Industry ranking
The average time taken for HUNTERCOMBE PROPERTIES (FRENCHAY) LIMITED to pay invoices has remained relatively consistent over the past three periods, ranging from 37 to 40 days. However, there has been a slight increase in the percentage of invoices paid within 30 days, from 29% in the first two periods to 36% in the most recent period. This indicates a slight improvement in the company's promptness in paying invoices. On the other hand, there has been a decrease in the percentage of invoices paid between 31 and 60 days, from 68% to 61%. This suggests that the company is paying a higher proportion of invoices either within 30 days or later than 60 days.
There is not a significant amount of volatility in the data for HUNTERCOMBE PROPERTIES (FRENCHAY) LIMITED. The average time taken to pay invoices and the percentage of invoices paid within 30 days have remained relatively stable over the three periods. However, there has been some slight fluctuation in the percentage of invoices paid between 31 and 60 days and later than 60 days, with a decrease in the former and an increase in the latter in the most recent period.
| 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 2020 - 30 Jun 2020 | 30 Jul 2020 | 40 | 32% | 61% | 7% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | 37 | 36% | 61% | 3% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 06 Aug 2019 | 40 | 31% | 63% | 6% | 28% |
| 01 Jul 2018 - 31 Dec 2018 | 07 Feb 2019 | 39 | 29% | 67% | 4% | 24% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 39 | 29% | 68% | 3% | 24% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Supplier accounts are linked to payment profiles which determine when invoices become eligible for payment. Approximately 25% of the group's wider supplier accounts are payable at the end of the month following the invoice date (maximum), approximately 40% are payable 28 days after the invoice date, approximately 35% are payable 14 days after the invoice date, and < 1% are payable 7 days after the invoice date (shortest)
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
Query/dispute resolution is carried out by either the individual who initiated and placed the purchase order, or a member of the central accounts team. This can be escalated if required.
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?
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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
HUNTERCOMBE PROPERTIES (FRENCHAY) LIMITED is an active private limited company, incorporated on 12 January 2000, based in the North West region. Registered business activity: Other human health activities.
From Companies House records.