Industry ranking
Score of 85.67/100 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 Oct 2025 - 31 Mar 2026 | 30 Apr 2026 | 26 | 81% | 17% | 2% | 3% |
| 01 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 27 | 80% | 18% | 2% | 4% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 28 | 78% | 18% | 4% | 5% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 31 | 76% | 18% | 6% | 7% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 29 | 78% | 18% | 4% | 10% |
| 01 Apr 2023 - 30 Sept 2023 | 10 Nov 2023 | 32 | 36% | 62% | 2% | 19% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 30 | 52% | 44% | 4% | 13% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 36 | 69% | 27% | 4% | 13% |
| 01 Oct 2021 - 31 Mar 2022 | 22 Apr 2022 | 26 | 81% | 17% | 2% | 7% |
| 01 Apr 2021 - 30 Sept 2021 | 27 Oct 2021 | 30 | 81% | 16% | 3% | 9% |
| 01 Oct 2020 - 31 Mar 2021 | 23 Apr 2021 | 30 | 70% | 23% | 7% | 17% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 37 | 55% | 32% | 13% | 30% |
| 01 Oct 2019 - 31 Mar 2020 | 17 Jun 2020 | 25 | 77% | 20% | 3% | 13% |
| 01 Apr 2019 - 30 Sept 2019 | 24 Oct 2019 | 23 | 77% | 21% | 2% | 9% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 23 | 82% | 16% | 2% | 6% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 28 | 66% | 30% | 4% | 10% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Park’s of Hamilton (Coach Hirers) Limited’s payment terms vary by supplier and the product or service being provided. The Company accepts the standard credit terms of any suppliers where payment is required to be made by direct debit. Otherwise the standard payment terms of the Company are that invoices will be paid by bank transfer by the end of the month following receipt of the invoice.
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
365
The Company operates a centralised purchase ledger function which is the first point of contact in resolving payment disputes. Where that function cannot resolve the dispute directly, the matter is escalated to the appropriate branch manager to resolve. Head office management carry out regular reviews of ongoing disputes. In the interest of building good relationships with our suppliers we aim to resolve any issues in an effective and timely manner.
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
Parks of Hamilton (Coach Hirers) Limited is a Scottish company incorporated in 1979, registered under the SIC code for other passenger land transport. This points to coach hire as its core activity. The company forms part of the wider Park's Motor Group, whose own website markets new and used vehicles, aftersales services and, among its listed offerings, coach hire. As the group's coach hire entity, the company's registered role sits within this broader motor group structure rather than the group's car retail operations, which are run through other associated companies. No further detail on fleet size, routes or specific coach services is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: parks.uk.com