HARWORTH ESTATES INVESTMENTS LIMITED
Company Information
- Company Number
- 07532134
- Registered Address
- Advantage House Poplar Way, Catcliffe, Rotherham, United Kingdom, S60 5TR
- Status
- Active
- Employee Count
- 0
- Turnover
- £56,742,000
- EBITDA
- £31,128,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 February 2011
- Nature of Business
- 41100 - Development of building projects68100 - Buying and selling of own real estate68201 - Renting and operating of Housing Association real estate
- Industries
- Property,Infrastructure And Construction
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for HARWORTH ESTATES INVESTMENTS LIMITED shows a consistent decrease in the average time taken to pay invoices over the past three periods. This is accompanied by an increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days. This indicates a trend towards early payment and a reduction in delayed payments.
Volatility Analysis
The data for HARWORTH ESTATES INVESTMENTS LIMITED shows a relatively consistent volatility, with small fluctuations in the average time to pay and the percentage of invoices paid within 30 days. However, there is a noticeable decrease in the percentage of invoices paid between 31 and 60 days in the most recent period, which may indicate a more stable trend towards early payment.
Summary Analysis
HARWORTH ESTATES INVESTMENTS LIMITED has shown a consistent improvement in their payment practices over the past three periods. The average time taken to pay invoices has decreased by 12 percentage points, with a corresponding increase in the percentage of invoices paid within 30 days. The percentage of invoices paid later than 60 days has also decreased, with the most recent period showing the lowest percentage at 3%. However, there is still room for improvement as the percentage of invoices not paid within agreed terms remains at 3%.
Performance Reports History
| 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 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 29 | 66% | 32% | 2% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 34 | 45% | 46% | 9% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 34 | 52% | 42% | 6% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 28 Jan 2023 | 32 | 56% | 38% | 5% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 32 | 57% | 39% | 4% | 4% |
| 01 Jun 2021 - 31 Dec 2021 | 27 Jan 2022 | 29 | 61% | 36% | 3% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 38 | 64% | 28% | 8% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 60 | 33% | 45% | 22% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 41 | 47% | 38% | 15% | 15% |
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
Standard terms are end of month plus 30 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Harworth Estates Investments Ltd actively seeks to resolve disputes by discussing them with relevant suppliers, typically involving members of accounts payable and credit control departments and/or the commercial teams and/or members of management. However, where it is not possible to reach an agreement a number of potential disputes resolution methods may be used.
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
HARWORTH ESTATES INVESTMENTS LIMITED is a UK-based real estate company that specializes in the development, management, and regeneration of land and property. The company operates in various sectors such as residential, commercial, and industrial, with a focus on sustainability.
The company has a strong sustainability program in place, which includes policies for reducing carbon footprint, minimizing waste, and promoting biodiversity. They also have a dedicated team that works towards achieving sustainable development in all their projects.
HARWORTH ESTATES INVESTMENTS LIMITED offers a wide range of products and services, including land acquisition, planning and development, property management, and asset management. They work closely with local communities and stakeholders to ensure that their projects are beneficial and sustainable for all parties involved.
The key people at HARWORTH ESTATES INVESTMENTS LIMITED include the CEO, Owen Michaelson, who has over 25 years of experience in the real estate industry. The company also has a strong board of directors with extensive knowledge and expertise in the sector.
Their website, www.harworthgroup.com, provides detailed information about the company, its projects, and their sustainability efforts. The registered office address is Harworth Group plc, Advantage House, Poplar Way East, Catcliffe, Rotherham, S60 5TR, United Kingdom.
In summary, HARWORTH ESTATES INVESTMENTS LIMITED is a leading real estate company in the UK, with a strong commitment to sustainability. Their wide range of products and services, along with their dedicated team and experienced leadership, make them a trusted and reliable partner in the development and management of land and property.