Industry ranking
Score of 97.2/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 30 Jan 2026 | 13 | 96% | 3% | 1% | 4% |
| 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 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 31 | 75% | 11% | 14% | 25% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 29 | 67% | 24% | 10% | 33% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 31 | 73% | 20% | 7% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 27 | 74% | 21% | 5% | 26% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 25 | 77% | 18% | 4% | 23% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 29 | 73% | 19% | 8% | 27% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 28 | 73% | 20% | 7% | 27% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 26 | 74% | 20% | 6% | 26% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 25 | 79% | 17% | 4% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 16 | 78% | 16% | 6% | 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% |
This information is as reported by the business, and responses are in their own words.
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
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.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Hammerson Group Management Limited is a registered entity within the Hammerson group, classified under activities of head offices. The wider Hammerson group, trading as Hammerson, owns, manages and invests in prime retail and leisure led city destinations across the UK, France and Ireland, including flagship shopping centres such as Manchester Arndale, Brent Cross and Bullring. The group describes itself as the largest UK listed, pure play owner and manager of such destinations, integrating retail, leisure and community spaces for occupiers and visitors. This company itself functions as a management or holding entity supporting the group's operations rather than directly trading with the public.
Generated from the company's website and Companies House records. Sources: hammerson.com · hammerson.com