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 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 48 | 19% | 63% | 18% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 47 | 22% | 59% | 20% | 23% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 57 | 19% | 59% | 22% | 33% |
| 01 Jan 2020 - 30 Jun 2020 | 14 Jul 2020 | 55 | 18% | 54% | 28% | 42% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | 46 | 21% | 58% | 21% | 43% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 48 | 21% | 54% | 25% | 34% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 46 | 23% | 56% | 21% | 42% |
| 30 Dec 2017 - 29 Jun 2018 | 30 Jul 2018 | 57 | 17% | 50% | 33% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Depending on commercial agreement standard terms range from end of following month to end of second month following.
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
Phone call conversations to agree items in dispute.
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.
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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
SHS Sales & Marketing (GB) Limited trades as SHS Sales & Marketing and is part of the SHS Group. It describes itself as the UK's largest sales and marketing company, providing outsourced sales and marketing services to household brands, including insight-led customer sales management, commercial and client leadership, private label development, order to cash management, and logistics and distribution support. It works with major names such as Mars, Highland Spring and Nivea, running retail activations and category growth initiatives on their behalf. The company is registered in Northern Ireland and its listed SIC code covers agents involved in the sale of food, beverages and tobacco, reflecting its role in representing branded grocery and household products to retailers.
Generated from the company's website and Companies House records. Sources: shs-sales.co.uk · shs-sales.co.uk