| 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 2024 - 30 Sept 2024 | 31 Oct 2024 | 64 | 6% | 29% | 65% | 1% |
| 01 Oct 2023 - 31 Mar 2024 | 09 May 2024 | 62 | 7% | 30% | 63% | 1% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Nov 2023 | 58 | 10% | 36% | 54% | 1% |
| 01 Oct 2022 - 31 Mar 2023 | 01 May 2023 | 64 | 7% | 29% | 64% | 1% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 60 | 9% | 31% | 60% | 1% |
| 01 Oct 2021 - 31 Mar 2022 | 06 May 2022 | 65 | 6% | 27% | 67% | 1% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 67 | 5% | 21% | 74% | 1% |
| 01 Oct 2020 - 31 Mar 2021 | 04 May 2021 | 67 | 5% | 20% | 75% | 2% |
| 01 Apr 2020 - 30 Sept 2020 | 26 Oct 2020 | 67 | 5% | 22% | 74% | 2% |
| 01 Oct 2019 - 30 Mar 2020 | 24 Apr 2020 | 70 | 5% | 18% | 77% | 10% |
| 01 Apr 2019 - 30 Sept 2019 | 01 Nov 2019 | 68 | 4% | 21% | 76% | 11% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 69 | 4% | 18% | 78% | 12% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 66 | 5% | 22% | 73% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company standard payment terms are sixty days from the End of the Month of receipt of a valid invoice, but payment terms vary across the supplier population, with longer payment terms agreed with larger suppliers.
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
90
The Company will notify suppliers of any invoice disputes through Accounts Payable or Purchasing teams. Once the dispute is resolved, payment will be made in accordance with agreed terms.
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.
❌
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
Hydrasun Limited, registered in Aberdeen, provides integrated fluid transfer, power and control solutions serving hydrogen, clean energy, oil and gas, defence, marine and general industrial sectors. Its work includes fluid transfer systems, integrity and assurance services, engineering and technology development, instrumentation solutions, system installation and integration, umbilical and subsea connectors, precision manufacturing and technical training. The company also supports the energy transition through specialised hydrogen market solutions, covering project lifecycle capabilities such as refuelling station design and control panel solutions. It operates internationally and has recently expanded through acquisition. Companies House records the company under SIC code 32990, other manufacturing not elsewhere classified.
Generated from the company's website and Companies House records. Sources: hydrasun.com · hydrasun.com · hydrasun.com