INTU ELDON SQUARE LIMITED

PaymentCheck Score 2020
84Good
New Entry
#1121 in UK
#46 in Property
#521 in London

Company Information

Company Number
05503289
Registered Address
C/O Pradera Lateral Limited 5th Floor, 20 Fenchurch Street, London, England, EC3M 3BY
Status
Active
Employee Count
0
Turnover
£23,600,000
EBITDA
£3,300,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 July 2005
Nature of Business
68209 - Other letting and operating of own or leased real estate
Industries
Property, Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
21 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
82%
31-60 Days
5%
After 60 Days
13%
Not Paid Within Terms25%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202030 Jul 20202182%5%13%25%
01 Jan 2019 - 30 Jun 201929 Jul 20191285%8%7%27%

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

Our Standard Payment Terms are 60 days, however where we have a contract that denotes less than this then the contract terms are used against that supplier. All of our SME suppliers without a contract are set at 30 days or less. Any supplier without a contract has the payment terms printed on the purchase order that is sent to them.

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

Any invoice that is disputing is loaded into a query resolution system. The requestor of the goods service communicates with the supplier via phone/email. All emails are uploaded along with the invoice so the dispute can be monitored by the central AP function.

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

INTU ELDON SQUARE LIMITED is a shopping center operator located in Newcastle upon Tyne, United Kingdom. The company is committed to sustainability and has several initiatives in place to reduce their environmental impact.

Their sustainability program includes implementing energy-efficient measures, reducing waste and promoting recycling, and engaging with local communities to support sustainable practices. They also have a dedicated team that focuses on sustainability and regularly monitors and reports on their progress.

The company offers a wide range of products and services to its customers, including over 150 stores, restaurants, and entertainment options. Some of the popular brands at INTU ELDON SQUARE include Apple, Zara, and H&M. They also have a variety of dining options, including cafes, fast-food chains, and sit-down restaurants.

The key people at INTU ELDON SQUARE LIMITED are their managing director, Kate Grant, and their director of operations, Colin Flinn. Both have extensive experience in the retail and shopping center industry and are responsible for the overall operations and development of the company.

The company also has a website (www.intu.co.uk/eldonsquare) where customers can find information about the stores, events, and promotions at the shopping center. The registered office address for INTU ELDON SQUARE LIMITED is located at 40 Broadway, London SW1H 0BT.

In conclusion, INTU ELDON SQUARE LIMITED is a leading shopping center in Newcastle upon Tyne with a strong commitment to sustainability. They offer a diverse range of products and services and are led by experienced individuals in the industry. Customers can easily access information about the company through their website or by visiting their registered office.

Financial Metrics

Cash
£16,900,000
Net Worth
-£28,300,000
Total Current Assets
£38,600,000
Total Current Liabilities
£121,600,000

Company Location