CANARY WHARF LIMITED

PaymentCheck Score 2025
67Fair
24.7vs last year
#2601 in UK
#1062 in London

Company Information

Company Number
01971312
Registered Address
One Canada Square, Canary Wharf, London, E14 5AB
Status
Active
Employee Count
5
Turnover
£34,041,000
EBITDA
-£65,775,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 December 1985
Nature of Business
41100 - Development of building projects
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
17 days
Shortest Period:35 days
Longest Period:60 days
Max Contractual:35 days

Payment Timeline

Within 30 Days
70%
31-60 Days
30%
After 60 Days
0%
Not Paid Within Terms0%

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: 2025-01-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20253644%37%19%0%
01 Jul 2024 - 31 Dec 202421 Jan 20251770%30%0%0%
01 Jan 2024 - 30 Jun 202424 Jul 20241086%14%0%0%
01 Jul 2023 - 31 Dec 202319 Feb 20241970%30%0%0%
01 Jul 2022 - 31 Dec 202220 Jan 202311898%2%0%0%
01 Jan 2022 - 30 Jun 202229 Jul 202221100%0%0%0%
01 Jul 2021 - 31 Dec 202131 Jan 2022327100%0%0%0%
01 Jan 2021 - 01 Jun 202129 Jul 20211290%10%0%17%
01 Jan 2020 - 30 Jun 202029 Jul 20201779%16%5%6%
01 Jan 2019 - 30 Jun 201924 Jul 20192578%20%2%2%
01 Jan 2018 - 30 Jun 201823 Jul 20183147%46%7%8%

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

The standard payment period in the company's standard form of contract and purchase order is 35 days up to a maximum of 60 days from receipt of a valid invoice.

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

35

Dispute Resolution Process

A monthly review process to monitor invoices has been established to consider options for settlement in the event of delayed payment. Where a dispute does arise the cost manager will review the position and refer the matter to Director level where appropriate. Whilst every effort is made to resolve payment disputes quickly, in the event a dispute cannot be resolved by agreement, the parties are subject to the laws of England and Wales and the exclusive jurisdiction of the English courts.

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

CANARY WHARF LIMITED is a leading real estate development and management company based in London, United Kingdom. The company was founded in 1987 and is responsible for the development and management of the Canary Wharf estate, one of the largest business and shopping districts in Europe.

The company has a strong sustainability program in place, with a focus on reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives such as energy efficient buildings, waste management systems, and sustainable transportation options for their employees and visitors.

CANARY WHARF LIMITED offers a wide range of products and services, including commercial and residential real estate, retail spaces, and leisure facilities. They also provide property management and maintenance services, as well as event planning and hosting services.

The key people at CANARY WHARF LIMITED include Sir George Iacobescu, the Chairman and CEO, and Peter Anderson, the Chief Financial Officer. They are supported by a team of experienced professionals who are dedicated to the success of the company.

The registered office address for CANARY WHARF LIMITED is One Canada Square, Canary Wharf, London E14 5AB, United Kingdom. Their website, www.canarywharf.com, provides more information about the company, including their sustainability initiatives, property listings, and contact details for their various departments.

Financial Metrics

Cash
£31,633,145
Net Worth
£1,410,825,316
Total Current Assets
£3,669,679,024
Total Current Liabilities
£3,565,771,832

Company Location