HILL & KNOWLTON LIMITED

PaymentCheck Score 2024
71Fair
2.0vs last year
#2876 in UK
#169 in Professional Services
#1201 in London

Company Information

Company Number
00953243
Registered Address
Rose Court 2, Southwark Bridge Road, London, England, SE1 9HS
Status
Active
Employee Count
338
Turnover
£61,439,000
EBITDA
£8,801,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 May 1969
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
29 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
61%
31-60 Days
33%
After 60 Days
6%
Not Paid Within Terms27%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202416 Jul 20242855%41%4%28%
01 Jul 2023 - 31 Dec 202317 Jul 20242961%33%6%27%

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

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

Dispute Resolution Process

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.

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

HILL & KNOWLTON LIMITED is a leading global communications consultancy based in London, UK. They offer a wide range of services including public relations, marketing, and digital communications to help their clients achieve their business goals.

The company places a strong emphasis on sustainability and has a dedicated sustainability program in place. They are committed to reducing their environmental impact, promoting diversity and inclusion, and investing in the communities they operate in.

HILL & KNOWLTON LIMITED offers a variety of products and services, including media relations, crisis management, and brand building. They have a team of experienced professionals who work with clients across various industries such as healthcare, technology, and consumer goods.

Some key people at HILL & KNOWLTON LIMITED include Richard Millar, the CEO, and Lisa Kimmel, the Global President. They have a team of over 2,000 employees worldwide, each bringing their unique expertise and perspectives to the company.

To get in touch with HILL & KNOWLTON LIMITED, you can visit their website at www.hillandknowlton.co.uk. Their registered office address is 20 Soho Square, London, W1D 3QW, United Kingdom. Overall, HILL & KNOWLTON LIMITED is a reputable and sustainable company that provides top-notch communication services to their clients.

Financial Metrics

Cash
£0
Net Worth
£48,640,000
Total Current Assets
£79,798,000
Total Current Liabilities
£23,126,000

Company Location