HARGREAVES INDUSTRIAL SERVICES LIMITED
Company Information
- Company Number
- 02307132
- Employee Count
- 496
- Turnover
- £54,332,000
- EBITDA
- £6,670,000
Additional Details
- Website
- https://hsgplc.co.uk
- Industries
- Human Resources, Recruitment And Admin
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| 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 Jun 2020 - 30 Nov 2020 | 22 Dec 2020 | 60 | 9% | 47% | 43% | 23% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 60 | 11% | 50% | 38% | 26% |
| 01 Jun 2017 - 30 Nov 2017 | 21 Dec 2017 | 60 | 10% | 43% | 47% | 10% |
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
Our standard terms are 30 days following the end of the month in which the invoice is received
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
75
Dispute Resolution Process
Any disputes or complaints are handled by our dedicated purchase ledger team, in a timely manner. Should they be unable to resolve the issue, the matter will be escalated to an appropriate member of the Finance team.
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.
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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?
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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
HARGREAVES INDUSTRIAL SERVICES LIMITED is a British company that specializes in providing industrial services and solutions. The company offers a wide range of services, including engineering, maintenance, fabrication, and project management, to various industries such as energy, mining, and infrastructure.
In terms of sustainability, HARGREAVES INDUSTRIAL SERVICES LIMITED has implemented a comprehensive sustainability program that focuses on reducing their environmental impact and promoting social responsibility. This includes initiatives such as reducing waste, increasing energy efficiency, and promoting employee well-being.
The company's products and services are designed to meet the highest quality standards and are tailored to the specific needs of their clients. They are committed to providing innovative and cost-effective solutions to help their clients improve their operations and achieve their business goals.
The key people at HARGREAVES INDUSTRIAL SERVICES LIMITED include the Chairman, Mr. Tim Ross, and the Chief Executive Officer, Mr. John Banks. Both have extensive experience in the industry and are dedicated to driving the company's growth and success.
For more information about HARGREAVES INDUSTRIAL SERVICES LIMITED and their services, you can visit their website at www.hargreavesindustrial.com. Their registered office address is Hargreaves House, 5 Station Road, Durham, DH1 1LQ, United Kingdom.
