| 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 Aug 2017 - 31 Jan 2018 | 06 Mar 2018 | 25 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Invoices are settled within one month
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Queries are investigated by the bought ledger team or commercial team and resolutions sought
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
Oval Quarter Developments Limited was incorporated in 2011 as Myatt's Field Limited before being renamed. It is registered at the offices of Higgins Group Plc, indicating it operates as part of that construction and property group. Its registered activity is the management of real estate on a fee or contract basis. Companies House records show several outstanding charges in favour of a bank secured against specific plots at the Myatts Field North Estate in London, consistent with the company acting as a development vehicle for that site. No further public information describes trading activity, products or services beyond its role in financing and holding interests in these development plots within the wider group.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk