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Their own payment-practices filing · gov.uk

Land Securities Properties Limited pays suppliers in 21 days on average — within its stated 7–30 day terms

CRN 00961477 · Real estate · 16 statutory reports on record · period to 31 Mar 2026

21daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 14 days past the shortest term they state (7 days), still within their 30-day upper term.

Faster than mostvs a 31-day median across 6,104 recent filers
Their stated terms
7–30 days
Paid outside agreed terms
17% of invoices
Paid after 61+ days
3%
Reporting period
1 Oct 2025 – 31 Mar 2026
Source
their gov.uk filing, filed 30 Apr 2026

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H1 2026 filing

Paid within their stated range — 21 against 7–30 days

The pattern · last 6 of 16 reports

26 → 21 days — getting faster

The read · computed from their figures

Land Securities Properties Limited's H1 2026 filing puts their average at 21 days against stated terms of 7–30 days; 17% of invoices were paid outside agreed terms and 3% took 61 days or longer. Filed 30 Apr 2026.

The direction is faster: from 26 days in H2 2023 to 21 now — 5 days faster across their last 6 reports.

On the latest reported averages: Faster than 73% of the 73 large companies reporting in real estate.

That is 16 statutory periods on record (earliest H2 2018) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

Invoices for Goods and/or Services provided under the Contract shall be payable by the Buyer within 30 days of receiving a valid invoice, or if later, within 30 days of the Buyer’s acceptance of the relevant Goods or Services. Alternative payment terms may be agreed in writing between the Buyer and the Seller from time to time.

Dispute resolution

We are committed to resolving any disagreements in a constructive and respectful manner. If you encounter an issue, please raise it with your usual Landsec contact, who will escalate it through their line manager as appropriate. Should you wish to submit a formal complaint, please do so in writing to: Alex Peeke Head of Legal & Property Records Land Securities Group PLC 100 Victoria Street London SW1E 5JL Our complaint handling process is as follows: - We aim to acknowledge receipt of your complaint within 5 working days. - A full response will be provided within 20 working days of initial receipt. - In exceptional cases where further investigation is required, we will inform you within the 20-day period and aim to respond within 30 working days of receipt.

Other information

In early 2025 we issued communications to our suppliers that we had experienced some teething issues around our PO and payment processes, following the implementation of a new finance system, and that this had resulted in a delay in payments to some of our suppliers. This has impacted our supplier payment practices data for this period. We have now returned to a more BAU stable environment, with system enhancements in the pipeline, as we are committed to further improve our payment statistics.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20262117%3%30 Apr 2026
H2 20253932%16%31 Oct 2025
H1 20253946%10%1 Feb 2026
H2 20242934%7%1 Feb 2026
H1 20243132%8%1 Feb 2026
H2 20232625%6%1 Feb 2026
H1 2023271%5%25 Apr 2023
H2 20222211%2%26 Oct 2022
H1 2022209%2%22 Apr 2022
H2 2021207%1%21 Oct 2021
H1 2021207%10%23 Apr 2021
H2 2020199%16%27 Oct 2020
H1 2020175%4%28 Apr 2020
H2 2019187%7%25 Oct 2019
H1 2019197%13%24 Apr 2019
H2 2018198%10%16 Oct 2018

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
5 Sept 1969
Registered office
100 VICTORIA STREET, LONDON, SW1E 5JL
1 outstanding charge — secured borrowing registered Accounts due 31 Dec 2026

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 21-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 21-day vs a 7-day payment cycle.

≈ £8,500
of invoicing outstanding at any one time on a 21-day cycle — about £5,500 more than the same account would carry at 7-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers · Land Securities Properties Limited

Are they getting slower or faster?
Their reported average has moved about 5 days faster over the window (26 → 21 days).
What's their typical pay point?
Their latest filed report puts the average at day 21; across their last 6 reports it ranged 21–39 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.
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More large companies in real estate

Land Securities P L C · Lasalle Investment Management · Lambert Smith Hampton Group Limited · Leaders Limited · L&Q PRS Co Limited · Limecay Limited

How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-00961477 · latest period to 31 Mar 2026

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