GLA LAND AND PROPERTY LIMITED

PaymentCheck Score 2025
95Excellent
7.4vs last year
#505 in UK
#19 in Property
#249 in London

Company Information

Company Number
07911046
Registered Address
5 Endeavour Square, London, United Kingdom, E20 1JN
Status
Active
Employee Count
0
Turnover
-£47,982,000
EBITDA
-£10,397,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 January 2012
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
17 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
93%
31-60 Days
6%
After 60 Days
1%
Not Paid Within Terms12%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202523 Oct 20251696%2%2%15%
01 Oct 2024 - 31 Mar 202524 Apr 20251793%6%1%12%
01 Oct 2023 - 31 Mar 202429 Apr 20244489%4%7%14%
01 Apr 2023 - 30 Sept 202331 Oct 20232086%10%4%17%
01 Apr 2022 - 30 Sept 202228 Oct 20222091%5%4%15%
01 Oct 2021 - 31 Mar 202203 May 20222188%8%5%18%
01 Apr 2021 - 30 Sept 202130 Nov 20212490%6%4%15%
01 Oct 2020 - 31 Mar 202128 May 20211394%3%3%8%
01 Apr 2019 - 30 Sept 201928 Oct 20191295%3%2%6%
01 Apr 2018 - 30 Sept 201830 Oct 20181693%4%3%13%

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

30 days

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

30

Dispute Resolution Process

GLA Land and Property Limited has enhanced its automatic communication with suppliers enabling them to be notified of any issues preventing an invoice from being processed for payment. Suppliers are notified in writing if there may be a delay in payment of invoices. Information on this process can be found at Getting paid - Transport for London

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

GLA Land and Property Limited is a public limited company that operates as the property arm of the Greater London Authority. They are responsible for managing and developing the GLA's land and property assets. The company's registered office is located at City Hall, The Queen's Walk, London SE1 2AA.

GLA Land and Property Limited has a strong focus on sustainability and is committed to reducing their environmental impact. They have a sustainability program in place that includes energy efficiency measures, waste reduction initiatives, and the use of sustainable materials in their developments. They also work closely with local communities to promote sustainable living and support social and economic initiatives.

The company offers a wide range of services, including property management, asset optimization, and development. They work with a variety of partners, including local authorities, developers, and investors, to deliver projects that benefit the communities they serve.

Some of the key people at GLA Land and Property Limited include the Chair, Deputy Chair, and Chief Executive Officer, who are responsible for overseeing the company's operations and strategic direction. They also have a team of experienced professionals who bring a wealth of knowledge and expertise to the company.

To learn more about GLA Land and Property Limited, their services, and sustainability program, you can visit their website at www.london.gov.uk/land-property. Their website also includes contact information for their various departments and a list of current projects and developments.

Financial Metrics

Cash
£70,158,000
Net Worth
£190,882,000
Total Current Assets
£353,871,000
Total Current Liabilities
£292,636,000

Company Location