BRITISH LAND PROPERTY SERVICES LIMITED

PaymentCheck Score 2020
93Excellent
New Entry
#573 in UK
#24 in Unknown

Company Information

Company Number
02366959
Registered Address
York House, 45 Seymour Street, London, W1H 7LX
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
30 March 1989
Nature of Business
41100 - Development of building projects
Industries
Coming Soon
Region
UnknownNot specified in payment practices report

Time to Pay

Average Time to Pay
20 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
97%
31-60 Days
3%
After 60 Days
0%
Not Paid Within Terms5%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

BRITISH LAND PROPERTY SERVICES LIMITED exhibits an exceptionally strong payment trend, consistently settling invoices with an average payment time of just 20 days. A remarkable 97% of payments are processed within 30 days, indicating highly efficient operations and a swift trajectory.

Volatility Analysis

Payment volatility is very low, with high predictability due to 97% of invoices being settled within 30 days and no payments extending beyond 60 days. While 5% of payments are noted as late, this figure predominantly represents instances falling within the 31-60 day window, rather than prolonged delays. The complete absence of payments over 60 days signifies minimal reliability risk for suppliers.

Summary Analysis

BRITISH LAND PROPERTY SERVICES LIMITED is an exceptionally reliable payer, demonstrating rapid payment times and outstanding consistency. Suppliers can engage with high confidence, as the risk of significant payment delays or extended bad debt is negligible. No specific payment risk mitigation strategies beyond standard contract terms are recommended.

Performance Reports History

Reporting Period Filed: 2019-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2019 - 31 Mar 202030 Apr 20202192%6%1%8%
01 Apr 2019 - 30 Sept 201930 Oct 20192097%3%0%5%
01 Oct 2018 - 31 Mar 201930 Apr 20192183%12%5%14%
01 Apr 2018 - 30 Sept 201830 Oct 20182874%21%6%25%

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

30 days from receipt

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

30

Dispute Resolution Process

https://www.britishland.com/~/media/Files/B/British‐Land‐V4/downloads/investordownloads/supplierpayment‐policy‐andguide‐to‐invoicing‐britishland‐sep‐2019.pdf

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

BRITISH LAND PROPERTY SERVICES LIMITED operates as a private limited company. Its primary focus, as indicated by its name, is the provision of property services.

This active organisation is registered under company number 02366959. It was incorporated on 30 March 1989, and its registered office is situated at York House, 45 Seymour Street, London, W1H 7LX.

Companies providing property services in the UK typically specialise in a range of offerings including property management, maintenance, and facilities management. Such entities often also provide services related to property consultancy, development, letting, and sales support.

Financial Metrics

Cash
£34,500,000
Net Worth
£13,200,000
Total Current Assets
£53,000,000
Total Current Liabilities
£39,900,000

Company Location