KIRKWOOD HOMES LIMITED

Company Information

Company Number
SC090034
Registered Address
Johnstone House, 52-54 Rose Street, Aberdeen, AB10 1HA
Status
Active
Employee Count
78
Turnover
£39,229,000
EBITDA
-£2,451,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 October 1984
Nature of Business
41202 - Construction of domestic buildings
Industries
Property, Infrastructure And Construction
Region
Scotland

Time to Pay

Average Time to Pay
40 days
Shortest Period:1 days
Longest Period:61 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
19%
31-60 Days
79%
After 60 Days
2%
Not Paid Within Terms2%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-02-19
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201919 Feb 20204019%79%2%2%

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

Normal terms for suppliers are that the company will pay for goods and services at the end of the month following the month in which the goods and services are received provided that a valid invoice and proof of delivery or equivalent has been received in time for the payment to be approved and processed. Alternative payment arrangements can also be agreed between the supplier and the company but do not generally exceed 60 days For subcontractors, a payment timetable is agreed with the subcontractor stating the date by which applications should be received by the company and the payment date agreed. The payment date is such that subcontractors are paid no later than the end of the following 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

61

Dispute Resolution Process

Supplier payment disputes are resolved by the purchase ledger team in discussion with buyer or the person who contracted for services Where subcontractor applications for payment vary from work valued, these will be resolved by the relevant surveyor or commercial manager in discussion with the subcontractor. or person who contracted for services

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

KIRKWOOD HOMES LIMITED is a UK-based company that specializes in the construction and development of high-quality homes. The company was established in 1989 and has since then built a reputation for delivering exceptional homes to customers across Scotland.

The company has a strong focus on sustainability and is committed to reducing its environmental impact. They have implemented various initiatives, such as using sustainable materials, reducing waste and promoting energy efficiency in their homes. KIRKWOOD HOMES LIMITED also has a dedicated sustainability team that constantly looks for ways to improve their practices and make their homes more environmentally friendly.

Their range of products and services include building and selling new homes, as well as renovating and refurbishing existing properties. They offer a variety of house types to cater to different needs and budgets, from luxury villas to affordable apartments. Each home is built to a high standard, with a focus on quality and attention to detail.

The key people behind KIRKWOOD HOMES LIMITED include the Managing Director, Paul Stewart, and the Operations Director, Richard Henderson. They lead a team of experienced professionals who are committed to delivering the best homes to their customers.

To get in touch with KIRKWOOD HOMES LIMITED, customers can visit their website www.kirkwoodhomes.co.uk or contact their registered office at Kirkwood Homes Limited, Pitmedden Road, Dyce, Aberdeen, AB21 0DP. Overall, KIRKWOOD HOMES LIMITED is a reputable company that is dedicated to providing sustainable and high-quality homes to its customers.

Financial Metrics

Cash
£9,285,000
Net Worth
£21,081,000
Total Current Assets
£54,599,000
Total Current Liabilities
£35,662,000

Company Location