| 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 2018 - 31 Dec 2018 | 14 Mar 2019 | 36 | 37% | 54% | 9% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 12 Oct 2018 | 43 | 31% | 49% | 20% | 0% |
| 01 Jan 2017 - 31 Dec 2017 | 12 Oct 2018 | 43 | 31% | 49% | 20% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
In the absence of any dispute and unless otherwise specified, invoices shall be paid within 30 days end of month.
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
In the case of any disputes related to payment, the supplier can contact the accounts payable department directly on 0113 2486633 or alternatively write to Accounts Payable, Hesco Bastion Limited, Unit 41 Knowsthorpe Way, Cross Green Industrial Estate, Leeds LS9 0SW.
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
Hesco Bastion Limited is a UK company that designs and manufactures earth-filled defensive barriers and protective structures, sold under the HESCO brand. Its products include military force-protection barriers, flood defence barriers, blast and ballistic protective structures, perimeter security barriers and shelters such as sangars and accommodation bunkers, used by military, government and civilian organisations worldwide. The company traces its origins to the 1991 invention of the Concertainer barrier system. It forms part of the Praesidiad group, which brings together security, defence and protection brands including Betafence. Hesco Bastion Limited operates from Leeds and is registered with Companies House under SIC code 25990, manufacture of other fabricated metal products.
Generated from the company's website and Companies House records. Sources: hesco.com · hesco.com · hesco.com