| 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 2022 - 31 Dec 2022 | 27 Feb 2023 | 36 | 19% | 33% | 48% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 34 | 15% | 31% | 52% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 29 Apr 2022 | 35 | 14% | 24% | 62% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Apr 2022 | 39 | 13% | 33% | 54% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 39 | 15% | 27% | 58% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Sept 2020 | 40 | 15% | 23% | 62% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 40 | 17% | 38% | 46% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 35 | 16% | 29% | 55% | 2% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 43 | 17% | 29% | 54% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jul 2018 | 33 | 17% | 27% | 56% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days from the End of Month from 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
90
Invoices that do not match the original purchase order are returned to the Purchasing department to approve any pricing/quantity differences. If there is no resolution internally the purchasing department contact the supplier for correction. Queries are passed to the Purchasing department and chased from Finance weekly. Invoice queries are logged to control and monitor dispute resolution. Resolution is aimed to be resolved within seven days.
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
Hill & Smith Limited is a UK company registered for the forging, pressing and fabrication of metal products. Trading evidence shows it operates under the name Hill & Smith Infrastructure, designing and supplying vehicle restraint systems and hostile vehicle mitigation solutions for roads, construction sites, events and security perimeters. Its offering spans consultancy, project management, supply, installation and ongoing support, delivered through divisions such as Bristorm, Hardstaff Barriers and Asset VRS, covering permanent and temporary highway barriers, fencing, traffic management, access control and incursion defence systems for highways, off-highway and security clients across the UK and internationally.
Generated from the company's website and Companies House records. Sources: bristorm.com · bristorm.com