BABCOCK LAND LIMITED
Company Information
- Company Number
- 03493110
- Registered Address
- 33 Wigmore Street, London, W1U 1QX
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 January 1998
- Nature of Business
- 84220 - Defence activities
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time for BABCOCK LAND LIMITED is 38 days, indicating a consistent trend of payments extending beyond the typical 30-day term. While 41% are paid within 30 days, a significant 57% fall into the 31-60 day bracket, showing a clear trajectory towards payments in the second month. The 31% late payment rate further highlights a pattern of delayed settlement.
Volatility Analysis
The data suggests moderate predictability, with a substantial 57% of payments consistently landing in the 31-60 day window. However, the 31% late payment rate introduces a notable risk factor regarding timely cash flow for suppliers. While payments rarely extend beyond 60 days (2%), suppliers should prepare for a significant portion of invoices to be paid between one and two months from the invoice date.
Summary Analysis
Suppliers should factor in an average payment cycle of 38 days and prepare for a 31% chance of late payment when engaging with BABCOCK LAND LIMITED. It is recommended to adjust credit terms to align with the observed 31-60 day payment window, or implement close monitoring of accounts receivable. Consider negotiating milestone payments or shorter payment terms for critical supplies to mitigate potential cash flow impacts.
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 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 38 | 41% | 57% | 2% | 31% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 33 | 63% | 34% | 3% | 38% |
| 01 Oct 2022 - 31 Mar 2023 | 25 Apr 2023 | 36 | 50% | 29% | 21% | 50% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 43 | 41% | 53% | 6% | 59% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 39 | 58% | 34% | 8% | 42% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 28 | 74% | 24% | 2% | 26% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 12 | 99% | 1% | 0% | 1% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 12 | 98% | 2% | 0% | 2% |
| 01 Oct 2019 - 31 Mar 2020 | 27 Apr 2020 | 20 | 82% | 13% | 5% | 18% |
| 01 Apr 2019 - 30 Sept 2019 | 21 Oct 2019 | 22 | 84% | 10% | 6% | 17% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 38 | 71% | 14% | 15% | 24% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 42 | 75% | 13% | 12% | 20% |
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
Standard payment terms are generally in the range of 30 to 60 days. Small and micro suppliers are on 30-day terms
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
60
Dispute Resolution Process
Relationships with our suppliers are important to us and we rely on our suppliers to deliver high quality goods and services in order to meet the needs of our customers. Our purchase contracts specify dispute escalation processes. We commit to treating suppliers fairly, and intend to resolve any identified disputes as quickly as possible. Point of contact details are provided on purchase orders.
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
Babcock Land Limited is an active private limited company whose name indicates its primary focus relates to land-based operations. It operates within the structure of a private limited company.
The company, number 03493110, was incorporated on 15 January 1998. Its registered office is located at 33 Wigmore Street, London, W1U 1QX.
Companies of this nature in the UK market, with a 'land' focus and private limited company status, typically undertake activities such as land acquisition, development, and management. Their operations often include property investment, site preparation, and the sale or lease of land assets.
