GOV.UK
HILL DICKINSON LLP
Company number: OC314079
Reporting period:
1 May 2023
to 31 October 2023
This report was filed on 30 November 2023
and approved by Mark Carter
Payment statistics
Average time taken to pay invoices: 17 days
Invoices paid:
- within 30 days: 86%
- in 31 to 60 days: 14%
- in 61 days or more: 0%
Invoices due but not paid within agreed terms: 1 %
Payment terms
Shortest standard payment period
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?
No
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.
Any disputes or complaints can be escalated to our relevant Supplier relationship owner, and if necessary to senior management.
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
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