Score of 93.7/100 qualifies for PaymentCheck Certification
| 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 Apr 2025 - 30 Sept 2025 | 28 Oct 2025 | 17 | 92% | 5% | 3% | 10% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 28 | 84% | 7% | 8% | 40% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 37 | 71% | 21% | 8% | 51% |
| 01 Oct 2022 - 31 Mar 2023 | 03 May 2023 | 39 | 74% | 17% | 9% | 57% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 44 | 64% | 18% | 17% | 57% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
L&Q PRS Co Limited’s standard payment terms is to make payment within 30 days from receipt of a valid invoice. Subcontractor suppliers are paid in line with their contract, which may be more quickly.
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
60
L&Q PRS Co Limited aims to resolve all disputes promptly. This will normally be by contacting the supplier to resolve any issues.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
L&Q PRS CO LIMITED is a UK-based company that offers sustainable residential properties for rent. They are committed to providing high-quality, affordable housing while also promoting environmental responsibility.
Their sustainability program focuses on reducing their carbon footprint, using renewable energy sources, and implementing energy-efficient practices in their properties. They also prioritize waste reduction and recycling initiatives.
One of their key products is their portfolio of sustainable rental properties, which are built to high environmental standards and equipped with energy-saving features. They offer a range of options, from studio apartments to family homes, to cater to different needs.
The company is led by a team of experienced professionals, including their CEO Fiona Fletcher-Smith. They strive to maintain strong relationships with their tenants and provide excellent customer service.
L&Q PRS CO LIMITED can be contacted through their website, which also provides information on their available properties and rental prices. Their registered office address is located in London, UK. In summary, L&Q PRS CO LIMITED is a reputable company that offers sustainable rental properties and is dedicated to promoting environmental sustainability.