LENDLEASE (ELEPHANT & CASTLE) LIMITED
Company Information
- Company Number
- 07196467
- Registered Address
- 5 Merchant Square, Level 9, London, England, W2 1BQ
- Status
- Active
- Employee Count
- 0
- Turnover
- £139,610,000
- EBITDA
- £3,381,000
Additional Details
- Website
- https://lendlease.com
- Company Type
- Private limited Company
- Incorporated On
- 19 March 2010
- Nature of Business
- 41100 - Development of building projects
- Industries
- Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 29 Jan 2025 | 33 | 81% | 11% | 8% | 64% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 38 | 78% | 9% | 13% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 34 | 73% | 17% | 10% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 30 | 74% | 21% | 5% | 32% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 34 | 75% | 14% | 11% | 23% |
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 Company’s standard payment terms for non-construction contract related payments is 30 days. For construction contracts the payment terms are largely dependent on the specific requirements of individual projects. When calculating the number of days to make payment for construction contracts in this reporting period, the Company has reported the time to pay from the due date to the final date for payment. In prior periods it had added 7 days to reflect the general range of days between an application date and a due date for those contracts governed by the Housing Grant, Constriction and Regeneration Act 1996.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The Company operates on standard payment terms of 30 days for non-construction related contracts, unless the Company agrees to different terms requested by a supplier.
Maximum contractual payment period agreed
45
Dispute Resolution Process
All queries regarding non-payment of invoices should be discussed with the Lendlease contact as specified on the Lendlease Purchase Order. Escalation can be managed through the Lendlease Customer Service team. Further escalation will be managed internally when required. For any qualifying subcontracts, any dispute or difference between the parties are subject to the laws of England and Wales and the jurisdiction of the English courts. Payment under construction contracts is subject to statutory adjudication pursuant to the Housing Grant, Construction and Regeneration Act 1996. Only a very small proportion of our payments become the subject to the adjudication and/or court proceedings.
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
LENDLEASE (ELEPHANT & CASTLE) LIMITED is a real estate development and construction company based in London, UK. The company is part of the global Lendlease Group, which has a strong focus on sustainability and responsible business practices.
One of the key activities of LENDLEASE (ELEPHANT & CASTLE) LIMITED is the development of the Elephant Park project in Elephant and Castle, London. This project aims to transform the area into a vibrant, sustainable and inclusive community. The company is committed to using sustainable building practices and materials, as well as creating green spaces and promoting eco-friendly transportation options.
LENDLEASE (ELEPHANT & CASTLE) LIMITED also offers a range of products and services including residential and commercial properties, as well as retail and leisure spaces. Their developments are designed with sustainability in mind, incorporating energy-efficient features and promoting a healthy and active lifestyle.
The company is led by CEO Dan Labbad and has a team of experienced professionals in the fields of real estate, construction, and sustainability. They work closely with local authorities and communities to ensure their projects align with the needs and values of the area.
For more information on LENDLEASE (ELEPHANT & CASTLE) LIMITED and their sustainability efforts, you can visit their website at https://www.elephantpark.co.uk/. Their registered office address is 20 Triton Street, Regent's Place, London, NW1 3BF.
