The data for I.M. PROPERTIES DEVELOPMENT LIMITED shows a consistent decrease in the average time taken to pay invoices over the last three periods. This indicates that the company has been making an effort to pay suppliers faster. Additionally, there has been a significant increase in the percentage of invoices paid within 30 days, suggesting that the company has improved its payment processes.
The volatility in the data for I.M. PROPERTIES DEVELOPMENT LIMITED is relatively low, with small fluctuations in the percentages of invoices paid within different time periods. However, there was a notable increase in the percentage of invoices paid later than 60 days in the first period, which was the worst period for the company in terms of timely payments.
From 2020 to 2023, there has been a steady decrease in the average time taken for I.M. PROPERTIES DEVELOPMENT LIMITED to pay invoices, from 57 days to 27 days. This is a significant improvement, indicating that the company has made a concerted effort to pay suppliers faster.
| 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 Jul 2025 - 31 Dec 2025 | 26 Jan 2026 | 27 | 63% | 33% | 4% | 37% |
| 01 Jan 2025 - 30 Jun 2025 | 20 Nov 2025 | 24 | 68% | 29% | 3% | 32% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Nov 2025 | 37 | 49% | 48% | 3% | 51% |
| 01 Jan 2024 - 30 Jun 2024 | 20 Nov 2025 | 27 | 64% | 34% | 2% | 36% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 27 | 67% | 32% | 1% | 37% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 27 | 65% | 34% | 1% | 34% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 26 | 66% | 33% | 1% | 37% |
| 01 Jan 2022 - 30 Jun 2022 | 30 Jul 2022 | 31 | 56% | 43% | 1% | 46% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 35 | 49% | 42% | 9% | 49% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 33 | 59% | 33% | 6% | 44% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 58 | 38% | 39% | 23% | 56% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 57 | 36% | 38% | 26% | 60% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Once an invoice has been approved and authorised it is paid on the next payment run.
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
30
Supplier disputes and queries should be dealt with in the first instance by contacting the Accounts Payable department of I M Properties Development Ltd (accounts@improperties.co.uk). If necessary the matter will be forwarded to the relevant internal department. Every effort will be made to resolve the dispute in a timely manner.
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
I.M. Properties Development Limited is registered at The Gate, Solihull, and is classified under development of building projects. It forms part of IM Properties, the property division of IM Group, a family-owned business also active in automotive and finance. IM Properties' activities span Development, Investment, Strategic Land and Spitfire Homes, and the group states it develops large business and industrial employment parks in the UK and overseas, including major schemes in the US. This entity represents the development arm within that wider property business, rather than a standalone trading operation. IM Group as a whole employs around 500 staff internationally, with property generating the largest share of its income.
Generated from the company's website and Companies House records. Sources: imgroup.co.uk