BERKELEY HOMES (SOUTHALL) LIMITED

PaymentCheck Score 2023
85Good
14.1vs last year
#1377 in UK
#77 in Property
#213 in South East

Company Information

Company Number
06013820
Registered Address
Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG
Status
Active
Employee Count
0
Turnover
£54,097,000
EBITDA
£8,283,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 November 2006
Nature of Business
41100 - Development of building projects
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
22 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:42 days

Payment Timeline

Within 30 Days
81%
31-60 Days
15%
After 60 Days
4%
Not Paid Within Terms18%

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: 2023-11-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2023 - 31 Oct 202324 Nov 20232281%15%4%18%
01 Nov 2022 - 30 Apr 202326 May 20232580%12%8%18%
01 Nov 2021 - 30 Apr 202218 Aug 20224059%26%15%39%
01 May 2021 - 31 Oct 202118 Aug 20224650%30%20%47%

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 Homes (Southall)'s standard purchase order payment terms for suppliers requires payment to be made within 30 days from the receipt of a valid invoice. Berkeley Homes (Southall)'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 Homes (Southall)'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 Homes (Southall) Limited is a leading property development company based in Southall, London. The company is committed to sustainability and has implemented numerous initiatives to minimize their environmental impact. They offer a wide range of residential properties, including apartments, townhouses, and penthouses, designed to meet the needs of modern living.

The company's sustainability program includes measures such as using sustainable building materials, implementing energy-efficient technologies, and promoting recycling and waste reduction. They also support local communities and charities through various initiatives and partnerships.

Key people at Berkeley Homes (Southall) Limited include Managing Director, Rob Perrins, and Chairman, Tony Pidgley. They have a team of experienced professionals who are dedicated to delivering high-quality homes and excellent customer service.

For more information on their products and services, customers can visit their website at www.berkeleygroup.co.uk/southall. The company's registered office address is at Berkeley House, 19 Portsmouth Road, Cobham, Surrey, KT11 1JG, United Kingdom.

In summary, Berkeley Homes (Southall) Limited is a reputable property development company with a strong focus on sustainability. They offer a variety of modern and sustainable residential properties and are led by a team of experienced professionals. Their commitment to environmental responsibility and community support makes them a trusted and reliable choice for homebuyers.

Financial Metrics

Cash
£0
Net Worth
-£65,142,000
Total Current Assets
£229,705,000
Total Current Liabilities
£293,839,000

Company Location