| 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 | 11 Oct 2019 | 63 | 14% | 35% | 51% | 72% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 46 | 43% | 27% | 31% | 46% |
| 01 Jan 2018 - 30 Jun 2018 | 12 Jul 2018 | 78 | 32% | 22% | 46% | 49% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 45 days end of month.
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
The employee who ordered the goods or services would attempt to resolve a dispute in the first instance, which would then be escalated to the departmental / line manager if a resolution could not be reached. Finally, escalation to the company directors would occur if resolution could still not be reached.
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
HTC Wolffkran Limited is registered in Sheffield and operates as the UK arm of Wolffkran, a manufacturer of tower cranes. Its own site describes supplying and hiring WOLFF Saddle and Luffing Jib tower cranes to construction projects across the UK, having supported UK sites for over 50 years. Customers can buy cranes directly from the manufacturer or hire from its rental fleet. Services include site visits, planning and CAD support, assembly and logistics planning, traffic management arrangements, trained lifting teams, maintenance, independent examination and real-time operating data monitoring. The company registered here is one of Wolffkran group's UK locations, providing tower crane sales, hire and associated lifting support services to construction contractors.
Generated from the company's website and Companies House records. Sources: wolffkran.com · wolffkran.com