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 85.33/100 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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 15 | 86% | 8% | 6% | 39% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 16 | 84% | 8% | 8% | 42% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 15 | 83% | 9% | 8% | 34% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 19 | 77% | 10% | 13% | 36% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Nov 2023 | 18 | 83% | 9% | 8% | 32% |
| 01 Oct 2022 - 31 Mar 2023 | 21 Apr 2023 | 19 | 89% | 9% | 2% | 28% |
| 01 Apr 2022 - 30 Sept 2022 | 18 Oct 2022 | 22 | 89% | 9% | 2% | 25% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 21 | 87% | 10% | 3% | 28% |
| 01 Apr 2021 - 30 Sept 2021 | 20 Oct 2021 | 21 | 86% | 12% | 3% | 22% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 24 | 88% | 7% | 5% | 25% |
| 01 Apr 2020 - 30 Sept 2020 | 19 Oct 2020 | 22 | 85% | 11% | 4% | 29% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 21 | 86% | 10% | 4% | 32% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 20 | 86% | 11% | 3% | 35% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 21 | 83% | 14% | 3% | 38% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 22 | 82% | 14% | 4% | 35% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Purchase order payment terms: payment to be made within 28/30 days from the receipt of an undisputed valid invoice.
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
60
Any invoice disputes are dealt with between the supplier and the Workspace representative that initiated the contract/service/supply of goods.
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
Workspace Group Plc is a public limited company registered in London, incorporated in 1986. Companies House records its nature of business as "other letting and operating of own or leased real estate", indicating that it operates by letting and managing property that it owns or leases rather than developing or constructing buildings itself. The company was previously registered under different names, including "London Industrial Public Limited Company" and "London Industrial Plc", before adopting its current name. Its registered office is in London and it remains an active company on the register, with a board of directors and a company secretary recorded in its current filings.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk