Industry ranking
| 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 | 26 Jul 2025 | 43 | 67% | 24% | 9% | 1% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 43 | 66% | 26% | 8% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 44 | 68% | 25% | 6% | 1% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 50 | 65% | 28% | 6% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 19 Jul 2023 | 46 | 65% | 27% | 7% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Jan 2023 | 47 | 62% | 29% | 8% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 49 | 59% | 34% | 6% | 1% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 49 | 58% | 36% | 6% | 1% |
| 01 Jan 1921 - 30 Jun 2021 | 21 Jul 2021 | 45 | 55% | 38% | 7% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | 52 | 51% | 39% | 10% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 49 | 50% | 44% | 6% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 51 | 57% | 39% | 4% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our most common payment term is payment at the end of the month following the month of invoice. "Monthly Account".
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Suppliers are notified by telephone of any discrepancies with our order, and confirmed by email. Typically these will comprise price queries, short deliveries and quality problems. Prompt action avoids possible escalation into a dispute. The respective Branch Manager or Director will be involved at an early stage. Payment is made in the next payment run following the agreed resolution, often still within original terms.
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.
❌
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
Hy-Ten Group Limited stocks and fabricates concrete reinforcement bar, mesh and accessories, including Bamtec slab reinforcement and HT Couplers, supplying building and civil engineering contractors across the UK, Ireland and internationally. It operates a nationwide network of manufacturing centres and depots, and also fabricates structural steelwork and general steel fabrications. The group is a major distributor of industrial welded mesh, security fencing, gabions and other land reinforcement products, and produces cold drawn coil and wire. The Hy-Ten Group is based in Richmond, Surrey, with an annual group turnover of £210 million, and traces its origins to 1958.
Generated from the company's website and Companies House records. Sources: hy-ten.co.uk · hy-ten.co.uk