CANARY WHARF MANAGEMENT LIMITED
Company Information
- Company Number
- 02067510
- Registered Address
- One Canada Square, Canary Wharf, London, E14 5AB
- Status
- Active
- Employee Count
- 582
- Turnover
- £154,068,000
- EBITDA
- £18,088,000
Additional Details
- Website
- https://canarywharf.com
- Company Type
- Private limited Company
- Incorporated On
- 27 October 1986
- Nature of Business
- 68320 - Management of real estate on a fee or contract basis
- Industries
- Property
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 29 Jul 2025 | 36 | 45% | 49% | 6% | 4% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 26 | 63% | 34% | 3% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 33 | 63% | 34% | 3% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 31 | 55% | 41% | 3% | 5% |
| 01 Jan 2022 - 01 Jun 2022 | 29 Jul 2022 | 25 | 77% | 21% | 2% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 18 | 97% | 3% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 33 | 52% | 44% | 4% | 36% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 35 | 50% | 41% | 9% | 12% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 36 | 44% | 51% | 5% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 39 | 41% | 50% | 9% | 12% |
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 MANAGEMENT LIMITED is a leading property management company based in London, United Kingdom. The company is responsible for the management of the renowned Canary Wharf estate, a major business and financial district in London.
The company's sustainability program is a key aspect of its operations, with a focus on reducing its environmental impact and promoting sustainable practices. This includes initiatives such as energy-efficient buildings, waste reduction, and promoting sustainable transportation options for employees and visitors.
In terms of products and services, CANARY WHARF MANAGEMENT LIMITED offers a range of property management services for its tenants, including maintenance, security, and concierge services. The company also provides event and conference facilities, as well as retail and leisure spaces within the Canary Wharf estate.
The key people at CANARY WHARF MANAGEMENT LIMITED include CEO Sir George Iacobescu, who has been with the company since its inception in 1987, and Chairman and Deputy Chairman, Sir Martin Jacomb and Sir David Walker respectively.
For further information, the company's website address is www.canarywharf.com, where visitors can find details about the company's sustainability program, properties, and services. The registered office address is One Canada Square, Canary Wharf, London, E14 5AB, United Kingdom.
