LAND SECURITIES PROPERTIES LIMITED

PaymentCheck Score 2025
70Fair
#2450 in UK
#1004 in London

Company Information

Company Number
00961477
Registered Address
100 Victoria Street, London, United Kingdom, SW1E 5JL
Status
Active
Employee Count
598
Turnover
£94,193,000
EBITDA
£25,742,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 September 1969
Nature of Business
68320 - Management of real estate on a fee or contract basis
Industries
Property
Region
London

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
82%
31-60 Days
13%
After 60 Days
5%
Not Paid Within Terms1%

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: 2023-04-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20253968%16%16%32%
01 Apr 2022 - 30 Sept 202226 Oct 20222289%9%2%11%
01 Apr 2021 - 30 Sept 202121 Oct 20212093%6%1%7%
01 Oct 2020 - 31 Mar 202123 Apr 20212079%11%10%7%
01 Apr 2019 - 30 Sept 201925 Oct 20191882%11%7%7%

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

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.

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: 30days % paid within 30 days= 81 % paid 31-60 days = 14 % paid on or after 60days= 5 % not paid to agreed terms = 0

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 Properties Limited is a UK-based real estate investment trust that focuses on developing, owning, and managing commercial properties. The company was founded in 1944 and is currently headquartered in London.

Sustainability is a key aspect of Land Securities' operations and the company has implemented various initiatives to reduce its environmental impact. This includes energy-efficient designs for their properties, reducing carbon emissions, and promoting sustainable transport options for tenants.

The company's main products and services include office buildings, retail spaces, and leisure centers. They also offer property management and development services to their clients.

Key people at Land Securities include CEO Mark Allan, who joined the company in 2020, and Chairman Cressida Hogg. The company has a dedicated sustainability team led by Caroline Hill, the Head of Sustainability.

Land Securities can be contacted through their website at www.landsec.com, where you can find information on their portfolio, sustainability efforts, and career opportunities. The registered office address is 100 Victoria Street, London, SW1E 5JL.

Financial Metrics

Cash
£1,490,000
Net Worth
£93,027,000
Total Current Assets
£3,516,200,000
Total Current Liabilities
£3,438,000,000

Company Location