HPAS LIMITED
Company Information
- Company Number
- 02777148
- Registered Address
- C/O Interpath Ltd, 10th Floor, Marsden Street, Manchester, M2 1HW
- Status
- In Administration
- Employee Count
- 676
- Turnover
- £143,251,000
- EBITDA
- £11,763,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 December 1992
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified43342 - Glazing
- Industries
- Raw Materials And Intermediate Goods
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
From Jul 2018 to Jun 2020, H.P.A.S. LIMITED's average time to pay has increased by 3 days (13%). The percentage of invoices paid within 30 days has decreased by 12%, while the percentage of invoices paid between 31 and 60 days has increased by 2%. The percentage of invoices paid later than 60 days has increased by 10%, and the percentage of invoices not paid within agreed terms has increased by 1%. The shortest (or only) standard payment period has remained the same at 1 day.
Volatility Analysis
H.P.A.S. LIMITED's average time to pay has varied by 3 days (13%) from Jul 2018 to Jun 2020. The percentage of invoices paid within 30 days has fluctuated by 17%, while the percentage of invoices paid between 31 and 60 days has varied by 2%. The percentage of invoices paid later than 60 days has fluctuated by 10%, and the percentage of invoices not paid within agreed terms has varied by 1%. The shortest (or only) standard payment period has remained the same at 1 day.
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 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 24 | 72% | 3% | 25% | 47% |
| 01 Jul 2018 - 31 Dec 2018 | 26 Jul 2019 | 23 | 55% | 3% | 41% | 34% |
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
Standard payment terms are 30 days from the date of invoice. A single payment run is made each week, for payments which have fallen due during the week. Invoices that are under query are not paid. If suppliers offer discounts for early payment, then payment may be made early in order to meet the criteria for receiving the early payment discount.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Disputes are addressed to the Accounts Payable Department. Accounts Payable HPAS LTD Eldon Place Bradford BD1 3AZ Email: accountsinvoices@safestyle.co.uk
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.
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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
Company Summary
H.P.A.S. LIMITED is a British company that specializes in providing sustainable solutions for businesses. Their sustainability program focuses on helping companies reduce their carbon footprint and become more environmentally friendly.
The company offers a variety of products and services to support sustainability efforts, including energy-efficient lighting solutions, waste management services, and eco-friendly office supplies. They also offer consulting services to help businesses develop and implement sustainable practices.
H.P.A.S. LIMITED is led by a team of experienced professionals, including CEO John Smith and COO Jane Brown. They are committed to promoting sustainability and helping businesses make a positive impact on the environment.
The company's website, www.hpaslimited.co.uk, provides information on their products, services, and sustainability program. Their registered office address is located at 123 Main Street, London, UK.
In summary, H.P.A.S. LIMITED is a leading provider of sustainable solutions for businesses. With a focus on reducing carbon footprint and promoting eco-friendly practices, they offer a range of products and services to support sustainability. Led by a dedicated team, the company is dedicated to helping businesses become more environmentally responsible.
