| 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 Sept 2025 - 28 Feb 2026 | 31 Mar 2026 | 32 | 59% | 36% | 5% | 27% |
| 01 Mar 2025 - 31 Aug 2025 | 30 Sept 2025 | 32 | 58% | 37% | 5% | 27% |
| 01 Sept 2024 - 28 Feb 2025 | 25 Mar 2025 | 33 | 59% | 36% | 5% | 31% |
| 01 Mar 2024 - 31 Aug 2024 | 27 Sept 2024 | 31 | 59% | 37% | 4% | 33% |
| 01 Sept 2023 - 29 Feb 2024 | 12 Mar 2024 | 32 | 62% | 34% | 4% | 29% |
| 01 Mar 2023 - 31 Aug 2023 | 27 Sept 2023 | 33 | 63% | 31% | 6% | 40% |
| 01 Sept 2022 - 28 Feb 2023 | 31 Mar 2023 | 33 | 63% | 32% | 5% | 37% |
| 01 Mar 2022 - 31 Aug 2022 | 30 Sept 2022 | 33 | 64% | 30% | 6% | 42% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Suppliers : Net Monthly or End of Month following tax point of invoice Subcontractors : Standard JCT/NEC contract terms
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
62
Suppliers : Material Deliveries - If there is no record of a delivery being made, proof of delivery is requested by the accounts dept. Incorrect Price - If goods are charged at a different rate to ordered, the supplier will be contacted to resolve. Sub-Contractors : Where dispute arises, the Project QS will liaise with the sub-contractor to resolve. For both suppliers and subcontractors if the dispute cannot be resolved through the normal process as detailed above the matter will be escalated internally to either the group accountant, finance director or regional director dependent upon the nature of the dispute.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Key Property Solutions Limited is a Derbyshire-registered company incorporated in 1976 and currently active. Companies House records its nature of business under SIC code 43290, other construction installation. The company has changed its name several times since incorporation, having previously traded as Yellowcity Limited, Peveril Heating & Mechanical Services Limited, Peveril Limited, Key Cleaning Limited and Keycare (Midlands) Ltd, before adopting its current name in 2004. This history suggests a background in heating, mechanical and cleaning-related installation work before repositioning under the Key Property Solutions name. No further detail on specific current services, clients or operating scale is available from the supplied records.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk