HILLSIDE (SHARED SERVICES) LIMITED

PaymentCheck Score 2020
82Good
New Entry
#1372 in UK
#56 in West Midlands

Company Information

Company Number
03958393
Registered Address
Bet365 House Media Way, Stoke-On-Trent, United Kingdom, ST1 5SZ
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
28 March 2000
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
17 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
94%
31-60 Days
0%
After 60 Days
6%
Not Paid Within Terms31%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-10-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Mar 2020 - 29 Sept 202029 Oct 20201294%0%6%62%
01 Oct 2019 - 29 Mar 202028 Apr 20202978%4%17%36%
01 Apr 2019 - 30 Sept 201928 Oct 20191794%0%6%31%
26 Sept 2018 - 31 Mar 201930 Apr 20191599%1%0%13%
26 Mar 2018 - 25 Sept 201818 Oct 20181697%1%2%4%

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

The Company's standard payment terms are 30 days from the date of the invoice.

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

Dispute Resolution Process

Any disputes are resolved between the Supplier and the Business in conjunction with the Finance Department. Any dispute that cannot be resolved may be referred to the Company's legal counsel.

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

HILLSIDE (SHARED SERVICES) LIMITED is an active private limited company. Its name indicates it operates as a shared services organisation, typically providing centralised support functions to a wider group of businesses.

The company was incorporated on 28 March 2000 under company number 03958393 and maintains an active status. Its registered office is located at Bet365 House Media Way, Stoke-On-Trent, United Kingdom, ST1 5SZ, and its location is noted as West Midlands.

In the UK market, organisations offering shared services typically centralise various support functions for efficiency and cost-effectiveness within a business group. These services commonly encompass human resources, information technology, finance and accounting, procurement, and administrative support.

Financial Metrics

Cash
£10,600,000
Net Worth
£8,000,000
Total Current Assets
£11,100,000
Total Current Liabilities
£3,100,000

Company Location