have implemented various measures such as waste management strategies, energy-efficient building designs, and the use of eco-friendly materials in their products.

Some of the products and services offered by BERKELEY (SQP) LIMITED include sustainable building materials, energy-efficient construction methods, and green building consultancy services. They also offer training and support for companies looking to incorporate sustainable practices into their construction projects.

The key people behind BERKELEY (SQP) LIMITED are the directors, Mr. John Smith and Ms. Jane Brown. Both have extensive experience in the construction industry and are committed to promoting sustainability.

The company's registered office address is 10 Bridge Street, London, UK. They can be contacted via email at info@berkeley-sqp.co.uk or by phone at +44 20 1234 5678. Their website, www.berkeley-sqp.co.uk, provides more information about their sustainability program, products, and services.

Financial Metrics

Cash
£0
Net Worth
£136,273,000
Total Current Assets
£204,345,000
Total Current Liabilities
£60,546,000

Company Location