SPRINGFIELD PROPERTIES PLC
Company Information
- Company Number
- SC031286
- Registered Address
- Alexander Fleming House, 8 Southfield Drive, Elgin, Morayshire, IV30 6GR
- Status
- Active
- Employee Count
- 622
- Turnover
- £280,557,000
- EBITDA
- £26,590,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 28 January 1956
- Nature of Business
- 41201 - Construction of commercial buildings41202 - Construction of domestic buildings
- Industries
- Professional Services, Property, Infrastructure And Construction
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jun 2021 - 30 Nov 2021 | 23 Dec 2021 | 36 | 39% | 50% | 11% | 9% |
| 01 Dec 2020 - 31 May 2021 | 24 Jun 2021 | 36 | 42% | 49% | 9% | 13% |
| 01 Jun 2020 - 30 Nov 2020 | 20 Jan 2021 | 35 | 41% | 49% | 10% | 17% |
| 01 Dec 2019 - 31 May 2020 | 20 Jan 2021 | 51 | 22% | 43% | 35% | 48% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 37 | 37% | 40% | 23% | 0% |
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 standard contractual length of time for payment of invoices is 45 days from statement 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
All invoice disputes are dealt with by the Accounts department and the supplier is made aware of the dispute. They are aimed to be resolved within the 45 day period prior to payment and if this is not achievable they will be resolved within a maximum of 60 days of date of invoice.
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.
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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
SPRINGFIELD PROPERTIES PLC is a UK-based property development company that specializes in building and selling homes, as well as developing commercial properties. The company was established in 1956 and is headquartered in Elgin, Scotland.
The company's sustainability program focuses on creating environmentally-friendly homes and buildings, with a commitment to reducing their carbon footprint and promoting sustainable living. They have been recognized for their efforts in sustainability, including winning the Homes for Scotland Green Infrastructure Award in 2019.
The company offers a range of products and services, including new build homes, affordable housing, and commercial properties. They also offer a custom build service, where customers can design and build their own homes with the help of Springfield's team of experts.
Key people in the company include Sandy Adam, the Executive Chairman, Innes Smith, the Chief Executive Officer, and Michelle Motion, the Group Finance Director.
To contact SPRINGFIELD PROPERTIES PLC, their website address is www.springfield.co.uk. Their registered office address is Springfield Properties PLC, Springfield House, Grampian Road, Elgin IV30 1XN. Customers can also reach them through their social media platforms including Facebook, Twitter, and LinkedIn.
