| 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 | 28 Jan 2026 | 40 | 29% | 65% | 6% | 5% |
| 01 Jan 2025 - 30 Jun 2025 | 21 Jul 2025 | 37 | 27% | 67% | 6% | 4% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 33 | 41% | 56% | 3% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 34 | 42% | 53% | 5% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 02 Feb 2024 | 32 | 44% | 50% | 4% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 34 | 41% | 55% | 4% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 32 | 45% | 51% | 4% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 41 | 28% | 63% | 9% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 47 | 29% | 60% | 12% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 47 | 23% | 66% | 11% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 20 Jan 2021 | 49 | 29% | 58% | 13% | 12% |
| 01 Jan 2020 - 30 Jun 2020 | 20 Jul 2020 | 44 | 26% | 63% | 11% | 11% |
| 01 Jul 2019 - 31 Dec 2019 | 17 Jan 2020 | 39 | 38% | 54% | 8% | 7% |
| 01 Jan 2019 - 30 Jun 2019 | 11 Jul 2019 | 41 | 32% | 60% | 8% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 10 Jan 2019 | 46 | 28% | 60% | 12% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 06 Jul 2018 | 44 | 28% | 62% | 10% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard contractual payment terms are 60 days from the end of the month of receipt of invoice. (therefore 75 days average) In practice, our IT payment system uses invoice date rather than the receipt date, therefore paying earlier than contractually obliged in most cases. Invoices are not released for payment until fully authorised and matched to an approved purchase order. Payments can be delayed while invoice discrepancies are investigated and resolved. By exception we also pay some suppliers earlier, particularly where the supplier takes payment by Direct Debit. Our standard payment terms are not formally amended in these instances.
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
90
All invoices must be matched to an approved purchase order. If there is a variance between the invoice and the purchase order the invoice will be held until the difference is resolved. The originator of the purchase order will contact the supplier directly, by phone or email, to begin discussions to resolve the difference.
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
HOYER GAS & PETROLEUM LOGISTICS LIMITED is a leading global logistics company that specializes in the transportation and storage of gas and petroleum products. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program focuses on reducing carbon emissions, minimizing waste and promoting the use of renewable energy sources. This includes investing in a modern fleet of vehicles, using alternative fuels, and implementing efficient routing systems to reduce fuel consumption.
In terms of products and services, HOYER offers a wide range of logistics solutions for the gas and petroleum industry. This includes transportation via road, rail, and sea, as well as storage and distribution services. The company also offers specialized services such as tank cleaning and maintenance.
Some key people in the company include CEO Ortwin Nast, who has been with the company for over 30 years, and CFO Thomas Hoyer, who has extensive experience in the logistics industry.
HOYER GAS & PETROLEUM LOGISTICS LIMITED can be contacted through their website, which also provides information on their services and sustainability efforts. The company's registered office address is in London, UK, but they have a global presence with operations in over 120 countries.
In conclusion, HOYER GAS & PETROLEUM LOGISTICS LIMITED is a reputable logistics company that prioritizes sustainability and offers a wide range of services for the gas and petroleum industry. With a strong leadership team and a commitment to reducing their environmental impact, the company continues to be a leader in the industry.
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