ACCORD-UK LTD
Company Information
- Company Number
- 00079585
- Registered Address
- Whiddon Valley, Barnstaple, Devon, EX32 8NS
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 30 December 1903
- Nature of Business
- 21200 - Manufacture of pharmaceutical preparations
- Industries
- Coming Soon
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
ACCORD-UK LTD's average payment time is 33 days, with 57% of invoices settled within 30 days. However, a significant 43% of payments extend beyond 30 days, including 19% that take over 60 days. This indicates a consistent pattern where a substantial portion of payments will exceed typical 30-day terms.
Volatility Analysis
Payment reliability for ACCORD-UK LTD shows moderate volatility due to the spread of payment times. While 57% pay promptly, the 24% in the 31-60 day bracket and 19% over 60 days, alongside a 14% late payment rate, introduce unpredictability. This necessitates suppliers to factor in potential cash flow fluctuations, as a considerable number of invoices may not be settled within standard terms.
Summary Analysis
ACCORD-UK LTD presents a mixed payment profile, with strong prompt payment for a majority but notable delays for a significant minority. Key decision factors for suppliers include assessing their own cash flow resilience against the risk of 19% of invoices extending beyond 60 days. To mitigate risk, consider establishing clear credit limits, negotiating shorter payment terms where possible, or offering incentives for early payment.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2025 - 30 Sept 2025 | 16 Oct 2025 | 33 | 57% | 24% | 19% | 14% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 58 | 19% | 33% | 48% | 15% |
| 01 Apr 2024 - 30 Sept 2024 | 18 Oct 2024 | 52 | 25% | 40% | 34% | 29% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 54 | 26% | 40% | 34% | 31% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 54 | 47% | 27% | 26% | 35% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 54 | 29% | 40% | 31% | 24% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 57 | 20% | 37% | 43% | 44% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 47 | 15% | 60% | 25% | 20% |
| 01 Apr 2021 - 30 Sept 2021 | 19 Oct 2021 | 42 | 22% | 56% | 22% | 29% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 48 | 17% | 63% | 20% | 17% |
| 01 Apr 2020 - 30 Sept 2020 | 22 Oct 2020 | 46 | 18% | 57% | 25% | 26% |
| 01 Oct 2019 - 31 Mar 2020 | 01 May 2020 | 47 | 15% | 61% | 24% | 26% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 46 | 12% | 65% | 23% | 24% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 44 | 18% | 61% | 21% | 29% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 47 | 25% | 55% | 20% | 24% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard payment terms are 60 days but we accept terms between payment in advance up to 90 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
The Business operates a standard 3-way match for most goods/services First attempt to settle a payment takes place in the Accounts Payable department via the 3 way match If a 3 way match is not possible the end user/receiver of the goods/services are contacted by the AP department to resolve the query - at this stage the Purchasing department may also be involved If end user or Purchasing department cannot resolve the query and manually release the payment the supplier is contacted directly and worked with to resolve the issue All disputes are aimed to be resovled within the contractual terms where possible Where goods or services are provided and the process does not require a purchase order, invoices are manually released by the end user or a manager with sufficient authority. In the case of a dispute the end user would resolve with the supplier as per the standared process Once the dispute is resolved and invoices are accepted and/or credit and new invoices received, the payment is settled Suppliers should contact the Accounts Payable department with all queries - AccountsPayableUK@accord-healthcare.com
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
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.
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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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
ACCORD-UK LTD is an active private limited company
This corporate structure means the entity operates with limited liability for its shareholders
The company was incorporated on 30 December 1903 and is registered under company number 00079585
Its registered office is located at Whiddon Valley, Barnstaple, Devon, EX32 8NS, within the South West of the UK
In the UK market, private limited companies are a common business structure that typically engage in providing a diverse range of goods or services across various industries
This legal form offers a distinct identity from its owners and limits the financial liability of shareholders to their invested capital
