HF GROUP LIMITED
Company number: SC316875
Reporting period:
1 October 2024 to 31 March 2025
Report filed on:
28 November 2025
Approved by:
Jill Nicolson
Payment statistics
Average time taken to pay invoices: 47 days
Invoices paid:
- within 30 days: 19%
- in 31 to 60 days: 63%
- in 61 days or more: 18%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 27%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
60 days
Standard payment terms
A standard terms are 30 and 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
60 days
Maximum contract terms are generally aligned with client payment terms and are agreed with individual suppliers / subcontractors.
Any other information about payment terms
No further comment provided
Dispute resolution process
We recognise the importance our of suppliers and subcontractors in allowing us to deliver a quality service and therefore endeavour to pay all on time and are committed to resolving disputes quickly. We perform monthly purchase ledger reconciliations to ensure we have all our supplier and subcontractor invoices on the ledger.
HF believe in building a strong working relationship with our supply chain which should be beneficial if a dispute arises. Where a resolution is not obtained within a reasonable timescale there is an escalation process where the dispute is passed to a relevant member of the senior management team to engage with the supplier / subcontractor and come to an agreement.
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