LONDON SQUARE DEVELOPMENTS LIMITED
Company Information
- Company Number
- 07160957
- Registered Address
- One, York Road, Uxbridge, Middlesex, England, UB8 1RN
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 February 2010
- Nature of Business
- 41100 - Development of building projects41202 - Construction of domestic buildings68100 - Buying and selling of own real estate
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
LONDON SQUARE DEVELOPMENTS LIMITED exhibits a consistent trend of extended payment cycles, with an average payment time of 37 days. Only 46% of invoices are settled within 30 days, while a substantial 43% fall into the 31-60 day bracket, indicating a regular trajectory towards payments settling in the second month. The high 80% late payment rate strongly reinforces this pattern of consistently exceeding standard 30-day payment terms.
Volatility Analysis
While 46% of payments are within 30 days, the significant 43% settling between 31-60 days suggests a degree of variability in payment timing, making precise forecasting challenging for suppliers. The 11% of payments extending beyond 60 days introduces an unpredictable risk of substantial delays, though it affects a smaller portion of invoices. Suppliers should anticipate that payments will predictably extend beyond 30 days, increasing cash flow uncertainty.
Summary Analysis
Suppliers should prepare for an average payment period of 37 days and a high likelihood (80%) of late payments when dealing with LONDON SQUARE DEVELOPMENTS LIMITED. Key decision factors include adjusting pricing strategies or payment terms to account for potential cash flow delays. Risk mitigation could involve negotiating shorter payment terms upfront or implementing strict follow-up protocols for invoices nearing or exceeding 30 days.
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 Jul 2024 - 31 Dec 2024 | 17 Oct 2025 | 37 | 46% | 43% | 11% | 80% |
| 01 Jan 2024 - 30 Jun 2024 | 11 Sept 2024 | 38 | 43% | 49% | 8% | 57% |
| 01 Apr 2023 - 31 Dec 2023 | 14 Aug 2024 | 36 | 38% | 54% | 8% | 57% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 37 | 39% | 55% | 6% | 57% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 36 | 47% | 46% | 7% | 59% |
| 01 Apr 2022 - 30 Sept 2022 | 03 Mar 2023 | 35 | 41% | 53% | 6% | 64% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 36 | 36% | 58% | 6% | 70% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 32 | 43% | 54% | 3% | 61% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 32 | 45% | 52% | 3% | 55% |
| 01 Apr 2020 - 30 Sept 2020 | 05 Nov 2020 | 34 | 41% | 54% | 5% | 56% |
| 01 Oct 2019 - 31 Mar 2020 | 12 May 2020 | 33 | 46% | 49% | 5% | 55% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 30 | 52% | 45% | 3% | 49% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 46 | 30% | 58% | 12% | 75% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 50 | 26% | 60% | 14% | 77% |
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
Subcontractors represent the London Square’s principal suppliers. The standard payment terms for subcontractors is 38 days from the date of application for payment. For other suppliers, payment terms vary from contract to contract. However, the most commonly used payment terms are the end of the following month from receipt of invoice. Where a supplier has longer payment terms, payment will be made early.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No further comment provided
Maximum contractual payment period agreed
60
Dispute Resolution Process
For Subcontractors: Before payment is processed, the quantity surveyor over-looking the site will notify the supplier with the payment that will be made regarding that month’s work; including justification for any withheld sums. Where the supplier disputes this value, the supplier is asked to provide evidence to the quantity surveyor to support their claims that the value of the payment should differ. If no agreement is met, a meeting will be held between London Square’s Head or Director of Commercial and a director of the supplier in question. If an agreement is still not met, the dispute will go to an adjudication tribunal to have an independent body assess the dispute. For all other suppliers: Disputes or complaints should be raised with the individual who authorised the order, if this is not known then queries may be made to London Square’s accounts payable team, who will raise the matter with the responsible individual. If this does not resolve the query, then the matter will be escalated to the director responsible for the relevant department.
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
LONDON SQUARE DEVELOPMENTS LIMITED is an active private limited company
The company's name, 'Developments Limited', indicates its specialisation in development activities
It was incorporated on 17 February 2010 and operates under company number 07160957
The registered office is located at One, York Road, Uxbridge, Middlesex, England, UB8 1RN
Companies registered as 'Developments Limited' typically engage in the acquisition of land, planning, and construction of new properties across the residential, commercial, or mixed-use sectors
Their services often include project management, design coordination, and the sale of completed developments in the UK market
