G L HEARN LIMITED

PaymentCheck Score 2022
94Excellent
0.5vs last year
#509 in UK
#262 in London

Company Information

Company Number
03798877
Registered Address
Wsp House, 70 Chancery Lane, London, England, WC2A 1AF
Status
Active
Employee Count
159
Turnover
£20,302,000
EBITDA
£7,653,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 June 1999
Nature of Business
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
12 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
90%
31-60 Days
8%
After 60 Days
2%
Not Paid Within Terms10%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2022-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202229 Jul 20221290%8%2%10%
01 Jul 2021 - 31 Dec 202121 Jan 20221292%6%3%6%
01 Jan 2021 - 30 Jun 202130 Jul 20211988%7%5%9%
01 Jan 2019 - 30 Jun 201926 Jul 20192579%16%4%18%
01 Jan 2018 - 30 Jun 201826 Jul 20182177%22%1%17%

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

7 Days individuals, 14 Days Micro Business, 30 Days SME, 60 Days Large Corporate

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

The accounts payable helpdesk number and email address is printed on all correspondence to suppliers, any disputes are expected to be resolved within 30 days of the dispute being raised.

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.

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

Company Summary

G L HEARN LIMITED is a UK-based property consultancy company that offers a wide range of services including planning and development, valuation, investment, and sustainability services. The company's sustainability program focuses on reducing its carbon footprint, promoting responsible procurement and waste management, and supporting social and community initiatives.

The company's sustainable products and services include energy efficiency assessments, sustainability strategies for developments, and BREEAM (Building Research Establishment Environmental Assessment Method) certification. They also offer sustainability training and workshops for their employees and clients.

The key people at G L HEARN LIMITED include the CEO, David Jackson, and the Managing Director, John Duckworth. They also have a team of experienced and knowledgeable consultants who help clients achieve their sustainability goals.

The company's website address is www.glhearn.com, where interested parties can find more information about their services, projects, and sustainability initiatives. The registered office address is 10 New Square, London WC2A 3QG, UK.

In summary, G L HEARN LIMITED is a leading property consultancy company in the UK that not only provides top-quality services but also prioritizes sustainability in its operations. With a strong focus on reducing its environmental impact and supporting social initiatives, the company is committed to creating a better and more sustainable future.

Financial Metrics

Cash
£3,515,146
Net Worth
£6,659,172
Total Current Assets
£9,392,959
Total Current Liabilities
£3,329,885

Company Location