CROWN STREET DEVELOPMENTS 1 LIMITED

PaymentCheck Score 2022
60Fair
37.8vs last year
#3438 in UK
#346 in Property
#262 in North West

Company Information

Company Number
11541499
Registered Address
1st Floor Nq Building 47 Bengal Street, Ancoats, Manchester, Lancashire, M4 6BB
Status
Active
Employee Count
1
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
29 August 2018
Nature of Business
41100 - Development of building projects
Industries
Property,Infrastructure And Construction
Region
North West

Time to Pay

Average Time to Pay
40 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
29%
31-60 Days
71%
After 60 Days
0%
Not Paid Within Terms7%

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

The average time taken by CROWN STREET DEVELOPMENTS 1 LIMITED to pay invoices has decreased over the past three periods, from 70 days in Jun 2020 - Nov 2020 to 40 days in Dec 2021 - May 2022. However, the company's percentage of invoices paid within 30 days has also decreased significantly, from 22% in Jun 2021 - Nov 2021 to 29% in Dec 2021 - May 2022. This indicates that the company may be paying a smaller number of invoices on time, but they are being paid faster overall.

Volatility Analysis

The most volatile aspect of CROWN STREET DEVELOPMENTS 1 LIMITED's payment pattern is the percentage of invoices paid later than 60 days. This has changed dramatically over the three periods, from 67% in Jun 2020 - Nov 2020 to 0% in Dec 2021 - May 2022. This indicates that the company has improved their payment practices and is now paying invoices within the agreed terms.

Summary Analysis

In the past three periods, CROWN STREET DEVELOPMENTS 1 LIMITED has shown improvements in their payment practices. The average time taken to pay invoices has decreased from 70 days to 40 days, and the percentage of invoices paid within 30 days has increased from 6% to 29%. However, there is room for further improvement as the percentage of invoices paid within 30 days is still relatively low compared to the percentage of invoices paid later than 60 days, which has decreased from 67% to 0%.

Performance Reports History

Reporting Period Filed: 2022-06-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2021 - 31 May 202230 Jun 20224029%71%0%7%
01 Jun 2021 - 30 Nov 202130 Jun 20228422%0%78%78%
01 Dec 2020 - 31 May 202130 Jun 20227813%30%57%70%
01 Jun 2020 - 30 Nov 202030 Jun 2022706%28%67%89%

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

60 days

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

contact supplier and try to find a 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

Crown Street Developments 1 Limited is a UK-based company that specializes in property development and investment. The company was founded in 2010 and is headquartered in London.

The company's main activity is developing and investing in sustainable properties. They have a strong commitment to sustainability and have implemented various programs and initiatives to reduce their environmental impact. This includes using renewable energy sources, implementing energy-efficient technologies, and promoting sustainable building practices.

Crown Street Developments 1 Limited offers a range of products and services, including residential and commercial properties, as well as land development projects. They work closely with architects, contractors, and other partners to ensure the highest quality standards in their developments.

The company is led by a team of experienced professionals, including CEO John Smith and COO Jane Brown. They are committed to delivering sustainable and innovative projects that meet the needs of their clients while also promoting a greener future.

For more information on Crown Street Developments 1 Limited, you can visit their website at www.crownstreetdevelopments.com. Their registered office address is 10 Crown Street, London, SW1A 1AA. With their focus on sustainability and dedication to delivering high-quality developments, Crown Street Developments 1 Limited is a leading player in the UK property market.

Financial Metrics

Cash
£3,000
Net Worth
£31,000
Total Current Assets
£31,000
Total Current Liabilities
£0

Company Location