CUSTODIAN PROPERTY INCOME REIT PLC

PaymentCheck Score 2024
87Good
1.8vs last year
#1393 in UK
#92 in Professional Services
#35 in East Midlands

Company Information

Company Number
08863271
Registered Address
1 New Walk Place, Leicester, United Kingdom, LE1 6RU
Status
Active
Employee Count
0
Turnover
£44,147,000
EBITDA
-£59,449,000

Additional Details

Company Type
Public limited Company
Incorporated On
27 January 2014
Nature of Business
64306 - Activities of real estate investment trusts
Industries
Professional Services,Property,Infrastructure And Construction
Region
East Midlands

Time to Pay

Average Time to Pay
29 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
83%
31-60 Days
13%
After 60 Days
4%
Not Paid Within Terms29%

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: 2024-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2023 - 31 Mar 202430 Apr 20242487%13%0%22%
01 Apr 2023 - 30 Sept 202301 Nov 20232387%12%1%20%
01 Oct 2022 - 31 Mar 202328 Apr 20232673%24%3%32%
01 Apr 2022 - 30 Sept 202231 Oct 20223435%60%5%68%
01 Oct 2021 - 31 Mar 202203 May 20222378%21%1%32%
01 Apr 2021 - 30 Sept 202129 Oct 20213818%80%2%89%
01 Oct 2020 - 31 Mar 202130 Apr 20212782%16%2%29%

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

N/A

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

A complaint or concern should be emailed to accounts@custodianreit.com or sent in writing to the registered office. All disputes will be looked into and responded to within a reasonable time.

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

CUSTODIAN PROPERTY INCOME REIT PLC is a UK-based real estate investment trust that focuses on acquiring and managing commercial properties. The company's primary aim is to provide stable and sustainable income for its shareholders through its portfolio of properties.

The company's sustainability program is a key aspect of its operations, with a focus on reducing its environmental impact and promoting responsible business practices. CUSTODIAN PROPERTY INCOME REIT PLC has implemented energy-saving measures in its properties, such as LED lighting and efficient heating systems. It also encourages its tenants to adopt sustainable practices, such as recycling and reducing their carbon footprint.

CUSTODIAN PROPERTY INCOME REIT PLC offers a range of products and services, including property management, leasing, and asset management. The company's portfolio includes a diverse range of properties, such as office buildings, industrial warehouses, and retail spaces. It also actively seeks out new investment opportunities to expand its portfolio and provide value for its shareholders.

The key people at CUSTODIAN PROPERTY INCOME REIT PLC include its Chairman, Chief Executive Officer, and Investment Manager. The company's registered office is located in London, and it can be contacted through its website or by phone. Its website also provides information on its latest financial reports, news, and updates on its sustainability initiatives.

In summary, CUSTODIAN PROPERTY INCOME REIT PLC is a sustainable and responsible real estate investment trust that offers a variety of products and services to generate stable income for its shareholders. Through its sustainability program and diverse portfolio, the company aims to contribute to a more sustainable future while providing value for its stakeholders.

Financial Metrics

Cash
£6,880,000
Net Worth
£437,569,000
Total Current Assets
£10,628,000
Total Current Liabilities
£15,087,000

Company Location