| 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 2024 - 30 Jun 2024 | 25 Jul 2024 | 34 | 60% | 30% | 10% | 10% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 28 | 77% | 19% | 4% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 21 | 89% | 11% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 29 | 64% | 32% | 4% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 33 | 58% | 36% | 6% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 13 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 30 | 64% | 23% | 14% | 39% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 20 | 74% | 23% | 3% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 20 | 74% | 23% | 3% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | 21 | 78% | 22% | 0% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 22 | 76% | 24% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 13 | 89% | 11% | 0% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 12 | 100% | 0% | 0% | 10% |
This information is as reported by the business, and responses are in their own words.
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
No additional information
Maximum contractual payment period agreed
35
A monthly review process to monitor invoices has been established to consider options for settlement in the event of a 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.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
CWCB Properties (DS7) Limited is a registered entity within the Canary Wharf Group, based at One Canada Square, London. Companies House records its nature of business as other business support activities. The wider Canary Wharf Group operates the Canary Wharf estate, described on its website as a district combining apartment living, retail space for shops, cafes and bars, office space and year round events and exhibitions. This company appears to function as a property holding vehicle within that group structure rather than as an independent trading operator, with no separate description of its own activities found in the available evidence.
Generated from the company's website and Companies House records. Sources: canarywharf.com