GREATER LONDON AUTHORITY HOLDINGS LIMITED

Company Information

Company Number
07923665
Registered Address
5 Endeavour Square, London, United Kingdom, E20 1JN
Status
Active
Employee Count
Coming Soon
Turnover
£59,760,000
EBITDA
£10,397,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 January 2012
Nature of Business
68209 - Other letting and operating of own or leased real estate
Industries
Property
Region
UnknownNot specified in payment practices report

Time to Pay

Average Time to Pay
23 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
90%
31-60 Days
7%
After 60 Days
3%
Not Paid Within Terms14%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2018-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2018 - 31 Mar 201930 Apr 20192391%6%4%13%
01 Apr 2018 - 30 Sept 201830 Oct 20182390%7%3%14%

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 of 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

Transport for London and its subsidiaries 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 https://tfl.gov.uk/info-for/suppliers-and-contractors/recieving-orders-and-getting-paid

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

GREATER LONDON AUTHORITY HOLDINGS LIMITED operates as a Private limited Company, primarily engaged in holding investments, assets, or shares in other entities. Its name indicates a connection to the Greater London Authority, suggesting an organisational structure for managing specific holdings.

Incorporated on 25 January 2012, GREATER LONDON AUTHORITY HOLDINGS LIMITED holds an active status with company number 07923665. Its registered office is located at 5 Endeavour Square, London, United Kingdom, E20 1JN.

As a holdings company, this type of organisation in the UK typically focuses on the strategic management of a portfolio of assets, including shares in subsidiary companies, properties, or other investments. Their primary function often involves facilitating group structures and managing consolidated interests rather than direct commercial trading.

Financial Metrics

Cash
£30,000,000
Net Worth
£175,800,000
Total Current Assets
£361,000,000
Total Current Liabilities
£205,400,000

Company Location