Score of 86/100 qualifies for PaymentCheck Certification
Aster Homes Limited maintains an average payment time of 28 days, sitting comfortably within standard 30-day terms and indicating a generally prompt payment culture. The majority of invoices (83%) are settled within 30 days, with a relatively small proportion falling into the 31–60 day bracket (8%) or beyond 60 days (9%), suggesting that when payments do slip, they are not dramatically overdue. Overall, the payment speed profile points to a company that typically honours terms without significant systemic delay.
Despite the favourable average, the late payment rate of 52% is a significant concern, indicating that more than half of all invoices are not being paid strictly on time, even if most are resolved before the 30-day mark. This disconnect between average payment speed and late payment frequency suggests inconsistent payment processing, potentially driven by internal approval bottlenecks or cash flow variability rather than a deliberate pattern of delay. The 9% of invoices exceeding 60 days adds a further layer of unpredictability, meaning a minority of invoices could require active chasing and prolonged resolution.
Aster Homes Limited presents a moderate risk profile: acceptable in terms of average settlement speed but unreliable in terms of consistent on-time payment, with over half of invoices technically late. Suppliers should factor in the likelihood of requiring payment reminders as routine practice, and consider building clear escalation procedures for the small but notable proportion of invoices that stretch beyond 60 days. Offering early payment incentives or establishing firm credit terms with defined late payment penalties could help improve payment discipline and reduce administrative overhead.
| 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 Oct 2025 - 31 Mar 2026 | 30 Apr 2026 | 28 | 83% | 8% | 9% | 52% |
| 01 Apr 2025 - 30 Sept 2025 | 03 Nov 2025 | 23 | 83% | 11% | 6% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
https://www.aster.co.uk/corporate/about-us/terms-and-conditions
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
You will be contacted back by a member of the PL team within 48 hours. All escalations of disputes need to be addressed with the PL manager
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?
No information available
Aster Homes Limited is a registered entity within Aster Group, a housing association operating across the south of England and London. The Group provides affordable and social rented homes, shared ownership properties and open market sales, reinvesting profits from sales to fund further affordable housing development. It owns and maintains over 38,000 homes and has an ongoing development programme aiming to deliver thousands more. The Group also includes Central and Cecil Housing Trust, East Boro Housing Trust and Enham Trust. This company's own registered activity is recorded as development of building projects, consistent with its role in the Group's housebuilding operations.
Generated from the company's website and Companies House records. Sources: aster.co.uk · aster.co.uk