Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
The data for Phoenix Healthcare Distribution Limited shows a general trend of decreasing average time to pay invoices over the years, with a slight increase in the most recent period. The percentage of invoices paid within 30 days has also been consistently high, while the percentages for invoices paid between 31-60 days and later than 60 days have fluctuated. There is a noticeable increase in the percentage of invoices paid later than 60 days in the period of 2022-2023.
The data for Phoenix Healthcare Distribution Limited shows a relatively stable trend with small fluctuations in the percentages for invoices paid within 30 days and between 31-60 days. The percentage of invoices paid later than 60 days has shown more volatility, with a significant increase in the period of 2022-2023.
Between the periods of Feb 2018 - July 2018 and Feb 2022 - July 2022, there was a decrease in the average time to pay invoices from 50 to 46 days. However, in the most recent period of Feb 2023 - July 2023, there was an increase to 53 days. The percentage of invoices paid within 30 days has remained consistently high, with a slight increase from 12% in Feb 2018 - July 2018 to 23% in Aug 2020 - Jan 2021. The percentage of invoices paid between 31-60 days has fluctuated between 67% and 75%, with a peak in Aug 2021 - Jan 2022. The percentage of invoices paid later than 60 days has fluctuated between 8% and 26%, with a significant increase in Feb 2022 - July 2022. The shortest (or only) standard payment period has remained consistent at 7 days.
| 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 Aug 2025 - 31 Jan 2026 | 03 Mar 2026 | 58 | 8% | 54% | 38% | 24% |
| 01 Feb 2025 - 31 Jul 2025 | 03 Sept 2025 | 57 | 9% | 54% | 37% | 25% |
| 01 Aug 2024 - 31 Jan 2025 | 04 Mar 2025 | 60 | 6% | 52% | 42% | 27% |
| 01 Feb 2024 - 31 Jul 2024 | 29 Aug 2024 | 54 | 9% | 58% | 33% | 18% |
| 01 Aug 2023 - 31 Jan 2024 | 29 Feb 2024 | 54 | 9% | 61% | 30% | 18% |
| 01 Feb 2023 - 31 Jul 2023 | 15 Aug 2023 | 53 | 17% | 57% | 26% | 16% |
| 01 Aug 2022 - 31 Jan 2023 | 28 Feb 2023 | 52 | 13% | 61% | 26% | 20% |
| 01 Feb 2022 - 31 Jul 2022 | 31 Aug 2022 | 46 | 18% | 69% | 13% | 22% |
| 01 Aug 2021 - 31 Jan 2022 | 28 Feb 2022 | 46 | 17% | 75% | 9% | 21% |
| 01 Feb 2021 - 31 Jul 2021 | 01 Sept 2021 | 47 | 19% | 72% | 9% | 21% |
| 01 Aug 2020 - 31 Jan 2021 | 04 Mar 2021 | 45 | 23% | 69% | 8% | 32% |
| 01 Feb 2020 - 31 Jul 2020 | 26 Aug 2020 | 48 | 21% | 67% | 12% | 47% |
| 01 Aug 2019 - 31 Jan 2020 | 26 Feb 2020 | 49 | 12% | 71% | 16% | 48% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Aug 2019 | 48 | 16% | 69% | 15% | 41% |
| 01 Aug 2018 - 31 Jan 2019 | 01 Mar 2019 | 49 | 12% | 69% | 19% | 45% |
| 01 Feb 2018 - 31 Jul 2018 | 30 Aug 2018 | 50 | 12% | 68% | 20% | 45% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard contractual terms for wholesale stock is 75 days average (before 2 in 3 months due net) . Depending on the category, higher or lower standard terms may also be employed in line with industry standards for those areas.
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
92
Disputes or complaints should be communicated to the Phoenix Healthcare Distribution Limited Accounts Payable Accountant in the first instance and can be escalated to the Senior Accounts Payable Accountant or Accounts Payable Team Lead if necessary
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.
❌
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
PHOENIX Healthcare Distribution Limited, registered in Runcorn, Cheshire, wholesales pharmaceutical products and services to community pharmacists and dispensing doctors. According to its own site, this includes electronic ordering devices, loan guarantees for buying new businesses, merchandising support and shop refits. The company was incorporated in 1913 and has previously traded under the names Philip Harris (Holdings) PLC, Philip Harris Holdings PLC, Philip Harris Limited and Philip Harris Medical Limited before adopting its current name. It remains an active private limited company registered under SIC code 46460, wholesale of pharmaceutical goods, serving pharmacy and dispensing doctor customers with distribution and related support services.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · myp-i-n.co.uk