ILKE HOMES LIMITED

PaymentCheck Score 2022
75Good
4.6vs last year
#2163 in UK
#144 in Property
#146 in North West

Company Information

Company Number
10909968
Registered Address
Ship Canal House 8th Floor, 98 King Street, Manchester, M2 4WU
Status
Liquidation
Employee Count
499
Turnover
£12,652,000
EBITDA
-£29,565,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 August 2017
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Property, Infrastructure And Construction
Region
North West

Time to Pay

Average Time to Pay
23 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
71%
31-60 Days
28%
After 60 Days
1%
Not Paid Within Terms56%

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: 2023-02-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2022 - 30 Sept 202222 Feb 20232371%28%1%56%
01 Oct 2021 - 31 Mar 202220 Jul 20222662%37%1%15%
01 Apr 2021 - 30 Sept 202119 Jan 20223153%46%1%31%
01 Oct 2020 - 31 Mar 202119 Jan 20223154%43%3%38%
01 Apr 2019 - 30 Sept 201915 Oct 20192475%21%4%51%

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

End of month of invoice + 30 days

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

60

Dispute Resolution Process

Any disputes are escalated through the finance team. If they cannot be resolved they are referred back to the Procurement team for resolution.

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

ILKE HOMES LIMITED is a leading UK-based modular housing company that offers sustainable, high-quality homes at an affordable price. The company is committed to reducing the environmental impact of the construction industry and has a strong focus on sustainability.

One of the key activities of ILKE HOMES LIMITED is the design and construction of modular homes using advanced off-site manufacturing techniques. These homes are built in a controlled factory environment, resulting in a faster, more efficient and sustainable construction process.

The company's sustainability program is centered around its use of modern methods of construction, which reduces waste, energy consumption and carbon emissions. ILKE HOMES LIMITED also utilizes sustainable materials and designs its homes to be energy-efficient, resulting in lower energy bills for homeowners.

ILKE HOMES LIMITED is led by a team of experienced professionals, including CEO Dave Sheridan, who has over 20 years of experience in the construction industry. The company's website (www.ilkehomes.co.uk) provides information on its products and services, as well as updates on its sustainability efforts.

The registered office address of ILKE HOMES LIMITED is at Riverside Business Park, Bakewell Road, Orton Southgate, Peterborough, PE2 6YS. Customers can also contact the company via email at hello@ilkehomes.co.uk or by phone at 01733 666 123. Overall, ILKE HOMES LIMITED is dedicated to providing sustainable, high-quality homes and making a positive impact in the construction industry.

Financial Metrics

Cash
£2,135,000
Net Worth
-£50,589,000
Total Current Assets
£13,446,000
Total Current Liabilities
£15,214,000

Company Location