ELAN HOMES HOLDINGS LTD. exhibits an average payment time of 38 days, indicating a consistent trend towards exceeding standard 30-day terms. While half of payments are made within 30 days, a substantial 46% fall into the 31-60 day bracket, showing a trajectory towards slower payment. Only 4% of payments are significantly delayed beyond 60 days.
With 49% of payments classified as late, ELAN HOMES HOLDINGS LTD. presents a notable level of payment unreliability for suppliers. The distribution shows a mixed pattern, with half paid within terms but the other half spread across 31-60 days and over 60 days, making future payment timing somewhat unpredictable. This inconsistency poses a moderate risk to a supplier's cash flow planning.
Suppliers should anticipate an average payment cycle of 38 days, with nearly half of invoices likely to be late. It is recommended to factor this extended payment timeframe into cash flow projections and potentially negotiate stricter payment terms or consider upfront payments for significant orders. This approach will help mitigate the identified payment unpredictability and potential financial strain.
| 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 |
|---|---|---|---|---|---|---|
| 30 Dec 2024 - 29 Jun 2025 | 23 Jul 2025 | 38 | 50% | 46% | 4% | 49% |
| 01 Jul 2024 - 29 Dec 2024 | 14 Feb 2025 | 33 | 48% | 49% | 3% | 57% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from the end of the month of the invoice date, We also have weekly paid subcontractors who provided the application is received by the last working day of the week are paid 7 days from receipt of application
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
61
Queries or disputes should be raised with the relevant Quantity Surveyor. These can then be communicated to the accounts payable team. Any remaining dispute can then be escelated to the management team if required. In respect of construction contracts, either party may refer the dispute to adjudication to be determined under the Scheme for Construction Act Regulations 1996. If the dispute cannot be resolved in accordance with normal procedures or adjudication the dispute will be determined by litigation in the courts of England and Wales
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
ELAN HOMES HOLDINGS LTD. is an active private limited company, functioning as a holding organisation for businesses operating within the homes sector. As a holding company, its primary purpose is to own and manage shares in other companies.
The company was incorporated on 24 October 2008, operating under company number 06732886. Its registered office is situated at 2nd Floor Colmore Court, 9 Colmore Row, Birmingham, England, B3 2BJ.
Holding companies in the homes sector typically oversee and manage a portfolio of subsidiary businesses involved in the UK residential property market. These often include activities such as land acquisition, property development, residential construction, and the sale of new homes.