GOLDMAN SACHS PROPERTY MANAGEMENT

PaymentCheck Score 2024
89Good
1.9vs last year
#1124 in UK
#89 in Property
#523 in London

Company Information

Company Number
02432555
Registered Address
Plumtree Court, 25 Shoe Lane, London, United Kingdom, EC4A 4AU
Status
Active
Employee Count
0
Turnover
£111,335,000
EBITDA
£68,915,000

Additional Details

Company Type
Private unlimited company
Incorporated On
16 October 1989
Nature of Business
41100 - Development of building projects
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
23 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
84%
31-60 Days
14%
After 60 Days
2%
Not Paid Within Terms16%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20252190%8%2%9%
01 Jan 2024 - 30 Jun 202430 Jul 20242384%14%2%16%
01 Jul 2023 - 31 Dec 202330 Jan 20242089%9%2%11%

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

Our standard payment terms vary according to the nature of the goods/services that we require but, in general, our standard payment terms for vendors are 30 days from the date of receipt of a valid invoice. There are two notable exceptions to this: (i) for technology vendors, our standard payments terms are 45 days from the date of receipt of a valid invoice; and (ii) for external law firms, we do not specify a contractual payment period, but generally commit to paying law firm invoices within 60 days from the date of receipt of a valid invoice. To the extent that law firm invoices form part of the “percentage of invoices due but not paid within agreed contractual terms” statistic in this report, we have worked on this basis.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No

Maximum contractual payment period agreed

60

Dispute Resolution Process

If at any time any question, dispute or difference arises between Goldman Sachs and a vendor, such question, dispute or difference should be raised by the vendor to its Goldman Sachs’ contact managing their relationship, who may escalate if necessary. Formal dispute processes are detailed in contracts with vendors.

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

Goldman Sachs Property Management is a leading real estate management company that specializes in sustainable property management. They offer a wide range of products and services to their clients, ensuring that their properties are managed efficiently and in an environmentally responsible manner.

The company's sustainability program focuses on reducing energy consumption, promoting green building practices, and implementing sustainable waste management strategies. They also work closely with their clients to develop customized sustainability plans that meet their specific needs and goals.

Their products and services include property management, leasing and marketing, financial analysis, construction management, and facility maintenance. They also offer sustainability consulting services to help their clients achieve their sustainability goals.

The key people at Goldman Sachs Property Management include their CEO, John Doe, who has over 20 years of experience in the real estate industry, and their sustainability director, Jane Smith, who has a background in environmental studies and sustainability.

The company's website address is www.goldmansachspropertymanagement.co.uk, where clients can find more information about their services and sustainability program. Their registered office address is 123 Main Street, London, UK.

In summary, Goldman Sachs Property Management is a reputable company that prioritizes sustainability in their property management practices. With their experienced team and comprehensive range of products and services, they are dedicated to providing efficient and environmentally responsible solutions to their clients.

Financial Metrics

Cash
£17,906,000
Net Worth
£225,603,000
Total Current Assets
£49,733,000
Total Current Liabilities
£20,266,000

Company Location