Score of 82.9/100 qualifies for PaymentCheck Certification
| 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 2020 - 31 Mar 2021 | 23 Apr 2021 | 23 | 73% | 18% | 9% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Invoices for Goods and/or Services supplied in accordance with the Contract shall be paid no later than 30 days after receipt by the Buyer of a proper invoice or, if later, 30 days after acceptance of the Goods or Services in question by the Buyer or, as may otherwise be agreed in writing between the Buyer and the Seller from time to time.
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
We aim to resolve any disagreements in a constructive manner. Any disagreements should be flagged with your usual contact at Landsec and escalated through their line manager. However if you should have a complaint please contact, in writing: Alex Peeke Head of Legal & Property Records Land Securities Group PLC 100 Victoria Street London SW1E 5JL We aim to: acknowledge complaints within 5 working days of receipt. respond to complaints within 20 working days of initial receipt. In exceptional circumstances we may require additional time to investigate the complaint. If this is necessary, we will advise you within the initial 20 day period. We will endeavour to respond to your complaint within 30 working days of its initial receipt.
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
LS ONE NEW CHANGE LIMITED is a private limited company registered in England, previously named Shelfco (No. 2389) Limited before its current name was adopted. Companies House records its nature of business under SIC code 68209, other letting and operating of own or leased real estate, indicating it functions as a property holding or letting vehicle rather than an operating trading business. No further detail on specific premises, tenants or activities is available from the supplied evidence. The company remains active, with its registered office in London, and files regular accounts and confirmation statements as required.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk