AVISON YOUNG UK LIMITED
Company Information
- Company Number
- 06382509
- Registered Address
- 3 Brindley Place, Birmingham, B1 2JB
- Status
- Active
- Employee Count
- 1,206
- Turnover
- £145,863,000
- EBITDA
- -£13,335,000
Additional Details
- Website
- https://avisonyoung.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 26 September 2007
- Nature of Business
- 68310 - Real estate agencies
- Industries
- Professional Services,Property,Infrastructure And Construction
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time for AVISON YOUNG (UK) LIMITED to pay invoices has generally increased over the past three years, with a slight decrease in 2020. The percentage of invoices paid within 30 days has also been increasing, while the percentage of invoices paid between 31 and 60 days has been decreasing. However, the percentage of invoices paid later than 60 days has been fluctuating, with a peak in 2020.
Volatility Analysis
The volatility of AVISON YOUNG (UK) LIMITED's payment behavior can be seen in the varying percentages of invoices paid later than 60 days. This suggests that the company may struggle with consistent payment practices and may need to improve their processes. However, the trend of increasing payments within 30 days suggests that the company may be making efforts to improve their payment efficiency.
Performance Reports History
| 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 2022 - 30 Jun 2022 | 29 Jul 2022 | 42 | 40% | 42% | 18% | 63% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 39 | 47% | 38% | 15% | 52% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 42 | 43% | 39% | 18% | 61% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 44 | 46% | 32% | 22% | 56% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 49 | 31% | 41% | 28% | 71% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 44 | 35% | 46% | 19% | 67% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 46 | 27% | 50% | 23% | 75% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 42 | 32% | 52% | 16% | 71% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 45 | 28% | 51% | 21% | 73% |
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
Standard payment terms state that payment of third party invoices for goods and services will be made within 60 days of receipt of a correct, undisputed and properly due VAT invoice, unless otherwise agreed in writing by a duly authorised representative. Where the supplier is deemed to be a small sized entity the standard payment terms are reduced to 30 days from receipt of a correct, undisputed and properly due VAT invoice, unless otherwise agreed in writing by a duly authorised representative.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
We have good relationships with our suppliers and do not generally have significant disputes relating to payments. We endeavour to resolve all disputes in a fair and timely manner. Disputes are resolved by discussion and agreement with a supplier and are typically managed by the dedicated accounts payable team.
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
AVISON YOUNG (UK) LIMITED is a leading real estate services firm in the United Kingdom. The company offers a range of services including brokerage, property management, valuation, and consulting. They have a strong focus on sustainability and are committed to minimizing their environmental impact through their operations and services.
Their sustainability program includes initiatives such as reducing energy consumption, promoting recycling and waste reduction, and using sustainable building materials. They also offer sustainability consulting services to help clients make their properties more environmentally friendly.
The company's key people include Mark E. Rose, the Global CEO, and Peter Eley, the UK Managing Director. They have a team of experienced professionals who are dedicated to providing high-quality services to their clients.
AVISON YOUNG (UK) LIMITED can be contacted through their website, which is user-friendly and provides detailed information about their services and sustainability efforts. Their registered office address is 12 St. James's Square, London, SW1Y 4JU, United Kingdom.
In summary, AVISON YOUNG (UK) LIMITED is a reputable real estate services firm with a strong focus on sustainability. Their services, led by a team of experienced professionals, are aimed at helping clients achieve their goals while minimizing their impact on the environment. They can be easily contacted through their website and are headquartered in London, UK.
