HARPERCOLLINS PUBLISHERS LIMITED
Company number: SC027389
Reporting period:
30 December 2024 to 27 June 2025
Report filed on:
11 July 2025
Approved by:
David Alford
Payment statistics
Average time taken to pay invoices: 28 days
Invoices paid:
- within 30 days: 72%
- in 31 to 60 days: 21%
- in 61 days or more: 7%
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
0 days
Longest standard payment period
120 days
Standard payment terms
1) Most frequently used payment terms are 30 days from invoice date 2) Exceptions are made for author expenses which are generally processed as immediate payment terms 3) Maximum payment terms – a. POs quote 90 days but the standard at vendor creation is 30 days b. We make payments on account to some key suppliers. c. Occasionally, we may make immediate payments for various reasons e.g. to secure goods, bookings, venues and other items for author tours or other events.
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
120 days
Maximum payment terms are 12 weeks from month end, next longest terms are 8 weeks from month end. 120 days entered as the best estimate for this as it is required to enter a number in the field.
Any other information about payment terms
No further comment provided
Dispute resolution process
Any invoice that is in dispute is referred to the relevant buyer/approver. AP may check in on progress of the dispute but this must be resolved between the supplier and their HarperCollins Publishers contact. AP does not have the appropriate knowledge of whether the goods or services have been delivered to the expected quality and therefore is not able to resolve disputes.
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