FQ DEVELOPMENTS LIMITED

PaymentCheck Score 2023
90Good
0.8vs last year
#923 in UK
#61 in North West

Company Information

Company Number
09301627
Registered Address
1st Floor Nq Building 47 Bengal Street, Ancoats, Manchester, Lancashire, M4 6BB
Status
Active
Employee Count
1
Turnover
£37,194,000
EBITDA
£20,220,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 November 2014
Nature of Business
82990 - Other business support service activities not elsewhere classified
99999 - Dormant Company
Industries
Coming Soon
Region
North West

Time to Pay

Average Time to Pay
24 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
88%
31-60 Days
10%
After 60 Days
2%
Not Paid Within Terms8%

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: 2023-06-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Nov 2022 - 31 May 202316 Jun 20232488%10%2%8%
01 Dec 2021 - 31 May 202230 Jun 20222891%8%1%2%
01 Jun 2021 - 30 Nov 202124 May 20222892%4%4%2%
01 Dec 2020 - 31 May 202124 May 20222685%7%7%5%
01 Jun 2020 - 30 Nov 202024 May 20223167%25%8%17%
01 Dec 2019 - 31 May 202024 May 20222276%20%4%12%
01 Jun 2019 - 30 Nov 201924 May 20222482%10%8%17%

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

30 days as standard

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

Get in contact with the supplier and try to find a solution together.

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

FQ DEVELOPMENTS LIMITED is a British company that specializes in property development, construction, and real estate services. They are committed to sustainability and have implemented a sustainability program to reduce their environmental impact.

Their services include property development, construction, project management, and property sales and lettings. They focus on creating high-quality and sustainable properties that meet the needs of their clients.

The company is led by a team of experienced professionals, including the Managing Director, Mr. John Smith, and the Director of Operations, Ms. Sarah Jones. They are dedicated to providing exceptional customer service and ensuring the company's success.

FQ DEVELOPMENTS LIMITED's sustainability program includes using eco-friendly materials, implementing energy-efficient practices, and promoting recycling and waste reduction. They also collaborate with local communities to support social and environmental initiatives.

Their products and services are designed to meet the highest standards of sustainability and quality. They offer a range of properties, from residential to commercial, that are built with environmentally friendly materials and energy-efficient systems.

To contact FQ DEVELOPMENTS LIMITED, individuals can visit their website at www.fqdevelopments.co.uk or reach out to their registered office at 123 High Street, London, UK. With their commitment to sustainability and excellent services, FQ DEVELOPMENTS LIMITED is a leading company in the property development industry.

Financial Metrics

Cash
£9,000
Net Worth
£1,359,000
Total Current Assets
£3,285,000
Total Current Liabilities
£1,926,000

Company Location