BARRATT METROPOLITAN LLP
Company Information
- Company Number
- OC320725
- Registered Address
- Barratt House Cartwright Way, Forest Business Park Bardon Hill, Coalville, Leicestershire, LE67 1UF
- Status
- Active
- Employee Count
- 0
- Turnover
- £20,364,000
- EBITDA
- -£4,937,000
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 4 July 2006
- Industries
- Coming Soon
- Region
- East Midlands
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 Jan 2025 - 30 Jun 2025 | 15 Aug 2025 | 56 | 31% | 29% | 40% | 84% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 40 | 40% | 46% | 14% | 79% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 48 | 25% | 49% | 26% | 88% |
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
The Consultant shall submit Interim Applications for payment to the Employer by each Application Date defined as 3 Business Days after the end of the calendar month to which the Interim Application relates. Payment of any amount ascertained shall become due 21 days after the Application Date, known as the “Payment Due Date”. Within 5 days following the Payment Due Date Barratt Metropolitan LLP is entitled to challenge the quantum of the Interim Application by sending a Payment Notice to the Consultant specifying the amount (if any) which it considers is due to the Consultant at the Payment Due Date and the basis on which the amount is calculated. If no such Payment Notice is issued a 2nd opportunity to challenge the Consultant’s Interim Application is provided for, within 14 days of the Payment Due date with Barratt Metropolitan LLP being able to serve a Pay Less Notice not less than 1 day before the end of this 14 day period (known as the Final Date for Payment).
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
Non-construction contracts If a dispute arises between the parties, the parties will attempt, in good faith, to reach settlement as soon as possible between the Barratt Redrow Contact and the Supplier Contact (who shall be authorised to settle such a dispute). Consultants Appointments Dispute resolution clauses are agreed at the tender and pre-contract stage. Thereafter, if there is a contractual dispute, the dispute resolution procedures laid out in the contract are invoked. Any dispute or difference arising under or in connection with the Contract may be referred to adjudication in accordance with the Scheme for Construction Contracts SI 1998 No 649 ("Scheme")
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.
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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
BARRATT METROPOLITAN LLP is a leading residential property developer in the United Kingdom, focused on creating sustainable communities
The company is committed to conducting its business in an ethical and responsible manner, with a strong emphasis on sustainability.\n\nTheir sustainability program includes initiatives such as reducing carbon emissions, promoting biodiversity, and promoting energy-efficient homes
BARRATT METROPOLITAN LLP also strives to use sustainable materials and construction methods in their developments.\n\nThe company's products and services include the development of new homes, as well as the regeneration of existing communities
They offer a range of homes from apartments to large family houses, catering to different budgets and needs
BARRATT METROPOLITAN LLP also provides excellent customer service and after-sales support to ensure customer satisfaction.\n\nThe key people at BARRATT METROPOLITAN LLP include Mark Clare, the Group Chief Executive, and Jessica White, the Group Sustainability Manager
Both have extensive experience in the property and construction industry.\n\nThe company's website address is https://www.barrattdevelopments.co.uk/ and their registered office address is Barratt House, Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leicestershire, LE67 1UF
BARRATT METROPOLITAN LLP can also be contacted through their website or by phone at 0844 811 3388
