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GREENBROOK HEALTHCARE (HOUNSLOW) LIMITED

Company number: 06025335

Reporting period:
1 April 2024 to 30 September 2024


This information is as reported by the business, and responses are in their own words.

This report was filed on 28 October 2024

and approved by Laurence Goldberg

Payment statistics

Average time taken to pay invoices: 35 days

Invoices paid:

  • within 30 days: 50%
  • in 31 to 60 days: 34%
  • in 61 days or more: 16%

Invoices due but not paid within agreed terms: 47%

Payment terms

Shortest standard payment periods

0 days

Longest standard payment period

45 days

Standard payment terms

Greenbrook' s standard payment terms are 30 days from date of invoice for our suppliers, with the odd supplier giving 45 day payment terms. Greenbrook also engages with self-employed healthcare professionals & GP's (SLA's) who are on agreed 12 day payment terms. We deal with suppliers to whom we offer 0-14 day payment terms. We have two payment runs a month for self-billed contractors and multiple invoice runs per month for trade payments which are managed by the Accounts Payable team.

Were there any changes to the standard payment terms in the reporting period?

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

45 days

No further comment provided

Any other information about payment terms

N/A

Dispute resolution process

Greenbrook's goal is to be transparent through clear communication and to build strong collaborative relationships with our suppliers. We communicate disputes with suppliers via e mail ( or telephone where necessary ), providing a full reconciliation and/or explanation of the issue. We endeavour to resolve these disputes in a timely manner and monitor an accounts payable inbox 8 am - 5 pm, Monday- Friday. We are also contactable via a Finance phoneline. Our aim is to resolve queries within 5 working days, with the majority answered within 2-3 days. In addition, the accounts payable team complete monthly supplier reconciliations on key suppliers and follow up on invoice approval on a daily basis.

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 Prompt 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