INLAND HOMES PLC

PaymentCheck Score 2022
70Fair
27.5vs last year
#2673 in UK
#267 in Property
#1073 in London

Company Information

Company Number
05482990
Registered Address
2nd Floor 110 Cannon Street, London, EC4N 6EU
Status
In Administration
Employee Count
143
Turnover
£181,700,000
EBITDA
£22,200,000

Additional Details

Company Type
Public limited Company
Incorporated On
16 June 2005
Nature of Business
41100 - Development of building projects
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
28 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
73%
31-60 Days
22%
After 60 Days
5%
Not Paid Within Terms69%

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: 2022-11-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2022 - 30 Sept 202201 Nov 20222873%22%5%69%
01 Apr 2021 - 30 Sept 202121 Oct 20214733%47%20%89%
01 Oct 2020 - 31 Mar 202123 Apr 20214338%45%17%84%
01 Jan 2019 - 30 Sept 201929 Oct 20192952%45%3%72%
01 Jul 2018 - 31 Dec 201828 Jan 20192765%33%2%59%
01 Jan 2018 - 30 Jun 201819 Jul 20184640%34%26%70%

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

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 information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

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.

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

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.

Financial Metrics

Cash
£12,100,000
Net Worth
£182,900,000
Total Current Assets
£301,300,000
Total Current Liabilities
£160,000,000

Company Location