JOHN LAING LIMITED
Company Information
- Company Number
- 01345670
- Registered Address
- 1 Kingsway, London, WC2B 6AN
- Status
- Active
- Employee Count
- 2
- Turnover
- Coming Soon
- EBITDA
- £156,500,000
Additional Details
- Website
- https://laing.com
- Company Type
- Private limited Company
- Incorporated On
- 23 December 1977
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
From Jan 2018 to Jun 2018, the average time taken for JOHN LAING LIMITED to pay invoices was 35 days. The percentage of invoices paid within 30 days was 67%, while no invoices were paid between 31-60 days. However, 33% of invoices were paid later than 60 days, and 33% were not paid within agreed terms.
Volatility Analysis
There is a clear trend of increasing time taken for JOHN LAING LIMITED to pay invoices. The company went from an average payment time of 35 days in the first half of 2018 to 86 days in 2020. Additionally, the percentage of invoices paid within 30 days decreased from 67% to 0%, while the percentage of invoices paid later than 60 days increased from 33% to 100%. This indicates a significant increase in payment delays.
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 2020 - 31 Dec 2020 | 23 Jun 2021 | 86 | 0% | 0% | 100% | 100% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Jul 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 08 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 11 Feb 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 35 | 67% | 0% | 33% | 33% |
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
Default is 30 days unless supplier requests otherwise.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
In the event of a dispute, the complaint will be considered by the cost centre manager. We aim to resolve any disputes within the payment terms.
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.
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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.
❌
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
John Laing Limited is a British infrastructure and investment company that specializes in developing and managing projects in the areas of transport, energy, social infrastructure, and renewable energy. The company was founded in 1848 and is headquartered in London, UK.
The company's sustainability program focuses on three main areas: environmental impact, social responsibility, and governance. They aim to minimize their carbon footprint and promote sustainable practices in all their projects. They also prioritize community engagement and diversity and inclusion in their operations.
John Laing Limited offers a wide range of products and services, including project development, asset management, and investment management. They work on projects such as roads, railways, hospitals, schools, and renewable energy facilities. Their expertise in project management and financing allows them to deliver high-quality and sustainable solutions to their clients.
The key people at John Laing Limited include CEO Olivier Brousse, CFO Patrick O'D'Sullivan, and Chairman Will Samuel. They lead a team of experienced professionals who are committed to delivering innovative and sustainable projects.
The contact information for John Laing Limited is as follows: website - www.laing.com, registered office address - 1 Kingsway, London, WC2B 6AN, United Kingdom. The company also has offices in various locations around the world, including the USA, Canada, and Australia.
In conclusion, John Laing Limited is a leading infrastructure and investment company in the UK that prioritizes sustainability in all its activities. With a strong focus on environmental and social responsibility, the company continues to deliver innovative and sustainable solutions to its clients, making a positive impact on the communities they serve.
