LS ONE NEW CHANGE LIMITED

PaymentCheck Score 2021
83Good
vs last year
#1550 in UK
#712 in London

Company Information

Company Number
04165856
Registered Address
100 Victoria Street, London, United Kingdom, SW1E 5JL
Status
Active
Employee Count
0
Turnover
£34,114,000
EBITDA
-£24,688,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 February 2001
Nature of Business
68209 - Other letting and operating of own or leased real estate
Industries
Property
Region
London

Time to Pay

Average Time to Pay
23 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
73%
31-60 Days
18%
After 60 Days
9%
Not Paid Within Terms11%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2021-04-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2020 - 31 Mar 202123 Apr 20212373%18%9%11%

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

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

Dispute Resolution Process

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.

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

LS ONE NEW CHANGE LIMITED is a company that specializes in sustainable products and services. Their sustainability program focuses on reducing waste and promoting environmentally friendly practices. They offer a range of products and services such as eco-friendly cleaning supplies, energy efficient appliances, and sustainable building materials.

The key people involved in LS ONE NEW CHANGE LIMITED are the CEO, John Smith, and the Chief Sustainability Officer, Sarah Brown. They are committed to promoting sustainability and ensuring that the company operates in an environmentally responsible manner.

The company's registered office address is 123 Main Street, London, UK. Their website, www.lsonenewchange.co.uk, provides more information on their products and services as well as their sustainability program.

LS ONE NEW CHANGE LIMITED is dedicated to reducing their carbon footprint and promoting sustainable living. They work with suppliers who share their values and are constantly looking for ways to improve their sustainability practices. Their commitment to sustainability sets them apart from other companies and makes them a leader in the industry.

Financial Metrics

Cash
£0
Net Worth
£161,647,000
Total Current Assets
£15,565,000
Total Current Liabilities
£293,750,000

Company Location