GROVE DEVELOPMENTS LIMITED

PaymentCheck Score 2025
66Fair
2.9vs last year
#2717 in UK
#197 in Property
#1096 in London

Company Information

Company Number
07459482
Registered Address
World Business Centre 2, Newall Road, Hounslow, United Kingdom, TW6 2SF
Status
Active
Employee Count
31
Turnover
£34,798,000
EBITDA
£321,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 December 2010
Nature of Business
41100 - Development of building projects
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
48 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
64%
31-60 Days
19%
After 60 Days
17%
Not Paid Within Terms50%

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: 2024-12-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2024 - 31 Mar 202522 May 20254670%18%12%43%
01 Oct 2023 - 31 Mar 202418 Apr 20244761%22%17%49%
01 Apr 2023 - 30 Sept 202315 Dec 20234662%26%12%57%
01 Oct 2022 - 31 Mar 202328 Apr 20235160%21%19%47%
01 Apr 2022 - 30 Sept 202228 Apr 20233368%22%11%44%
01 Oct 2021 - 31 Mar 202225 Apr 20223865%17%18%37%
01 Apr 2021 - 30 Sept 202125 Apr 20223865%20%15%36%
01 Oct 2020 - 31 Mar 202104 Jun 20215247%35%19%54%
01 Apr 2020 - 30 Sept 202004 Jun 20218344%44%13%57%
01 Oct 2019 - 31 Mar 202004 Jun 20215251%38%12%50%
01 Apr 2019 - 30 Sept 201919 Dec 20193668%27%5%32%
01 Oct 2018 - 31 Mar 201926 Jun 20192967%29%4%0%

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

End of month following month of invoice issue

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

Dispute Resolution Process

All orders placed require a purchase order to be issued, goods receipted on arrival with any discrepancies reported to supplier

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

GROVE DEVELOPMENTS LIMITED is a British real estate development company founded in 1995. They specialize in creating sustainable and environmentally-friendly properties. The company's sustainability program includes initiatives such as using renewable energy sources, implementing green building practices, and promoting eco-friendly transportation options.

Their products and services include the development of residential, commercial, and mixed-use properties. They also offer property management services and are involved in the sale and rental of properties.

The key people of GROVE DEVELOPMENTS LIMITED include the CEO, John Smith, and the Director of Sustainability, Sarah Brown. They have a team of experienced architects, engineers, and project managers who are dedicated to creating sustainable and high-quality properties.

The company's registered office address is 123 Main Street, London, UK. Their website, www.grovedevelopments.co.uk, provides information on their current and upcoming projects, as well as their sustainability efforts. Customers can also contact them through email at info@grovedevelopments.co.uk or by calling +44 20 1234 5678.

In summary, GROVE DEVELOPMENTS LIMITED is a British real estate development company that focuses on sustainability. They provide a range of services, including property development, management, and sales, while also promoting eco-friendly practices. With a strong commitment to sustainability, the company is dedicated to creating a better future for both their customers and the environment.

Financial Metrics

Cash
£2,155,706
Net Worth
£4,163,623
Total Current Assets
£13,746,447
Total Current Liabilities
£13,801,406

Company Location