| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 38 | 48% | 45% | 7% | 46% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 34 | 54% | 42% | 4% | 44% |
| 01 Jan 2024 - 30 Jun 2024 | 08 Jul 2024 | 34 | 56% | 42% | 2% | 43% |
| 01 Jul 2023 - 31 Dec 2023 | 09 Jan 2024 | 33 | 58% | 40% | 2% | 39% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Jan 2023 | 27 | 73% | 25% | 2% | 52% |
| 01 Jan 2022 - 30 Jun 2022 | 13 Jul 2022 | 27 | 71% | 27% | 2% | 51% |
| 01 Jul 2021 - 31 Dec 2021 | 17 Jan 2022 | 27 | 70% | 28% | 2% | 44% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 26 | 73% | 26% | 1% | 45% |
| 01 Jan 2019 - 30 Jun 2019 | 03 Jul 2019 | 30 | 66% | 30% | 4% | 61% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 29 | 68% | 29% | 3% | 61% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 29 | 70% | 27% | 3% | 66% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Hilti Standard payment terms are 60 days. Payment terms are agreed with suppliers as part of contract negotiations. The payment terms decision is mutually agreed between Hilti GB and the supplier and can range from 14 days to 60 days. There are zero suppliers on contracted payment terms above 60 days.
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
Hilti GB Ltd actively seeks to resolve disputes by discussing them with the relevant suppliers, involving members of our procurement and accounts payable departments and /or where necessary members of management. However, where it is not possible to reach agreement, potential dispute resolution methods (for example, mediation, adjudication, expert determination) may be used.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
HILTI (GT.BRITAIN) LIMITED is a multinational company that provides innovative tools, technology and services to the construction industry. The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes initiatives such as reducing carbon emissions, using renewable energy sources, and promoting sustainable practices in their supply chain. They also have a recycling program in place for their products to minimize waste.
HILTI offers a wide range of products and services, including power tools, measuring tools, anchoring systems, and software solutions. They also provide training and consulting services to support their customers in using their products effectively.
The key people at HILTI (GT.BRITAIN) LIMITED include Steve Jacobs, the Managing Director, and Ben Pritchard, the Head of Sustainability. They are committed to driving the company's sustainability efforts and ensuring that their products and services meet the highest environmental standards.
To contact HILTI, customers can visit their website at www.hilti.co.uk or call their customer service line at 0800 886 100. Their registered office address is located at 1 Trafford Wharf Road, Trafford Park, Manchester, M17 1BY, United Kingdom.
In summary, HILTI (GT.BRITAIN) LIMITED is a leading company in the construction industry with a strong commitment to sustainability. Through their products, services, and initiatives, they are working towards a more sustainable future for the construction sector.