| 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 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 23 | 72% | 23% | 5% | 37% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 35 | 70% | 17% | 13% | 22% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 25 | 81% | 16% | 3% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 34 | 83% | 6% | 11% | 16% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard Payment term is 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Many payments governed by pre-agreed contracts. These contracts include processes for disputes. The low volume of these payments has resulted in no disputes in the period.
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.
❌
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
East Slope Residencies Student Accommodation LLP is registered at a Newcastle upon Tyne business park. The supplied evidence relates to the wider Balfour Beatty group rather than to this specific LLP. Balfour Beatty's Infrastructure Investments segment develops and finances public and private infrastructure projects and operates a portfolio of military, multi-family housing and student accommodation assets in the UK and US. Given its name, this LLP appears to be a special purpose vehicle within that student accommodation portfolio, holding or managing a specific residential asset rather than trading independently. No further detail on its own operations, turnover or specific site was found in the evidence supplied, so this summary should be read as indicative of its likely role within the group structure rather than a confirmed independent activity.
Generated from the company's website and Companies House records. Sources: balfourbeatty.com