HENRY BROTHERS LIMITED

PaymentCheck Score 2025
72Fair
5.6vs last year
#2298 in UK
#222 in Property
#27 in Northern Ireland

Company Information

Company Number
NI629986
Registered Address
108-114 Moneymore Road, Magherafelt, Co Londonderry, BT45 6HJ
Status
Active
Employee Count
167
Turnover
£83,441,000
EBITDA
£2,200,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 March 2015
Nature of Business
41201 - Construction of commercial buildings
Industries
Property,Infrastructure And Construction
Region
Northern Ireland

Time to Pay

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

Payment Timeline

Within 30 Days
54%
31-60 Days
43%
After 60 Days
3%
Not Paid Within Terms5%

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: 2024-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202530 Oct 20253351%46%3%5%
01 Oct 2023 - 31 Mar 202430 Apr 20243062%36%3%5%
01 Apr 2023 - 30 Sept 202326 Oct 20233455%43%3%6%
01 Apr 2022 - 30 Sept 202227 Oct 20223352%45%3%7%
01 Apr 2021 - 30 Sept 202126 Oct 20213747%49%4%8%
01 Oct 2020 - 31 Mar 202129 Apr 20213840%54%6%14%
01 Apr 2019 - 30 Sept 201928 Oct 20194525%63%12%20%

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

Standard payment terms can vary between 0 and 60 days from invoice date. Payments to suppliers are generally paid within 30 days from the end of month of supply; and subcontractors generally within 50 days of the invoice date.

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

Henry Brothers Ltd is committed to resolving disputes in a fair and timely manner. The initial point of contact should be the Accounts Administrator followed by the Financial Controller. In due course mediation, adjudication etc. may be considered.

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

HENRY BROTHERS LIMITED is a leading construction company based in the United Kingdom. They specialize in providing high-quality construction services for a variety of projects, including commercial, residential, and industrial buildings.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability team that works to ensure that their operations are environmentally friendly. This includes using sustainable materials, reducing waste, and promoting energy efficiency.

In addition to their sustainability program, HENRY BROTHERS LIMITED offers a wide range of construction services, including design, project management, and building maintenance. They also have a strong focus on innovation and use the latest technology and techniques to deliver projects efficiently and to the highest standard.

The company has a team of experienced and qualified professionals, including architects, engineers, and project managers, who work together to deliver successful projects. Their commitment to excellence and customer satisfaction has earned them a reputation as a reliable and trustworthy construction company.

For more information on HENRY BROTHERS LIMITED and their services, interested individuals can visit their website at www.henrybrothers.co.uk. Their registered office address is at 2A Castlereagh Road, Belfast, Northern Ireland, BT5 5FT. Customers can also contact them via email at info@henrybrothers.co.uk or by phone at +44 (0) 28 9046 0400.

Financial Metrics

Cash
£39,875,000
Net Worth
£17,313,000
Total Current Assets
£52,055,000
Total Current Liabilities
£36,138,000

Company Location