ST. MODWEN HOMES LIMITED
Company Information
- Company Number
- 09095920
- Registered Address
- Two Devon Way, Longbridge, Birmingham, United Kingdom, B31 2TS
- Status
- Active
- Employee Count
- 354
- Turnover
- £239,283,000
- EBITDA
- -£20,298,000
Additional Details
- Website
- https://stmodwenhomes.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 20 June 2014
- Nature of Business
- 68100 - Buying and selling of own real estate
- Industries
- Property, Infrastructure And Construction, Property-related Goods And Services
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 29 Jul 2024 | 34 | 69% | 23% | 8% | 24% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 44 | 70% | 20% | 10% | 22% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 37 | 62% | 28% | 10% | 29% |
| 01 Dec 2020 - 31 May 2021 | 29 Jun 2021 | 43 | 55% | 31% | 14% | 41% |
| 01 Jun 2020 - 30 Nov 2020 | 22 Dec 2020 | 48 | 44% | 35% | 21% | 49% |
| 01 Dec 2018 - 31 May 2019 | 24 Jun 2019 | 33 | 65% | 27% | 8% | 30% |
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
St. Modwen Homes Ltd's standard supplier payment terms are ’30 days from date of invoice’. Subcontractor suppliers are paid in line with their contract. Payment of any amount ascertained in accordance with the Contract under an Interim Application (if any) to the Contractor shall become due 24 days after the Application Date ("Payment Due Date"). St. Modwen Homes Ltd is committed to supporting SMEs which are therefore paid on shorter terms.
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
45
Dispute Resolution Process
St. Modwen Homes Ltd is committed to fair dealing with all of its supply chain members, and transparency and swift resolution of disputed items are key principles in this process. If a dispute arises the parties will attempt, in good faith, to reach settlement as soon as possible. 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.
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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.
❌
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?
❌
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
St. Modwen Homes Limited is a UK-based residential property developer that focuses on building sustainable and environmentally friendly homes. The company was founded in 1986 and is headquartered in Birmingham, England.
The company's sustainability program is centered around three main pillars: people, planet, and profit. They aim to create sustainable communities by using eco-friendly building materials, promoting energy efficiency, and reducing carbon emissions. St. Modwen Homes also works closely with local communities to ensure their developments are in line with the needs and preferences of residents.
Their products and services include a range of new build homes, ranging from apartments to family homes, in various locations across the UK. They offer a variety of house designs and customizable options to suit the needs and preferences of their customers. St. Modwen Homes also provides a 10-year warranty on all their homes, giving customers peace of mind.
The key people at St. Modwen Homes Limited include Mark Allan, the Chief Executive Officer, who has been with the company since 2016, and Sarah Whitney, the Director of Sales and Marketing. Both have extensive experience in the property development industry and are committed to the company's sustainability goals.
To contact St. Modwen Homes Limited, customers can visit their website at www.stmodwenhomes.co.uk or call their registered office at 0121 222 9400. The registered office address is St. Modwen House, Longbridge Road, Birmingham, B31 2TW.
In summary, St. Modwen Homes Limited is a leading residential property developer in the UK with a strong focus on sustainability. They offer a variety of sustainable homes and work closely with local communities to create sustainable and vibrant neighborhoods. Their key people and contact information are readily available for customers to get in touch and learn more about their services.
