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 | 12 Jul 2024 | 62 | 5% | 40% | 55% | 26% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Jan 2024 | 62 | 6% | 42% | 52% | 28% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 64 | 5% | 38% | 57% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Jan 2023 | 64 | 5% | 36% | 59% | 35% |
| 01 Jan 2022 - 30 Jun 2022 | 12 Jul 2022 | 62 | 6% | 42% | 52% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 64 | 5% | 42% | 53% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Jul 2021 | 60 | 5% | 39% | 56% | 29% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 59 | 4% | 40% | 56% | 27% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 59 | 5% | 36% | 59% | 32% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Jan 2020 | 64 | 5% | 44% | 51% | 23% |
| 01 Jan 2019 - 30 Jun 2019 | 09 Jul 2019 | 76 | 4% | 36% | 60% | 37% |
| 01 Jul 2018 - 31 Dec 2018 | 07 Feb 2019 | 70 | 4% | 42% | 54% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 65 | 4% | 47% | 49% | 24% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
MONTH END FOLLOWING MONTH OF 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
90
Invoices are matched on receipt and disputed invoices notified to the supplier. Disputes are managed directly between the supplier and the individual who requested the goods or who also advise Accounts Payable that the invoice is in dispute and should be placed on hold. This allows Accounts Payable to provide an explanation if the supplier contacts them about payment.
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.
❌
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
Highland Spring Limited is a Scottish company registered in Perthshire, operating as part of the Highland Spring Group. Its registered activity is the manufacture of soft drinks and production of mineral and bottled waters. The group sources spring water from its Ochil Hills land and bottles it into a range including still, sparkling, flavoured still, glass and boxed water, and produces bottles designed to be recycled. The business also runs a community donation programme, supporting local charities with financial and product contributions. Group-level news covers new product launches, annual results and conservation partnerships. The entity trades under the Highland Spring name at its Blackford, Perthshire site.
Generated from the company's website and Companies House records. Sources: highland-spring.com · highland-spring.com