CARE UK COMMUNITY PARTNERSHIPS LTD
Company number: 02644862
Reporting period:
1 October 2024 to 31 December 2024
Report filed on:
9 May 2025
Approved by:
Qasim Raza Israr
Payment statistics
Average time taken to pay invoices: 40 days
Invoices paid:
- within 30 days: 26%
- in 31 to 60 days: 70%
- in 61 days or more: 4%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 51%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
60 days
Standard payment terms
Care UK offers favourable supplier payment terms of a maximum of 45 days from date of receipt of invoice, with many suppliers being on payment terms of 30 days from date of receipt of invoice or less. For many years Care UK has operated a weekly payment run each Friday. Our payment run captures all approved invoices due for payment up to the Friday. This results in a proportion of invoices being paid up to 6 days passed agreed terms. For invoices not paid within the agreed terms, around 90% of these are paid within one week (or less) of the due date. Taking this into account this reduces the ‘’invoices due but not paid within agreed terms’’ statistic to 6%. We are proud to support numerous smaller suppliers and sole traders to whom we commonly offer payment terms of between 7 and 14 days. It should be noted that the financial year for the legal entity Care UK Community Partnerships Limited is moving to a January to December period with effect from 1st January 2025.
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
At Care UK we aim to resolve all queries and disputes regarding invoices and payments as quickly as possible. Disputes are directly managed by the invoice approvers with the support of a dedicated accounts payable team. The team can be contacted by email or phone Monday to Friday. The enquiries email inbox is monitored daily and is subject to a 24 hour SLA. The accounts payable team also carry out weekly chasing of unapproved or disputed invoices to assist with both paying invoices to terms and resolution of disputes.
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