Industry ranking
| 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 May 2023 - 31 Oct 2023 | 24 Nov 2023 | 41 | 30% | 57% | 13% | 42% |
| 01 Nov 2022 - 30 Apr 2023 | 26 May 2023 | 41 | 30% | 57% | 13% | 40% |
| 01 May 2022 - 31 Oct 2022 | 29 Nov 2022 | 41 | 29% | 57% | 14% | 42% |
| 01 Nov 2021 - 30 Apr 2022 | 30 May 2022 | 43 | 27% | 57% | 16% | 44% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 44 | 26% | 59% | 15% | 49% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Suppliers of goods and services to the company are offered 45 day payment terms from receipt of 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
45
Complaints are handled in the first instance by the purchase ledger department who will refer any dispute to the employee that placed the order. That employee, involving their manager or supervisor if required, will seek to resolve the dispute with the supplier.
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
Hills Quarry Products Limited operates sand and gravel quarries as part of The Hills Group, a family owned business extracting sand and gravel and producing ready mixed concrete. The company runs quarries in Gloucestershire, Wiltshire, Oxfordshire, Hampshire and Dorset, including Woodsford Quarry, which it has worked since 2007. It has proposed extending the Woodsford site to release further mineral reserves supplying construction materials to the regional market. The company is a member of the Mineral Products Association and describes a record of restoring worked quarries for agricultural, wildlife and leisure use. It is registered at the same address as other Hills Group subsidiaries in Swindon.
Generated from the company's website and Companies House records. Sources: woodsfordquarry.co.uk · woodsfordquarry.co.uk · woodsfordquarry.co.uk