SEGRO ADMINISTRATION LIMITED
Company Information
- Company Number
- 01087015
- Registered Address
- 1 New Burlington Place, London, England, W1S 2HR
- Status
- Active
- Employee Count
- 217
- Turnover
- £58,014,000
- EBITDA
- -£2,581,000
Additional Details
- Website
- https://segro.com
- Company Type
- Private limited Company
- Incorporated On
- 15 December 1972
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 15 | 95% | 4% | 1% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 15 | 97% | 3% | 0% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 15 | 94% | 5% | 1% | 5% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 16 | 93% | 6% | 1% | 7% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 16 | 94% | 5% | 1% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 16 | 96% | 3% | 1% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 20 | 95% | 3% | 2% | 3% |
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
General payment terms: The Supplier may invoice SEGRO (or its subsidiaries) at any time after proper delivery of goods or proper performance of services (as applicable) by submitting an invoice in accordance with the instructions stated on the order. SEGRO reserves the right to reject an invoice at any time but otherwise will pay the price within 30 days from the date of receipt of a valid VAT invoice. Without prejudice to any other right or remedy, SEGRO is entitled to set off against the price any sums owed to SEGRO by the supplier. In certain circumstances, suppliers have different agreed contractual payment terms, most commonly for certain contractor invoices, where invoices are paid within 14 days from invoice date (as agreed in the contract).
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
SEGRO ADMINISTRATION Limited aims to resolve disputes with the Supplier as soon as possible by involving the Accounts Payable team, commercial teams and the relevant Supplier Contact. If it cannot be agreed with all relevant parties, the management will resolve the conflict. This dispute resolution procedure will be followed prior to commencing any legal proceedings.
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
SEGRO ADMINISTRATION LIMITED is a leading UK-based real estate investment trust (REIT) that specializes in developing, owning, and managing industrial and warehouse properties. The company was founded in 1920 and is headquartered in London.
Sustainability is a key focus for SEGRO ADMINISTRATION LIMITED, and they have implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, implementing energy-efficient measures in their buildings, and promoting sustainable transportation options for their employees.
In terms of products and services, SEGRO ADMINISTRATION LIMITED offers a wide range of industrial and warehouse properties, including distribution centers, logistics parks, and light industrial units. They also provide services such as property management, construction, and development.
The company has a strong leadership team, with David Sleath serving as the CEO and Soumen Das as the CFO. They are supported by a board of directors and a dedicated team of professionals who are committed to driving the company's success.
For those interested in learning more about SEGRO ADMINISTRATION LIMITED, their website address is https://www.segro.com/. Their registered office address is 15 Berkeley Street, London, W1J 8DY. Overall, SEGRO ADMINISTRATION LIMITED is a reputable and sustainable company that is dedicated to providing high-quality industrial and warehouse properties while minimizing their environmental impact.
