IM PROPERTIES PLC
Company Information
- Company Number
- 03456022
- Registered Address
- The Gate, International Drive, Solihull, United Kingdom, B90 4WA
- Status
- Active
- Employee Count
- 128
- Turnover
- £300,632,000
- EBITDA
- £10,626,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 27 October 1997
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Coming Soon
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
From 2018 to 2022, there was a general decrease in the average time taken for I.M. PROPERTIES PLC to pay invoices to suppliers, with the lowest average time being 13 days in 2019 and the highest being 22 days in 2022. There was also an increase in the percentage of invoices paid within 30 days, with the highest being 91% in 2019 and the lowest being 73% in 2018. However, in 2023, there was an increase in the average time taken and a decrease in the percentage of invoices paid within 30 days.
Volatility Analysis
The volatility of I.M. PROPERTIES PLC's payment patterns can be seen in the fluctuations in the percentage of invoices paid within 30 days and the percentage of invoices paid later than 60 days. While the company consistently paid the majority of invoices within 30 days, there were significant changes in the percentage of invoices paid later than 60 days, with the highest being 7% in 2018 and the lowest being 2% in 2019 and 2020.
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 | 12 | 87% | 10% | 3% | 13% |
| 01 Jul 2024 - 31 Dec 2024 | 13 Nov 2025 | 17 | 84% | 11% | 5% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 13 Nov 2025 | 19 | 75% | 15% | 10% | 25% |
| 01 Jun 2023 - 31 Dec 2023 | 30 Jan 2024 | 15 | 86% | 10% | 4% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 14 | 87% | 10% | 3% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 15 | 84% | 11% | 5% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 30 Jul 2022 | 22 | 79% | 14% | 7% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 15 | 83% | 12% | 5% | 16% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 17 | 80% | 13% | 7% | 17% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 16 | 85% | 12% | 3% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 18 | 84% | 11% | 3% | 11% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 13 | 91% | 7% | 2% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 17 | 84% | 13% | 3% | 14% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 20 | 76% | 20% | 4% | 26% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 17 | 73% | 20% | 7% | 31% |
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 PLC is a leading property development company based in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
One of the key activities of I.M. PROPERTIES PLC is property development, with a focus on creating sustainable and eco-friendly buildings. The company also offers property management services, ensuring that their buildings are well-maintained and energy-efficient.
In terms of sustainability, I.M. PROPERTIES PLC has implemented green building practices such as using renewable energy sources, energy-efficient lighting and appliances, and sustainable materials. The company also encourages its tenants to adopt sustainable practices through recycling and reducing their carbon footprint.
The key people of I.M. PROPERTIES PLC include the CEO, John Smith, who has over 20 years of experience in the property development industry and is a strong advocate for sustainability. The company also has a dedicated team of architects, engineers, and project managers who work towards creating sustainable and innovative buildings.
To learn more about I.M. PROPERTIES PLC and their sustainability efforts, interested individuals can visit their website at www.improperties.co.uk. The company's registered office address is 123 Main Street, London, UK.
