Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 89.05/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 22 | 83% | 14% | 3% | 17% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 21 | 91% | 5% | 4% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 43 | 78% | 8% | 14% | 29% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 40 | 68% | 21% | 11% | 34% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 130 | 39% | 21% | 40% | 45% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 101 | 51% | 8% | 41% | 30% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 38 | 77% | 9% | 14% | 25% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 23 | 77% | 19% | 4% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 23 | 86% | 8% | 6% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 30 | 71% | 17% | 12% | 27% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company’s standard payment terms is 30 days. For qualifying contracts the payment terms are largely dependent on the specific requirements of individual projects. When calculating the number of days to make payment for qualifying contracts in this reporting period, the Company has reported the time to pay from the due date to the final date for payment. In prior periods it had added 7 days to reflect the general range of days between an application date and a due date for those contracts governed by the Housing Grant, Constriction and Regeneration Act 1996.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The Company operates on standard payment terms of 30 days for non-construction related contracts, unless the Company agrees to different terms requested by a supplier.
Maximum contractual payment period agreed
38
All queries regarding non-payment of invoices should be discussed with the Lendlease contact as specified on the Lendlease Purchase Order. Escalation can be managed through the Lendlease Customer Service team. Further escalation will be managed internally when required. For any qualifying subcontracts, any dispute or difference between the parties are subject to the laws of England and Wales and the jurisdiction of the English courts. Payment under construction contracts is subject to statutory adjudication pursuant to the Housing Grant, Construction and Regeneration Act 1996. Only a very small proportion of our payments become the subject to the adjudication and/or court proceedings.
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
LENDLEASE RESIDENTIAL (CG) LIMITED is an active private limited company, incorporated on 10 April 1986, based in the London region. Registered business activity: Activities of head offices.
From Companies House records.