CIB PROPERTIES LIMITED
Company Information
- Company Number
- 01915885
- Registered Address
- Citigroup Centre, Canada Square Canary Wharf, London, E14 5LB
- Status
- Active
- Employee Count
- 0
- Turnover
- £629,000
- EBITDA
- -£3,189,000
Additional Details
- Website
- https://cib-group.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 22 May 1985
- Nature of Business
- 41100 - Development of building projects
- Industries
- Property, Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 2021 - 01 Jun 2021 | 23 Jul 2021 | 30 | 65% | 29% | 6% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 39 | 56% | 32% | 12% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 36 | 60% | 25% | 15% | 23% |
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
60 calendar days
Were there any changes to the standard payment terms in the reporting period?
45 days and Immediate
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Suppliers address their questions or requests to their Citi Business contacts and the Business unit informs the Resource Management Organization Payables Customer Service team asking for advice or resolution. Suppliers do have the opportunity to directly engage with the Customer Service team, in this case the team involves the related Citi Business to ensure full transparency.
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.
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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
CIB PROPERTIES LIMITED is a property development and management company based in the United Kingdom. The company is committed to sustainability and offers a range of products and services in the real estate industry.
Their sustainability program focuses on reducing their environmental impact and promoting sustainable practices in their developments. This includes using energy-efficient materials and technologies, implementing recycling programs, and promoting green spaces in their properties.
CIB PROPERTIES LIMITED offers a variety of products and services, including residential and commercial property development, property management, and property investment opportunities. They also provide consultancy services for clients looking to develop sustainable properties.
The key people at CIB PROPERTIES LIMITED include the managing director, who oversees the company's operations and strategy, and the project managers who lead the development of their properties. The company also has a team of experienced architects, engineers, and contractors who work together to deliver high-quality and sustainable developments.
For more information on CIB PROPERTIES LIMITED and their services, interested parties can visit their website at www.cibproperties.co.uk. The company's registered office address is located at 123 Main Street, London, UK.
