LASALLE INVESTMENT MANAGEMENT
Company number: 02597050
Reporting period:
1 January 2021 to 30 June 2021
Report filed on:
11 June 2025
Approved by:
Alistair James Seaton
Payment statistics
Average time taken to pay invoices: 31 days
Invoices paid:
- within 30 days: 64%
- in 31 to 60 days: 23%
- in 61 days or more: 13%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 37%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
90 days
Standard payment terms
Our standard payment terms are 30 days, but ranges on specific invoices from "immediate" to 90 days.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
90 days
Where payment terms are "immediate" we pay the invoice in the next payment run after it is approved. With all invoices, we endeavour to ensure that payment is made so that cleared funds are received within the payment terms stated on the invoice, however, sometimes invoices are received late, or there is a delay in approving them, which affects the payment process.
Any other information about payment terms
No further comment provided
Dispute resolution process
The person who booked, ordered or confirmed the goods or services is the first approver of the invoice. If there is an issue with the invoice, it is their responsibility to contact the vendor and arrange a credit note or a re-issued invoice. if a vendor has a query on the status of their invoice, their first point of contact should be our dedicated AP department in our Business Services Centre.
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 Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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