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-based investment company that specializes in infrastructure projects. The company's main objective is to provide long-term, stable and sustainable returns for its investors through a diversified portfolio of infrastructure assets.
HICL's sustainability program is focused on responsible investment, environmental sustainability, and social responsibility. The company adheres to strict environmental, social, and governance (ESG) criteria in its investment decisions and actively engages with its portfolio companies to promote sustainable practices.
The company's portfolio includes a wide range of infrastructure assets such as schools, hospitals, transportation systems, and renewable energy projects. These assets provide essential services to communities and contribute to the overall development of the economy.
HICL is led by a team of experienced professionals who have a deep understanding of the infrastructure sector. The company's Chairman, Ian Russell, has over 30 years of experience in the investment industry and is supported by a team of directors with diverse expertise.
For more information on HICL's activities, products, and services, interested parties can visit their website at www.hicl.com. The company's registered office address is at 1 King William Street, London, EC4N 7AF, United Kingdom.
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