Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2024 - 30 Jun 2024 | 16 Jul 2024 | 28 | 55% | 41% | 4% | 28% |
| 01 Jul 2023 - 31 Dec 2023 | 17 Jul 2024 | 29 | 61% | 33% | 6% | 27% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Sept 2019 | 23 | 77% | 19% | 4% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 16 Apr 2019 | 25 | 76% | 19% | 5% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Oct 2018 | 28 | 70% | 22% | 8% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Hill and Knowlton Ltd standard payment terms are 60 days based on receipt of a valid invoice.
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
Hill and Knowlton Limited have a defined dispute resolution process to ensure that all supplier invoices are processed as efficiently as possible. Suppliers are provided with details of the issues that may affect the processing of their invoices and assistance by providing guidance on what is to be provided on their invoices to ensure payment can be made in a timely manner. The Accounts Payable team offers suppliers support through to query resolution and can be contacted via a dedicated e-mail address or phone number. All invoices that are in query are logged and if unresolved at the time of supplier payment, details of the reasons for payment delay are communicated to the relevant suppliers.
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
Hill & Knowlton Limited is registered in London and classified under other business support services, covering management/strategy consultancy and public relations. It represents the UK entity within Hill & Knowlton, a strategic communications consultancy founded in 1927 that helps clients with reputation management, risk communication and growth strategy. Hill & Knowlton is part of Burson Group, a network of specialist communications agencies, which in turn operates under WPP. The wider group provides integrated public relations, crisis management and brand communication services across sectors and geographies, combining creative strategy with data-driven insight for corporate and brand clients worldwide.
Generated from the company's website and Companies House records. Sources: hillandknowlton.com · hillandknowlton.com