96% of Payments Made Early – Highview Keep Supply Chain Promises
With payment times in the UK averaging between 37 and 43 days*, and some of the worst offenders working on a 60 day basis, Highview wanted to promote a payment culture with a difference…and we’ve succeeded!
Latest accounts figures have revealed that at Highview, our suppliers can expect payment within 14 days for ‘labour only’ supply, or within 30 for supply and installation services. This year, not only have we made 96% of our payments early, but with an average payment time of 5 days early.
“Our Supply Chain Commitment policy aims not only just to cultivate healthy supplier relationships and local community economic investment, but also to set an example to other contractors in the construction industry, which seems to be one of the worst affected sectors in the UK when it comes to payment terms and business cash flow.”
Terry Lake, Commercial Director
*according to research from Lloyds Bank and the SBC
Highview Roofing and Externals Limited, 36 Brook Road, Rayleigh, Essex, SS6 7XJ
01268 751 227