COUNTRYSIDE PROPERTIES (WPL) LIMITED

PaymentCheck Score 2021
45Poor
2.5vs last year
#4705 in UK
#813 in South East

Company Information

Company Number
08575300
Registered Address
11 Tower View, Kings Hill, West Malling, Kent, United Kingdom, United Kingdom, ME19 4UY
Status
Active
Employee Count
Coming Soon
Turnover
£13,300,000
EBITDA
£600,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 June 2013
Nature of Business
41100 - Development of building projects
Industries
Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
48 days
Shortest Period:7 days
Longest Period:61 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
62%
31-60 Days
11%
After 60 Days
27%
Not Paid Within Terms27%

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)

Company Review

Trend Analysis

COUNTRYSIDE PROPERTIES (WPL) LIMITED shows a mixed payment trend; while 62% of invoices are settled within 30 days, the average payment time is extended to 48 days. This average is significantly influenced by a substantial 27% of payments consistently exceeding 60 days, indicating a dual payment trajectory rather than uniform speed.

Volatility Analysis

Payment predictability for this entity is moderate to high risk, given that 27% of invoices are consistently paid over 60 days late. This significant proportion of very late payments introduces considerable cash flow volatility and makes reliable forecasting challenging for suppliers.

Summary Analysis

Suppliers should be cautious, as the high percentage of very late payments (27% over 60 days) poses a material risk to cash flow despite a majority paying promptly. Consider implementing stricter payment terms for this client or exploring options like phased billing or early payment discounts to mitigate exposure.

Performance Reports History

Reporting Period Filed: 2021-10-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2021 - 30 Sept 202129 Oct 20214862%11%27%27%
01 Oct 2020 - 31 Mar 202130 Apr 20215525%10%65%14%
01 Apr 2020 - 30 Sept 202027 Oct 20206121%52%27%30%
01 Oct 2019 - 31 Mar 202022 Apr 20206121%58%21%32%
01 Apr 2019 - 30 Sept 201922 Oct 20195025%59%16%27%
01 Oct 2018 - 31 Mar 201929 Apr 20194717%69%14%28%
01 Apr 2018 - 30 Sept 201829 Oct 2018455%85%10%94%

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

Where payment relates to services provided by labour subcontractors, payment is to be settled within 7 days. Where payment relates to any other goods or services, payment is to be settled within 30 days following the end of the calendar month of receipt.

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

Dispute Resolution Process

Dispute resolution is a three-step process that starts with the dispute being referred to the relevant Manager within the business. Countryside WPL and the Vendor will then seek to settle the dispute by negotiation. If the dispute is not resolved it shall be referred to expert determination.

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

COUNTRYSIDE PROPERTIES (WPL) LIMITED is an active private limited company focused on property. The company's name indicates its specialisation within the property sector.

Registered with company number 08575300, the firm was incorporated on 18 June 2013. Its registered office is located at 11 Tower View, Kings Hill, West Malling, Kent, United Kingdom, ME19 4UY, placing its operations within the South East region.

As a property-focused private limited company in the UK market, such organisations typically engage in the acquisition, development, construction, and sale of residential and commercial properties. They may also provide services related to property management and investment.

Financial Metrics

Cash
£700,000
Net Worth
£2,800,000
Total Current Assets
£9,200,000
Total Current Liabilities
£6,500,000

Company Location