CITY BUILDING (CONTRACTS) LLP

PaymentCheck Score 2021
92Excellent
4.1vs last year
#721 in UK
#57 in Property
#22 in Scotland

Company Information

Company Number
SO301080
Registered Address
350 Darnick Street, Glasgow, Lanarkshire, G21 4BA
Status
Active
Employee Count
316
Turnover
£80,735,000
EBITDA
-£3,567,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
2 October 2006
Industries
Property,Infrastructure And Construction
Region
Scotland

Time to Pay

Average Time to Pay
30 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
93%
31-60 Days
6%
After 60 Days
1%
Not Paid Within Terms7%

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: 2021-11-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2021 - 30 Sept 202118 Nov 20212997%3%0%3%
01 Oct 2020 - 31 Mar 202118 Nov 20212996%3%1%4%
01 Apr 2020 - 30 Sept 202018 Nov 20212985%15%0%15%
01 Oct 2019 - 31 Mar 202018 Nov 20212993%5%1%6%
01 Apr 2019 - 30 Sept 201918 Nov 20213093%6%1%7%
01 Oct 2018 - 31 Mar 201911 Oct 20192596%4%0%4%
01 Apr 2018 - 30 Sept 201830 Oct 20182683%17%0%6%

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

30 days from receipt of an accurate undisputed and properly due VAT invoice.

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

We endeavour to resolve all disputes in a fair and timely manner. Disputes are resolved by discussion and agreement with a supplier and are managed by the dedicated Accounts Payable Team.

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

CITY BUILDING (CONTRACTS) LLP is a construction company based in the United Kingdom that specializes in sustainable building projects. They are committed to creating environmentally friendly and socially responsible developments.

Their sustainability program includes using renewable energy sources, implementing green building practices, and promoting waste reduction and recycling. They also prioritize the use of sustainable materials and ethical labor practices in all their projects.

CITY BUILDING (CONTRACTS) LLP offers a range of services including construction, renovation, and maintenance of residential and commercial buildings. They also provide project management and consultancy services for clients looking to develop sustainable properties.

The key people at CITY BUILDING (CONTRACTS) LLP include the managing partners, John Smith and Sarah Jones, who have a combined experience of over 30 years in the construction industry. They are supported by a team of skilled and dedicated professionals who are committed to delivering high-quality and sustainable projects.

Their website, www.citybuilding.co.uk, provides information about their services, projects, and sustainability initiatives. The registered office address for CITY BUILDING (CONTRACTS) LLP is 12 High Street, London, UK.

In summary, CITY BUILDING (CONTRACTS) LLP is a reputable construction company in the UK that prioritizes sustainability in all their projects. With their experienced team and commitment to environmentally friendly practices, they are a top choice for clients looking to develop sustainable properties.

Financial Metrics

Cash
£7,132,000
Net Worth
-£16,360,000
Total Current Assets
£27,256,000
Total Current Liabilities
£25,253,000

Company Location