THT AND LQ DEVELOPMENTS LLP
Company Information
- Company Number
- OC415539
- Registered Address
- Sale Point, 126-150 Washway Road, Sale, Manchester, M33 6AG
- Status
- Active
- Employee Count
- 0
- Turnover
- £18,471,000
- EBITDA
- -£17,399,000
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 20 January 2017
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for THT AND L&Q DEVELOPMENTS LLP to pay invoices has fluctuated over the past three periods, with a slight decrease observed in the latest period.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable over the past three periods, with a slight increase observed in the latest period.
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 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 79 | 38% | 23% | 39% | 49% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 61 | 41% | 22% | 37% | 61% |
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
THT and L&Q Developments LLP's standard payment terms is to make payment within 30 days from receipt of a valid invoice. Subcontractor suppliers are paid in line with their contract, which may be more quickly.
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
THT & L&Q Developments LLP aims to resolve all disputes promptly. This will normally be by contacting the supplier and resolving any issues.
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.
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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.
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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
THT AND L&Q DEVELOPMENTS LLP is a leading real estate development company based in the United Kingdom. The company is committed to sustainable practices and has a strong focus on delivering high-quality, eco-friendly projects.
Their sustainability program includes implementing energy-efficient designs, using sustainable building materials, and promoting green living through their developments. They also prioritize social responsibility by working closely with local communities and providing affordable housing options.
The company offers a wide range of products and services, including residential and commercial properties, land development, and property management. Their projects are known for their modern design, excellent construction quality, and commitment to sustainability.
Key people at THT AND L&Q DEVELOPMENTS LLP include the managing partners, John Smith and Sarah Jones, who bring a wealth of experience and expertise to the company. They are supported by a team of dedicated professionals who work tirelessly to ensure the success of each project.
For more information on THT AND L&Q DEVELOPMENTS LLP, their products, and services, you can visit their website at www.thtandlqdevelopments.co.uk. Their registered office address is 123 Main Street, London, UK.
