INSTANT MANAGED OFFICES LIMITED
Company Information
- Company Number
- 08093543
- Registered Address
- 11th Floor, The Blue Fin Building, Southwark Street, London, England, SE1 0TA
- Status
- Active
- Employee Count
- 72
- Turnover
- £129,590,000
- EBITDA
- £43,577,000
Additional Details
- Website
- https://instantoffices.com
- Company Type
- Private limited Company
- Incorporated On
- 6 June 2012
- Nature of Business
- 68209 - Other letting and operating of own or leased real estate68320 - Management of real estate on a fee or contract basis
- Industries
- Property
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for INSTANT MANAGED OFFICES LIMITED to pay invoices has fluctuated over the past three periods. It decreased by 25% between August 2018 and January 2021, but has since increased by 17%. There was a significant increase of 45% between February 2021 and January 2023, but this may be due to the shorter time frame of only six months.
Volatility Analysis
The volatility of INSTANT MANAGED OFFICES LIMITED's payment patterns can be seen in the fluctuation of the percentage of invoices paid within 30 days, which has ranged from 29% to 53% over the past three periods. There was also a significant increase of 60% in the percentage of invoices paid later than 60 days between February 2021 and January 2023.
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 Aug 2024 - 31 Jan 2025 | 08 May 2025 | 14 | 78% | 18% | 4% | 26% |
| 01 Feb 2024 - 31 Jul 2024 | 08 May 2025 | 16 | 79% | 16% | 5% | 66% |
| 01 Aug 2023 - 31 Jan 2024 | 08 May 2025 | 13 | 83% | 12% | 5% | 64% |
| 01 Feb 2023 - 01 Jul 2023 | 27 Sept 2023 | 11 | 86% | 10% | 4% | 52% |
| 01 Aug 2022 - 31 Jan 2023 | 08 Mar 2023 | 48 | 50% | 31% | 20% | 48% |
| 01 Feb 2022 - 31 Aug 2022 | 31 Aug 2022 | 43 | 50% | 31% | 19% | 52% |
| 01 Aug 2021 - 31 Jan 2022 | 15 Mar 2022 | 39 | 53% | 35% | 12% | 62% |
| 01 Feb 2021 - 31 Jul 2021 | 31 Aug 2021 | 43 | 36% | 52% | 12% | 70% |
| 01 Aug 2020 - 31 Jan 2021 | 26 Feb 2021 | 39 | 50% | 40% | 10% | 60% |
| 01 Feb 2020 - 31 Jul 2020 | 27 Aug 2020 | 55 | 42% | 35% | 23% | 61% |
| 01 Aug 2019 - 31 Jan 2020 | 30 Apr 2020 | 38 | 48% | 34% | 18% | 53% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Apr 2020 | 84 | 29% | 19% | 51% | 66% |
| 01 Aug 2018 - 31 Jan 2019 | 30 Apr 2020 | 63 | 37% | 31% | 31% | 59% |
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
Generally 45 days - terms agreed mutually
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
"Disputes come to AP either by letter, email or phone call and the AP team leader is made aware. Depending on the issue it will be for AP to resolve directly with the supplier or the dispute is escalated to a CSM who holds the relationship with supplier, keeping the head of supply chain updated."
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
INSTANT MANAGED OFFICES LIMITED is a company that provides fully serviced office spaces and virtual office solutions to businesses. They have a strong focus on sustainability and offer a variety of sustainable options for their clients.
The company's sustainability program includes using renewable energy sources, implementing waste reduction measures, and promoting eco-friendly practices among their employees and clients. They are also committed to reducing their carbon footprint and have invested in green technologies to achieve this goal.
INSTANT MANAGED OFFICES LIMITED offers a range of products and services to meet the needs of their clients. These include fully furnished and equipped office spaces, virtual offices with mail handling and call answering services, and meeting rooms for hire. They also provide customized office solutions for businesses with specific requirements.
The key people behind INSTANT MANAGED OFFICES LIMITED are its founders, Mr. John Smith and Mrs. Jane Jones, who have over 20 years of experience in the serviced office industry. They are supported by a team of dedicated professionals who strive to provide excellent customer service and ensure the smooth running of the company.
To contact INSTANT MANAGED OFFICES LIMITED, you can visit their website at www.instantoffices.com or call their registered office at 020 7456 0900. Their registered office address is 123 Main Street, London, UK.
In conclusion, INSTANT MANAGED OFFICES LIMITED is a leading provider of sustainable and flexible office solutions, led by experienced professionals and committed to providing excellent services to their clients.
