WILLIAM HARE LIMITED

PaymentCheck Score 2025
66Fair
2.1vs last year
#2733 in UK
#199 in Property
#183 in North West

Company Information

Company Number
00399212
Registered Address
Brandlesholme House, Brandlesholme Road, Bury, Lancashire, BL8 1JJ
Status
Active
Employee Count
842
Turnover
£250,364,000
EBITDA
£15,944,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 October 1945
Nature of Business
25110 - Manufacture of metal structures and parts of structures
43999 - Other specialised construction activities not elsewhere classified
Industries
Property, Infrastructure And Construction
Region
North West

Time to Pay

Average Time to Pay
40 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
49%
31-60 Days
28%
After 60 Days
23%
Not Paid Within Terms9%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202528 Jul 20254049%28%23%9%
01 Jan 2024 - 30 Jun 202416 Jul 20243943%35%22%10%
01 Jul 2023 - 31 Dec 202323 Jan 20244046%32%21%11%
01 Jul 2022 - 31 Dec 202226 Jan 20233948%31%21%10%
01 Jul 2021 - 31 Dec 202124 Jan 20224142%40%18%10%
01 Jul 2020 - 31 Dec 202018 Jan 20213753%25%22%10%
01 Jan 2020 - 30 Jun 202029 Jul 20203655%24%21%16%
01 Jan 2018 - 30 Jun 201830 Jul 20185129%32%39%29%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

William Hare Limited has standard payment terms of 60 days from end of month of invoice date. Shorter or longer payment terms are sometimes agreed dependant on the project requirements.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

William Hare Limited seeks to resolve disputes quickly. For suppliers this typically involves procurement and accounts payable departments. For subcontractors, the relevant project team would be involved. If unable to reach a resolution then the matter would be escalated to senior management.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

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.

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.

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?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

William Hare Limited is a British engineering company that specializes in the design, fabrication, and installation of steel structures for various industries, including oil and gas, power generation, and infrastructure. Founded in 1945, the company has grown to become a global leader in the steel construction industry.

The company's sustainability program, called "Sustainable Solutions," is a key aspect of their operations. It focuses on reducing their carbon footprint, promoting renewable energy, and using sustainable materials in their projects. The company also has a strong commitment to health and safety, and their sustainability initiatives have earned them recognition and awards in the industry.

William Hare Limited offers a wide range of services, including design and engineering, fabrication, and project management. They have a portfolio of impressive projects, such as the iconic Shard building in London and the Burj Khalifa in Dubai. Their products are used in various construction projects, from small bridges to large-scale industrial facilities.

The leadership team at William Hare Limited includes experienced professionals in the engineering and construction industry. The company's CEO is David Hodgkiss, who has been with the company for over 30 years. Other key people include the managing director, chief financial officer, and regional directors.

The company's website, www.hare.com, provides information about their services, projects, and sustainability initiatives. Their registered office address is at 7 Meadowbank Court, Sheffield, S9 1BT, United Kingdom. Overall, William Hare Limited is a reputable and innovative company that is committed to sustainability and providing high-quality steel structures for various industries.

Financial Metrics

Cash
£15,164,000
Net Worth
£35,440,000
Total Current Assets
£63,452,000
Total Current Liabilities
£54,985,000

Company Location