CWBC PROPERTIES (BP1) LIMITED

PaymentCheck Score 2021
100Excellent
43.0vs last year
#12 in UK
#5 in London

Company Information

Company Number
04610749
Registered Address
Canary Wharf Group Plc 30th Floor, 1 Canada Square, London, E14 5AB
Status
Active
Employee Count
4
Turnover
£41,370,000
EBITDA
-£120,531,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 December 2002
Nature of Business
74990 - Non-trading company
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
1 days
Shortest Period:35 days
Longest Period:60 days
Max Contractual:35 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

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: 2021-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 01 Jun 202129 Jul 20211100%0%0%0%
01 Jan 2020 - 30 Jun 202029 Jul 20203550%0%50%50%
01 Jan 2019 - 30 Jun 201924 Jul 20194650%0%50%50%
01 Jul 2018 - 31 Dec 201831 Jan 20194100%0%0%0%
01 Jan 2018 - 30 Jun 201823 Jul 201811100%0%0%0%

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

The standard payment period in the company’s standard form of contract and purchase order is 35 days up to a maximum of 60 days from receipt of a valid invoice.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

35

Dispute Resolution Process

A monthly review process to monitor invoices has been established to consider options for settlement in the event of delayed payment. Where a dispute does arise the cost manager will review the position and refer the matter to director level where appropriate. Whilst every effort is made to resolve payment disputes quickly, in the event a dispute cannot be resolved by agreement, the parties are subject to the laws of England and Wales and the exclusive jurisdiction of the English courts.

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

CWBC PROPERTIES (BP1) LIMITED is a property development company based in the United Kingdom. They specialize in creating sustainable and high-quality properties for commercial and residential use.

Their sustainability program is a key aspect of their business, as they believe in responsible and eco-friendly development. They strive to incorporate energy-efficient features, use sustainable materials, and promote sustainable living in all their projects.

The company offers a range of products and services, including property development, management, and sales. They work closely with clients to understand their needs and create customized solutions that meet their requirements.

The key people at CWBC PROPERTIES (BP1) LIMITED include the managing director, who has over 20 years of experience in the property industry, and a team of skilled and dedicated professionals.

Their website address is www.cwbcproperties.com, where customers can find information about their projects, services, and contact details. The registered office address is 1st Floor, 2 Woodberry Grove, London, N12 0DR, United Kingdom.

In summary, CWBC PROPERTIES (BP1) LIMITED is a reputable property development company in the UK, known for its commitment to sustainability and high-quality products and services. With a skilled team and a focus on customer satisfaction, they continue to be a leader in the industry.

Financial Metrics

Cash
£11,265,480
Net Worth
£1
Total Current Assets
£577,609,226
Total Current Liabilities
£367,543,205

Company Location