HENGISTBURY INVESTMENT PARTNERS LLP
Company number: OC365747
Reporting period:
1 April 2025 to 30 September 2025
Report filed on:
28 October 2025
Approved by:
Jonathan Sharp
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 17 days
Total value paid:
- within 30 days: £193,505 (87%)
- in 31 to 60 days: £25,582 (12%)
- in 61 days or more: £3,120 (1%)
Invoices paid:
- within 30 days: 84%
- in 31 to 60 days: 16%
- in 61 days or more: 0%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £100,245
- payments due in the reporting period which have not been paid within the agreed period: 43%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
Answer not provided
Standard payment terms
30 days if no other instruction
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
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Supplier Payment Resolution Process
1. Invoice Receipt & Initial Review - Responsible: Office Manager (Shirene)
Receive invoice via email or post.
Check for accuracy: supplier name, services/products delivered, dates, amounts, and terms.
Log the invoice in the firm’s accounting or invoice tracking system.
2. Verification of Goods/Services - Responsible: Relevant employee or partner who requested the service
Confirm that goods/services were received as described.
Flag any discrepancies or issues to the office manager.
3. Dispute Handling (if needed) Responsible: Office Manager
Contact the supplier via email or phone to clarify or resolve discrepancies.
Document all correspondence and outcomes.
Escalate unresolved disputes to a designated partner (Jon Sharp) if necessary.
4. Approval for Payment - Responsible: Office Manager/Designated Partner
Review the verified invoice and any dispute resolution notes.
Provide written or digital sign-off (e.g., email confirmation or approval in accounting software).
Ensure the invoice aligns with budget and contractual terms.
5. Payment Processing - Responsible: Office Manager or Finance Administrator (if applicable)
Schedule payment according to agreed terms (e.g., 30 days).
Use firm’s payment method (bank transfer, cheque, etc.).
Record payment details in the system.
6. Confirmation & Filing - Responsible: Office Manager
Confirm payment with supplier.
File invoice and payment confirmation for audit and record-keeping.
Update payment status in tracking system.
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