HAMMERSON GROUP MANAGEMENT LIMITED
Company Information
- Company Number
- 00574728
- Registered Address
- Marble Arch House, 66 Seymour Street, London, England, W1H 5BX
- Status
- Active
- Employee Count
- 129
- Turnover
- £43,013,000
- EBITDA
- -£1,293,000
Additional Details
- Website
- https://hammerson.com
- Company Type
- Private limited Company
- Incorporated On
- 26 November 1956
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 | 24 Jul 2025 | 13 | 95% | 4% | 1% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 13 | 95% | 3% | 2% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 23 | 82% | 12% | 6% | 18% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 27 | 74% | 21% | 5% | 26% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 28 | 73% | 20% | 7% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 25 | 79% | 17% | 4% | 22% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 23 | 81% | 15% | 4% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 22 | 83% | 13% | 4% | 17% |
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
Standard payment terms are 30 days following the invoice date.
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
30
Dispute Resolution Process
Landlord Process - Hammerson operates a workflow system by which all invoices are scanned and matched to a pre-approved purchase order and sent for payment to the Purchase Ledger Team. Should the invoice not contain a PO number, the document will be rejected immediately to the supplier to resubmit including one. If the invoice exceeds the value of the PO, it will be redirected to the initiator to either approve, or deal directly with the supplier to resolve the issue. Once the query is resolved the Initiator will either return the invoice to the PL team informing them a new invoice is due or will pass the invoice on for payment.
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
Hammerson Group Management Limited is a leading commercial property and real estate company based in the United Kingdom. They specialize in the development, management, and investment of retail properties such as shopping centers, outlets, and retail parks.
The company has a strong focus on sustainability and is committed to reducing their environmental impact. They have implemented various initiatives such as energy-efficient lighting, waste reduction, and sustainable building design to achieve their sustainability goals.
Hammerson Group Management Limited offers a wide range of products and services, including property development, leasing, and management. They work closely with retailers to create innovative and attractive spaces for consumers, as well as providing services such as marketing, security, and maintenance to ensure a positive shopping experience.
The key people at Hammerson Group Management Limited include CEO David Atkins, who has been with the company since 2009, and CFO James Lenton, who joined in 2018. They have a team of experienced professionals with a deep understanding of the retail and property industry.
Customers can contact Hammerson Group Management Limited through their website, which also provides information about their properties and services. The company's registered office address is at 10 Grosvenor Street, London, W1K 4BJ, United Kingdom.
In summary, Hammerson Group Management Limited is a reputable and sustainable commercial property company, offering a range of high-quality products and services. With a focus on sustainability and a strong leadership team, they continue to be a leader in the retail property industry in the UK.
