Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 96.48/100 qualifies for PaymentCheck Certification
| 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 Apr 2025 - 31 Mar 2026 | 11 May 2026 | 11 | 98% | 2% | 0% | 2% |
| 01 Apr 2025 - 30 Sept 2025 | 28 Oct 2025 | 9 | 97% | 3% | 0% | 3% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 21 | 88% | 4% | 8% | 12% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 15 | 92% | 6% | 2% | 8% |
| 01 Oct 2023 - 31 Mar 2024 | 16 Aug 2024 | 16 | 93% | 5% | 2% | 7% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 33 | 97% | 3% | 0% | 3% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 21 | 68% | 32% | 0% | 32% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 22 | 74% | 26% | 0% | 26% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 19 | 80% | 13% | 5% | 18% |
| 01 Apr 2021 - 30 Sept 2021 | 16 Dec 2021 | 19 | 85% | 8% | 7% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company’s standard contractual payment terms are typically 30 days from receipt of a valid invoice. The Company aims to settle invoices within these agreed terms, provided that invoices are submitted accurately and in a timely manner. While 30 days is the standard, variations may be agreed on a case-by-case basis depending on the nature of the services provided. The Company seeks to maintain transparent, fair, and professional relationships with its suppliers and endeavours to comply with agreed payment terms at all times.
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
30
The Company seeks to resolve any payment disputes promptly through open communication with the supplier, with the aim of reaching an agreed resolution. Where a resolution cannot be achieved at an operational level, the matter is escalated to senior management for further review and resolution.
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
HICL Infrastructure PLC is a UK-listed investment company that offers investors access to a diversified portfolio of privately held core infrastructure assets, spanning transport, utilities, social infrastructure and communications. Listed on the London Stock Exchange since 2006 and a FTSE 250 constituent, it holds equity interests in over 100 infrastructure assets, including examples such as Affinity Water, London St. Pancras Highspeed and Southmead Hospital. The company is registered as an investment company under the Companies Act 2006 and is externally managed, with its portfolio and risk management delegated to an appointed investment manager. Its stated aim is to deliver income and capital growth to shareholders through active management and periodic rotation of its infrastructure holdings.
Generated from the company's website and Companies House records. Sources: hicl.com · hicl.com