J O HAMBRO CAPITAL MANAGEMENT LIMITED
Company number: 02176004
Reporting period:
1 October 2021 to 31 March 2022
Report filed on:
29 April 2022
Approved by:
Stephen Donald Lynn
Payment statistics
Average time taken to pay invoices: 23 days
Invoices paid:
- within 30 days: 75%
- in 31 to 60 days: 21%
- in 61 days or more: 4%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 25%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
31 days
Standard payment terms
Standard terms are 30 days from the date the invoice is received
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
31 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Invoices flagged with an issue are placed on hold while the issue is raised with the supplier, by either the AP team or the approver depending on the level of concern. If AP cannot resolve the issue then the dispute is passed to the approver to liaise with the account manager
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.
Yes
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