HAMMERSON GROUP MANAGEMENT LIMITED
Company number: 00574728
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
30 January 2026
Approved by:
Himanshu Raja
Payment statistics
Average time taken to pay invoices: 13 days
Total value paid:
- within 30 days: £9,366,767 (93%)
- in 31 to 60 days: £445,785 (4%)
- in 61 days or more: £213,344 (2%)
Invoices paid:
- within 30 days: 96%
- in 31 to 60 days: 3%
- in 61 days or more: 1%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £659,129
- payments due in the reporting period which have not been paid within the agreed period: 4%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Standard payment terms are 30 days following the invoice date.
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
Landlord Process - Hammerson operates a workflow system by which all invoices are scanned and matched to a pre-approved purchase order and sent for payment to the Purchase Ledger Team. Should the invoice not contain a PO number, the document will be rejected immediately to the supplier to resubmit including one. If the invoice exceeds the value of the PO, it will be redirected to the initiator to either approve, or deal directly with the supplier to resolve the issue. Once the query is resolved the Initiator will either return the invoice to the PL team informing them a new invoice is due or will pass the invoice on for payment.
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.
Yes, this business has signed up to: Prompt Payment Code
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