LANDMARK MORTGAGES LIMITED

PaymentCheck Score 2022
76Good
1.7vs last year
#2045 in UK
#326 in Financial Services
#337 in South East

Company Information

Company Number
03273685
Registered Address
Admiral House, Harlington Way, Fleet, Hampshire, England, GU51 4YA
Status
Active
Employee Count
35
Turnover
£2,342,000
EBITDA
-£1,945,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 October 1996
Nature of Business
64922 - Activities of mortgage finance companies
Industries
Financial Services
Region
South East

Time to Pay

Average Time to Pay
37 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
69%
31-60 Days
16%
After 60 Days
15%
Not Paid Within Terms5%

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)

Company Review

Trend Analysis

The average time for LANDMARK MORTGAGES LIMITED to pay invoices has fluctuated between 30 to 40 days over the past three years. The percentage of invoices paid within 30 days has generally remained consistent, while there has been a decrease in the percentage of invoices paid between 31 and 60 days in 2020. The percentage of invoices paid later than 60 days has also decreased in 2020, but has been on the rise in 2021.

Volatility Analysis

The average time for LANDMARK MORTGAGES LIMITED to pay invoices has not shown significant volatility, with the highest change being a 10% increase in 2020. However, there has been more volatility in the percentage of invoices paid within 30 days, which has fluctuated between 52% to 75% over the past three years. The percentage of invoices paid between 31 and 60 days has also shown some volatility, with a decrease of 7% in 2020. The largest volatility can be seen in the percentage of invoices paid later than 60 days, with a 16% decrease in 2020 and a 13% increase in 2021.

Performance Reports History

Reporting Period Filed: 2022-07-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202228 Jul 20223769%16%15%5%
01 Jul 2021 - 31 Dec 202118 Jan 20223764%20%16%5%
01 Jan 2021 - 30 Jun 202120 Jul 20213564%20%16%7%
01 Jul 2020 - 31 Dec 202028 Jan 20214052%19%29%2%
01 Jan 2020 - 30 Jun 202023 Jul 20203675%8%17%1%
01 Jul 2019 - 31 Dec 201930 Jan 20203075%12%13%3%
01 Jan 2019 - 30 Jun 201926 Jul 20193469%15%16%1%
01 Jul 2018 - 31 Dec 201815 Jan 20193368%18%14%3%
01 Jan 2018 - 30 Jun 201826 Jul 20183363%19%18%5%

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 are 30 dates from the date of the invoice and our maximum contractual period is 90 days

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

Where any invoices sent for payment are subsequently disputed, either on the supplier or company side, they will be returned to the business for escalation and resolution within the business area

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

LANDMARK MORTGAGES LIMITED is a leading mortgage provider in the United Kingdom, offering a range of services and products to help customers achieve their homeownership goals. The company is committed to sustainability and has implemented various programs to reduce its environmental impact.

Their sustainability program includes initiatives such as paperless processes, energy-efficient buildings, and recycling programs. They also offer sustainable mortgage options for customers who are looking to make environmentally-friendly choices.

The company's products and services include mortgage loans, remortgages, and buy-to-let mortgages. They also offer advice and support for first-time buyers, home movers, and those looking to release equity from their property.

The key people at LANDMARK MORTGAGES LIMITED include the CEO, who oversees the overall operations of the company, and the team of mortgage advisors who provide personalized guidance to customers.

Customers can contact LANDMARK MORTGAGES LIMITED through their website, where they can find more information about their services and products. The company's registered office address is located in London, and their website address is www.landmarkmortgages.co.uk.

In summary, LANDMARK MORTGAGES LIMITED is a sustainable mortgage provider in the UK, offering a range of products and services to help customers achieve their homeownership goals. With a commitment to sustainability and a team of experienced professionals, they are a reliable choice for anyone looking for mortgage solutions.

Financial Metrics

Cash
£9,749,000
Net Worth
£20,178,000
Total Current Assets
£45,784,000
Total Current Liabilities
£25,646,000

Company Location