HALL & PICKLES 1812 LIMITED
Company number: 03162309
Reporting period:
1 June 2022 to
30 November 2022
This report was filed on 5 January 2023
and approved by Arnold Hillier
Payment statistics
Average time taken to pay invoices: 52 days
Invoices paid:
- within 30 days: 29%
- in 31 to 60 days: 36%
- in 61 days or more: 35%
Invoices due but not paid within agreed terms: 71%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
90 days
Standard payment terms
There is no single standard payment term. Agreed terms are mostly 30 days EOM or 60 days EOM and payments for undisputed invoices are either made on the first payment run following the due date or on specific, mutually agreed dates.
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
90 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
Queried invoices will be dealt with by Purchase Ledger staff where possible or alternatively will be referred to the relevant department for resolution. Once cleared, invoices will then be paid on the next applicable payment run.
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