COMMUNITY HEALTH AND EYECARE LIMITED
Company number: 07296068
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
30 January 2026
Approved by:
Charles Timothy Knockton
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 45 days
Total value paid:
- within 30 days: £6,366,216 (40%)
- in 31 to 60 days: £7,187,955 (45%)
- in 61 days or more: £2,500,158 (16%)
Invoices paid:
- within 30 days: 35%
- in 31 to 60 days: 54%
- in 61 days or more: 11%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £5,141,196
- payments due in the reporting period which have not been paid within the agreed period: 22%
- not made in the reporting period due to a dispute: 1%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
60 days
Standard payment terms
Community Health & Eyecare (CHEC) standard payment terms are 30day EOM. Any credits due to CHEC will be offset against the next available payment. Terms may vary in accordance with individual agreements made with suppliers
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
CHEC operates a weekly payment run which captures all invoices that are due when payment is processed. A number of suppliers however are on net payment days which means that a number of invoices could fall due post this payment date run and before the next one. These are captured on the next available payment run, which is verbally agreed with suppliers and are deemed not to be late
Any other information about payment terms
No further comment provided
Dispute resolution process
Community Health & Eyecare Ltd (CHEC) is committed to maintaining fair and timely relationships with its suppliers, ensuring that any disputes are resolved promptly and transparently. Suppliers will issue credit notes when required.
While this may result in a technical late payment, resolution is agreed with the supplier and payment is made in the next available run. Disputes are managed by our Procurement and Accounts Payable teams, who work diligently to address and resolve any outstanding concerns.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No