| 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 2019 - 31 Jan 2020 | 26 Feb 2020 | 42 | 25% | 72% | 3% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 44 | 20% | 75% | 5% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 32 | 44% | 53% | 3% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are payment on the last working day in the month following the date of 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
SHB seeks to resolve disputes by discussing them with the supplier typically involving the accounts payable team and relevant colleagues within SHB and procurement team where necessary.
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
S.H.B. Hire Limited is a company registered in England, incorporated in 1978, that now trades as Enterprise Flex-E-Rent. It provides flexible commercial vehicle hire and fleet rental services across the UK and Ireland, supplying HGVs, vans, refrigerated vehicles, minibuses, pickups and specialist vehicles such as tippers and sweepers. Customers can rent by the week, month or year, with nationwide maintenance, repair and breakdown recovery included as part of the service. It serves sectors including construction, utilities, public services, events and rail, and works with fleet managers to build customised, brandable vehicle fleets. The company operates depots across regions of the UK, including East Anglia, the Midlands, Scotland and Northern Ireland.
Generated from the company's website and Companies House records. Sources: shb.co.uk · shb.co.uk