Registration Number
05482990
Registered Address
2nd Floor 110 Cannon Street London EC4N 6EU
Company Status
In Administration
Employee Count
143
Turnover
£181,700,000
EBITDA
£22,200,000
Website
inlandhomes.co.uk/Company Type
Public limited Company
Incorporated on
16 June 2005
Nature of Business (SIC)
41100 - Development of building projects
Industries
Property development and construction
Region
London£12,100,000
£182,900,000
Filed
01 Nov 2022
Period
01 Apr 2022 - 30 Sep 2022
Average Time to Pay
28 days
Payment Periods
Shortest
30 days
Longest
60 days
Max Contractual
60 days
Not Paid Within Terms
69%
| 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 2022 - 30 Sep 2022 | 01 Nov 2022 | 28 | 73% | 22% | 5% | 69% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 44 | 38% | 44% | 18% | 84% |
| 01 Apr 2021 - 30 Sep 2021 | 21 Oct 2021 | 47 | 33% | 47% | 20% | 89% |
| 01 Oct 2020 - 31 Mar 2021 | 23 Apr 2021 | 43 | 38% | 45% | 17% | 84% |
| 01 Apr 2020 - 30 Sep 2020 | 30 Oct 2020 | 56 | 30% | 37% | 33% | 86% |
| 01 Oct 2019 - 31 Mar 2020 | 14 May 2020 | 36 | 46% | 42% | 13% | 77% |
| 01 Jan 2019 - 30 Sep 2019 | 29 Oct 2019 | 29 | 52% | 45% | 3% | 72% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 27 | 65% | 33% | 2% | 59% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 46 | 40% | 34% | 26% | 70% |
| 01 Jul 2017 - 31 Dec 2017 | 31 Jan 2018 | 54 | 23% | 41% | 36% | 80% |
INLAND HOMES PLC is a leading real estate development company in the UK, with a focus on sustainable practices
The company specializes in the development of residential and mixed-use properties, and has a strong commitment to creating sustainable communities
Their sustainability program, called "Building a Sustainable Future", aims to reduce the environmental impact of their developments and promote green living
This includes using sustainable materials, implementing energy-efficient designs, and promoting biodiversity in their projects
INLAND HOMES PLC offers a wide range of services, including land acquisition, planning, construction, and management of properties
They also provide high-quality homes for sale, rent, and shared ownership, catering to a diverse range of customers
The key people behind INLAND HOMES PLC are Chairman Stephen Wicks and CEO Stephen Teagle, both of whom have extensive experience in the real estate industry
They are supported by a team of professionals who are dedicated to delivering sustainable and innovative projects
To get in touch with INLAND HOMES PLC, individuals can visit their website at www.inlandhomes.co.uk
Their registered office address is located in Beaconsfield, Buckinghamshire, UK
In summary, INLAND HOMES PLC is a reputable real estate company in the UK, known for their commitment to sustainability and creating communities that promote green living
They offer a range of services, including land acquisition, planning, construction, and management, and are led by a team of experienced professionals
Their website provides more information about their projects and services, and individuals can contact them for any further inquiries
Inland Homes PLC has shown a fluctuating trend in their average time to pay invoices over the past three periods. From 2017-07-01 to 2018-12-31, there was a steady decrease in the average time to pay, with a drop of 27% in the third period. However, from 2019-01-01 to 2022-09-30, there has been an inconsistent trend, with a 19% increase in the fourth period and a 50% decrease in the fifth period. Overall, there has been a 48% increase in the average time to pay since the start of the data.
Inland Homes PLC has shown a high level of volatility in their average time to pay invoices over the past three periods. From 2017-07-01 to 2018-12-31, there was a volatility rate of 79%, with the largest change being a 27% decrease in the third period. From 2019-01-01 to 2022-09-30, there has been a volatility rate of 68%, with the largest change being a 50% decrease in the fifth period.
From 2021-04-01 to 2022-09-30, Inland Homes PLC has shown an improvement in their payment practices. Their average time to pay has decreased by 40% compared to the previous period, with an increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days. However, their volatility rate remains high, indicating a potential for further fluctuation in their payment practices.
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Inland Homes PLC, as standard, pays all its suppliers in line with standard terms unless otherwise negotiated. invoices from small businesses (with less than 50 employees) are paid to standard terms of 30 days invoices from larger businesses (with more than 50 employees) are paid to standard terms of 60 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
If, at any time, any question, dispute or difference arises between Inland Homes PLC and its supplier, the parties would refer the matter to senior representatives to the parties who shall use their reasonable endeavors to resolve the dispute in good faith within reasonable time.
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?
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