HERON BROS. LIMITED
Company Information
- Company Number
- NI016051
- Registered Address
- 2,St.Patrick's Street, Draperstown, Co.Londonderry, BT45 7AL
- Status
- Active
- Employee Count
- 305
- Turnover
- £114,187,000
- EBITDA
- £7,009,000
Additional Details
- Website
- https://www.heronbros.com/
- Company Type
- Private limited Company
- Incorporated On
- 2 September 1982
- Nature of Business
- 41201 - Construction of commercial buildings
- Industries
- Property,Infrastructure And Construction
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
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 Mar 2020 - 31 Aug 2020 | 11 Feb 2021 | 31 | 75% | 20% | 5% | 7% |
| 01 Sept 2019 - 29 Feb 2020 | 11 Feb 2021 | 33 | 73% | 19% | 8% | 8% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 32 | 74% | 14% | 12% | 7% |
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
Subcontract payment terms are agreed as part of individual contract negotiations. Payment terms are generally 30 days from the end of month.
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
90
Dispute Resolution Process
The company has a dispute resolution policy which involves direct communication between our accounts and surveying department and our suppliers to establish the facts about the dispute. If resolution is not reached it is escalated to the company board for referral to a 3rd party.
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
HERON BROS. LIMITED is a construction and property development company based in Northern Ireland. Established in 1956, the company has over 60 years of experience in the industry and has become a leading name in the construction sector.
The company's sustainability program is a key aspect of their operations, with a strong focus on environmental responsibility, social impact, and economic sustainability. HERON BROS. LIMITED has implemented various measures to reduce their carbon footprint, such as using sustainable materials and adopting energy-efficient practices in their construction projects.
The company offers a wide range of services, including design and build, project management, and property development. They have completed projects in various sectors, including healthcare, education, commercial, and residential. Their commitment to quality and sustainability has earned them numerous awards and recognition in the industry.
The key people at HERON BROS. LIMITED include the Managing Director, Damian Heron, and the Chairman, Seamus Heron. They lead a team of experienced professionals who are dedicated to delivering high-quality projects while maintaining a sustainable approach.
The contact information for HERON BROS. LIMITED includes their website, www.heronbros.com, where customers can find more information about the company and their projects. Their registered office address is 120 Coagh Road, Stewartstown, Dungannon, Co. Tyrone, BT71 5NQ, United Kingdom.
In conclusion, HERON BROS. LIMITED is a reputable construction and property development company with a strong focus on sustainability. With their experienced team and commitment to quality, they continue to be a leading name in the industry and a trusted choice for customers.
