The data for LAND SECURITIES (FINANCE) LIMITED shows a consistent trend of decreasing average time to pay invoices over the past three periods. The company has also shown an improvement in paying invoices within 30 days and a decrease in the percentage of invoices paid later than 60 days. This trend suggests that the company is making efforts to pay its suppliers in a timely manner.
The data for LAND SECURITIES (FINANCE) LIMITED shows a low volatility in terms of average time to pay invoices. The changes in the percentage of invoices paid within 30 days and between 31 and 60 days are also relatively stable. However, there is a slight increase in the percentage of invoices paid later than 60 days in the most recent period, indicating a potential area for improvement.
LAND SECURITIES (FINANCE) LIMITED has shown a consistent improvement in their payment process over the past three periods. In the most recent period, the company had an average time to pay invoices of 36.8 days, which is a 3.5% decrease from the previous period. This is also the lowest average time to pay in the past three periods. The percentage of invoices paid within 30 days has steadily increased from 77.1% in the first period to 82.9% in the most recent period. The percentage of invoices paid later than 60 days has also decreased from 10.4% to 6.6% over the past three periods. However, the company has room for improvement in paying invoices within their agreed terms, as the percentage of invoices not paid within these terms has remained above 10% in all three periods.
| 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 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 |
Land Securities Finance Limited is a UK registered company incorporated in 1961, classified under financial intermediation not elsewhere classified. Its registered office is in London. The name and classification indicate it operates as a finance vehicle within a wider property group, handling intra-group financial arrangements rather than trading directly with the public. No further details on specific products, services or trading activity are available from the records held.
Generated from the company's website and Companies House records.