MHS HOMES LIMITED
Company Information
- Company Number
- 10704997
- Registered Address
- Broadside, Leviathan Way, Chatham, Kent, ME4 4LL
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 3 April 2017
- Nature of Business
- 68201 - Renting and operating of Housing Association real estate
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
MHS HOMES LIMITED demonstrates a strong average payment time of 12 days, indicating a general trend towards prompt settlement for most invoices. While 69% of payments are consistently made within 30 days, a notable 31% are categorized as late, suggesting a dual pattern where timely payments coexist with significant delays for a portion of invoices. This implies that while the overall trajectory points to speed, consistency is not universal across all transactions.
Volatility Analysis
The payment profile shows a degree of unpredictability for suppliers, as 31% of invoices (25% in 31-60 days, 6% over 60 days) fall outside standard net-30 terms. This distribution indicates that approximately one-third of payments are unreliable in terms of prompt settlement, posing challenges for accurate cash flow forecasting. Specifically, the 6% of payments exceeding 60 days represents a significant risk factor for extended credit exposure and potential working capital strain.
Summary Analysis
Overall, MHS HOMES LIMITED exhibits a generally quick payment cycle with an average of 12 days, yet suppliers must factor in the consistent occurrence of late payments for nearly one-third of their invoices. A key decision factor for suppliers should be their capacity and willingness to tolerate extended payment terms, particularly the 6% that stretch beyond 60 days. To mitigate this risk, suppliers might consider implementing stricter payment terms or negotiating shorter cycles for higher-value contracts.
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 Apr 2025 - 30 Sept 2025 | 11 Nov 2025 | 12 | 69% | 25% | 6% | 31% |
| 01 Oct 2024 - 31 Mar 2025 | 18 Jul 2025 | 12 | 70% | 26% | 4% | 30% |
| 01 Apr 2024 - 30 Sept 2024 | 02 Dec 2024 | 13 | 98% | 2% | 0% | 2% |
| 01 Oct 2023 - 31 Mar 2024 | 03 Jun 2024 | 13 | 98% | 1% | 1% | 2% |
| 01 Apr 2023 - 30 Sept 2023 | 15 Nov 2023 | 13 | 98% | 2% | 0% | 2% |
| 01 Oct 2022 - 31 Mar 2023 | 22 Jun 2023 | 15 | 97% | 2% | 1% | 3% |
| 01 Apr 2022 - 30 Sept 2022 | 22 Jun 2023 | 15 | 96% | 3% | 1% | 4% |
| 01 Oct 2021 - 31 Mar 2022 | 30 Jun 2022 | 15 | 95% | 3% | 2% | 5% |
| 01 Apr 2021 - 30 Sept 2021 | 12 Nov 2021 | 15 | 95% | 4% | 1% | 5% |
| 30 Oct 2020 - 31 Mar 2021 | 25 May 2021 | 16 | 94% | 3% | 3% | 1% |
| 01 Apr 2019 - 30 Sept 2019 | 04 Nov 2019 | 16 | 96% | 3% | 1% | 1% |
| 01 Oct 2018 - 30 Apr 2019 | 30 Apr 2019 | 15 | 95% | 4% | 1% | 1% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 16 | 98% | 2% | 0% | 2% |
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
Unless otherwise stated in the order, we will pay within 30 days of the end of month in which we receive the invoice. We will be entitled to set off against the invoice any credits owed to us by the supplier.
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
Any disputes should be directed to the Purchase Ledger department via email at purchase.ledger@mhs.org.uk. A response will be given within two working days of receipt of the email.
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
MHS HOMES LIMITED operates as a housing organisation
As a private company limited by guarantee without share capital, its structure is typically used for non-profit or social benefit purposes, focusing on providing or managing homes rather than distributing profits to shareholders
The company is active, incorporated on 3 April 2017, and registered in the South East of England
Its registered office is located at Broadside, Leviathan Way, Chatham, Kent, ME4 4LL, with company number 10704997
In the UK market, organisations structured as a company limited by guarantee with 'Homes' in their name typically provide affordable housing, manage residential properties, and offer related tenant support services
They often focus on social housing provision, property development for community benefit, and housing-related regeneration
