LAND SECURITIES P L C
Company Information
- Company Number
- 00551412
- Registered Address
- 100 Victoria Street, London, United Kingdom, SW1E 5JL
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- -£314,773,000
Additional Details
- Website
- https://landsecurities.com
- Company Type
- Public limited Company
- Incorporated On
- 1 July 1955
- Nature of Business
- 68209 - Other letting and operating of own or leased real estate
- Industries
- Coming Soon
- Region
- London
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 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 18 | 100% | 0% | 0% | 0% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 12 | 100% | 0% | 0% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 23 Apr 2021 | 36 | 28% | 25% | 47% | 40% |
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
T & C's: Invoices for Goods and/or Services supplied in accordance with the Contract shall be paid no later than 30 days after receipt by the Buyer of a proper invoice or, if later, 30 days after acceptance of the Goods or Services in question by the Buyer or, as may otherwise be agreed in writing between the Buyer and the Seller from time to time. http://www.landsec.com/about/our-suppliers
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Small business reporting These figures include the following payments to small business: Average time to pay: 0 days 0% paid within 30 days 0% paid 31-60 days 0% paid on or after 60days 0% not paid to agreed terms
Maximum contractual payment period agreed
30
Dispute Resolution Process
Dispute resolution: We aim to resolve any disagreements in a constructive manner. Any disagreements should be flagged with your usual contact at Landsec and escalated through their line manager. However if you should have a complaint please contact, in writing: Alex Peeke Head of Legal & Property Records Land Securities Group PLC 100 Victoria Street London SW1E 5JL We aim to: acknowledge complaints within 5 working days of receipt. respond to complaints within 20 working days of initial receipt. In exceptional circumstances we may require additional time to investigate the complaint. If this is necessary, we will advise you within the initial 20 day period. We will endeavour to respond to your complaint within 30 working days of its initial receipt.
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
Land Securities P L C is a British property development and investment company. With over 70 years of experience, they are one of the largest real estate companies in the UK. Their main focus is on commercial properties, including retail, office, and leisure spaces.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have set ambitious targets to reduce carbon emissions, water consumption, and waste generation across their properties. They also prioritize sustainable design and construction practices in their new developments.
Land Securities offers a wide range of products and services, including property development, investment, and management. They have a diverse portfolio of properties in prime locations across the UK, providing opportunities for businesses to thrive.
The company is led by a team of experienced professionals, including Mark Allan as the Chief Executive Officer and Martin Greenslade as the Chief Financial Officer.
For more information on their sustainability program, products, and services, interested parties can visit their website at www.landsec.com. Their registered office address is 100 Victoria Street, London, SW1E 5JL, United Kingdom.
