HILL DICKINSON BUSINESS SERVICES LIMITED

Company number: 07525975

Reporting period:
1 November 2018 to 30 April 2019

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This report was filed on 30 May 2019

and approved by Peter Jackson

Payment statistics

Average time taken to pay invoices: 13 days

Invoices paid:

• within 30 days: 97%
• in 31 to 60 days: 3%

Invoices due but not paid within agreed terms: 8%

Payment terms

Shortest standard payment periods

30 days

Longest standard payment period

60 days

Standard payment terms

Business supplier standard payments terms are 30 days subject to any variable agreements and the figures provided generally exclude Counsels and Experts suppliers (professional disbursements) who are on variable agreements that mainly cover payment upon receipt.

Were there any changes to the standard payment terms in the reporting period?

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

60 days

These are exceptional terms and the majority fall within 30 days payment terms.

Any other information about payment terms

The figures provided are based on our Business suppliers and these will vary upon inclusion of Professional disbursement suppliers (Counsels/Experts) that are generally on variable agreed terms (ie payment upon receipt) under SRA regulation. Importantly our payment processes supports prompt Counsel/Expert supplier payment upon receipt. The supplied figures do not distinguish between our Hill Dickinson LLP and Hill Dickinson Business Services Company No.7525975 (this company has one customer Hill Dickinson LLP) as they are all recorded and paid centrally. Hence we have provided the same information for both our Hill Dickinson LLP and Business Services Company published reports.

Dispute resolution process

We provide an initial response within 7 days to any disputes or complaints that should be raised through our Accounts Payable team (email Accounts.Payable@hilldickinson.com).   Alternatively you can call Hill Dickinson main reception on +44 (0)151 600 8000 and ask for the Accounts Payable team.

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 Prompt 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