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 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 58 | 20% | 26% | 54% | 54% |
| 01 Jul 2023 - 31 Dec 2023 | 02 Apr 2024 | 63 | 14% | 34% | 52% | 68% |
| 01 Jan 2023 - 30 Jun 2023 | 30 Jul 2024 | 59 | 20% | 33% | 47% | 52% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Mar 2023 | 64 | 15% | 33% | 52% | 68% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 55 | 25% | 34% | 41% | 50% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 52 | 24% | 44% | 32% | 44% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 45 | 35% | 35% | 30% | 45% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 41 | 45% | 33% | 22% | 31% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 45 | 28% | 53% | 19% | 75% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 44 | 39% | 40% | 21% | 41% |
| 01 Jan 2019 - 30 Jul 2019 | 30 Jul 2019 | 40 | 48% | 31% | 21% | 57% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 51 | 29% | 35% | 36% | 56% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are end of second month following (75 day average), from the date of receiving an invoice for 'goods for resale', and 60 days from date of receiving an invoice for 'goods not for resale'.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The company raises payment instructions in line with the agreed payment terms, which make no allowance for fund transmission times. The funds are available to suppliers between 1 and 3 days after the payment terms date depending upon the method of transmission. Supplier would be notified through contract negotiations, should there be any changes to their payment terms.
Maximum contractual payment period agreed
105
Where non-payment is caused by invoicing inaccuracy suppliers are immediately informed of held items through the EDI (Electronic Data Interchange) system. Once resolved, payment will be made in accordance with the terms of the contract, unless the invoice is overdue where it will be paid in the next available payment run.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Hampden Group Limited is a Northern Ireland registered company, first incorporated in 1976, that has changed its name several times, previously trading as Hampden Homecare PLC, Hampden Homes Limited and Hampden Group PLC. Companies House records list its business as retail sale of electrical household appliances in specialised stores and head office activities. Control has passed through Homebase (UK&I) Holdings Limited to Hhgl Limited, indicating the company operates as part of the Homebase corporate group rather than as an independent trading business. As of late 2024 the company entered administration, with an administrator's proposal and subsequent progress reports filed. No standalone trading website or product description was found in the evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk