HALSION HOLDINGS LIMITED
Company number: 04246093
Reporting period:
1 April 2019 to 30 September 2019
Report filed on:
9 October 2019
Approved by:
Christopher Parsons
Payment statistics
Average time taken to pay invoices: 5 days
Invoices paid:
- within 30 days: 95%
- in 31 to 60 days: 5%
- in 61 days or more: 0%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 0%
Payment terms
Shortest standard payment periods
3 days
Longest standard payment period
40 days
Standard payment terms
Rental agency fees deducted by way of net deduction from rental income.
Only other invoices are for accounting/audit fees.
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
40 days
Accounting fees payable 30 days from end of month. The invoices would be paid on the closest cheque run following this date. Hence, the few invoices which are received are only marginally overdue.
Any other information about payment terms
No further comment provided
Dispute resolution process
Any disputes in line with supplier terms and conditions. No disputes have arisen in the reporting period.
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