HEALTHCARE AT HOME LTD
Company number: 02759609
Reporting period:
1 April 2021 to 30 September 2021
Report filed on:
24 January 2022
Approved by:
John Spencer Sheridan
Payment statistics
Average time taken to pay invoices: 48 days
Invoices paid:
- within 30 days: 12%
- in 31 to 60 days: 68%
- in 61 days or more: 21%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 83%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
Answer not provided
Standard payment terms
The Company's policy is to agree appropriate terms of payment individually with suppliers and to abide by those terms based on the timely submission of satisfactory invoices. Where no specific agreement exists the Company will make payment on 30 day terms.
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
120 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner. Disputes are directed in the first instance to our Accounts Payable team for stock invoices, or the head of department that placed the order for overhead invoices. Escalation of the dispute would be directed to the Group Financial Controller and then the CFO.
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