HCA INTERNATIONAL LIMITED
Company number: 03020522
Reporting period:
1 January 2024 to 30 June 2024
Report filed on:
29 October 2024
Approved by:
Cynthia Sightes
Payment statistics
Average time taken to pay invoices: 42 days
Invoices paid:
- within 30 days: 81%
- in 31 to 60 days: 9%
- in 61 days or more: 9%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 21%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
30 days
Standard payment terms
The Company’s standard contractual payment terms for goods and services is 30 days. For certain vendor types such as consultants, shorter payment terms may be observed.
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
N/A
Any other information about payment terms
N/A
Dispute resolution process
Invoice disputes are managed by HCA Healthcare UK Division Supply Chain in conjunction with our operational stakeholders. Company policy requires supplier invoices must have adequate detail of the goods and/or services received to be approved by an authorised employee. Disputes around invoice detail are initially managed by colleagues who purchased the goods and/or services; disputes around unpaid invoices are managed by Accounts Payable. Disputes are escalated as appropriate to company management.
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