GOV.UK
JONES LANG LASALLE SERVICES LIMITED
Company number: 04877382
Reporting period:
1 July 2018
to 31 December 2018
This report was filed on 30 January 2019
and approved by Jamie McHugh
Payment statistics
Average time taken to pay invoices: 47 days
Invoices paid:
- within 30 days: 17%
- in 31 to 60 days: 50%
- in 61 days or more: 33%
Invoices due but not paid within agreed terms: 31 %
Payment terms
Shortest standard payment period
1 days
Longest standard payment period
90 days
Standard payment terms
Jones Lang LaSalle Services does not have one standard payment terms used for qualifying contracts. The standard payment terms used by Jones Lang LaSalle Services are agreed with suppliers on a one to one case. Where we enter into standard terms with suppliers and upon receipt of a valid invoice, those invoices are included in a weekly payment run as they fall due. Jones Lang LaSalle Services also act as Principal for a portfolio of clients and pay suppliers on behalf of their clients. In this instance payment terms and payment runs are determined by the funding terms with those clients.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
90 days
Any other information about payment terms
N/A
Dispute resolution process
Disputes should be submitted to the JLL member of staff managing the contract. If there are no resolution, both parties should meet to try to resolve the matter. If there are no resolution after 6 months, the matter would be referred to the Legal team.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.No
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No