Score of 92.1/100 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 |
|---|---|---|---|---|---|---|
| 07 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 32 | 80% | 13% | 6% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Sept 2023 | 13 | 99% | 1% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Sept 2023 | 15 | 96% | 3% | 1% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Sept 2023 | 16 | 95% | 4% | 1% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Sept 2023 | 14 | 99% | 1% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Sept 2023 | 14 | 99% | 1% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 01 Sept 2023 | 21 | 85% | 13% | 2% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 01 Sept 2023 | 29 | 68% | 18% | 15% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 01 Sept 2023 | 14 | 94% | 5% | 1% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Sept 2023 | 15 | 98% | 1% | 1% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Sept 2023 | 14 | 96% | 3% | 1% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Sept 2023 | 15 | 96% | 3% | 1% | 0% |
| 01 Jul 2017 - 31 Dec 2017 | 01 Sept 2023 | 18 | 93% | 5% | 2% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
14 days for contractors, medical consultants, and self-employed individuals; 30 days for all other invoices; 45 or 60 days on specific contracts; Or as otherwise agreed with the supplier. We aim to pay at the latest 60 days after invoice receipt if there are issues that delay payment.
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
Please refer first to the Terms and Conditions of Supply on our Purchase Orders and ensure that your invoice matches the requirements of the purchase order, and is addressed to the correct entity within the HSL group. If you are happy you have complied with these requirements, disputes and complaints should be first escalated to the Accounts Payable team at ap@tdlpathology.com The next steps would be to contact the AP Manager, the Shared Services Manager, the Director of Finance and then the CFO through our main switchboard number as shown on the website for Health Services Laboratories. We seek to resolve disputes amicably and speedily, and we are happy to refer the case to a dispute resolution service if necessary, in line with the terms on our POs.
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
HSL (FM) LLP is the registered legal entity for Health Services Laboratories (HSL), a partnership between The Doctors Laboratory, Royal Free London NHS Foundation Trust and University College London Hospitals NHS Foundation Trust. The partnership operates a medically led laboratory providing accredited pathology and diagnostic services to NHS Trusts and their patients, covering disciplines such as biochemistry, haematology, immunology, microbiology, virology, genetics and cellular pathology. It also engages in pathology research, innovation and clinical trials, and operates laboratory facilities in London, including within the Halo Building. The entity's own role is that of the partnership vehicle underpinning these NHS-facing diagnostic laboratory services rather than a separate trading operation.
Generated from the company's website and Companies House records. Sources: hslpathology.com · hslpathology.com