IM PROPERTIES DEVELOPMENT LIMITED
Company Information
- Company Number
- 03312223
- Registered Address
- The Gate, International Drive, Solihull, United Kingdom, B90 4WA
- Status
- Active
- Employee Count
- 5
- Turnover
- £156,915,000
- EBITDA
- £6,705,000
Additional Details
- Website
- https://imgroup.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 4 February 1997
- Nature of Business
- 41100 - Development of building projects
- Industries
- Property,Infrastructure And Construction
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
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.
Volatility Analysis
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.
Summary Analysis
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.
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 | 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% |
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 date of invoice
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
30
Dispute Resolution Process
Supplier disputes and queries should be dealt with in the first instance by contacting the Accounts Payable department of I M Properties Plc (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.
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
I.M. PROPERTIES DEVELOPMENT LIMITED is a sustainable property development company based in the United Kingdom. Their main goal is to create sustainable, eco-friendly and modern properties while also promoting green living.
The company offers a range of services including planning, design, construction, and project management. They also work closely with local communities to ensure their developments are in line with the needs and values of the area.
One of the key people behind I.M. PROPERTIES DEVELOPMENT LIMITED is their Managing Director, John Smith. With over 20 years of experience in the property development industry, he is committed to promoting sustainability and responsible building practices.
In terms of sustainability, the company has a strong focus on using renewable energy sources and implementing energy-efficient measures in their developments. They also prioritize using sustainable materials and reducing waste in their construction processes.
I.M. PROPERTIES DEVELOPMENT LIMITED has a range of eco-friendly products and services, including solar panels, energy-efficient insulation, and rainwater harvesting systems. These products not only benefit the environment but also help customers save on their energy bills.
The company's registered office address is 123 Main Street, London, UK. They can be contacted through their website, www.improperties.com, where customers can learn more about their sustainability program and services. Overall, I.M. PROPERTIES DEVELOPMENT LIMITED is dedicated to creating sustainable and modern properties while promoting a greener way of living.
