HALLMARK CARDS PLC
Company number: 03414540
Reporting period:
1 July 2018 to 31 December 2018
Report filed on:
25 January 2019
Approved by:
Ricky Singh
Payment statistics
Average time taken to pay invoices: 54 days
Invoices paid:
- within 30 days: 20%
- in 31 to 60 days: 32%
- in 61 days or more: 48%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £0
- payments due in the reporting period which have not been paid within the agreed period: 8%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
75 days
Standard payment terms
Hallmark Cards PLC standard payment terms are 60 days end of month.
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
75 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
If a Supplier has a query or dispute they should send an email to: ukacc2@hallmark.com. all supplier disputes and queries would be directed to accounts payable who will work with the supplier to reach a resolution. The usual timescale for resolution of queries is no longer than 30 days after the query has been received. Invoices should always be directed to: Accounts Payable Hallmark Cards PLC Dawson Lane Bradford BD4 6HN 01274 252000 ukacc2@hallmark.com
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