WESTERN PROVIDENT ASSOCIATION LIMITED
Company Information
- Company Number
- 00475557
- Registered Address
- Rivergate House, Blackbrook Park, Taunton, Somerset, TA1 2PE
- Status
- Active
- Employee Count
- 328
- Turnover
- £130,894,000
- EBITDA
- -£17,225,000
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 1 December 1949
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Financial Services
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 19 | 85% | 11% | 4% | 18% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 20 | 87% | 8% | 5% | 19% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 21 | 86% | 9% | 5% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 20 | 83% | 12% | 5% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 17 | 90% | 7% | 3% | 16% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 18 | 91% | 5% | 4% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 05 Feb 2020 | 17 | 91% | 7% | 3% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 18 | 92% | 5% | 3% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 22 Jan 2019 | 19 | 89% | 7% | 4% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 19 | 89% | 7% | 4% | 16% |
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
Within 28 days after the end of the month in which the Seller renders to WPA a valid invoice.
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
Dispute Resolution Process
The supplier should raise any disputes with their direct WPA contact in the first instance, if none available then contact the WPA Finance team at finance@wpa.org.uk. Any disputes will be dealt with by the relevant department, with the involvement of the Chief Finance Officer where necessary.
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.
❌
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
WESTERN PROVIDENT ASSOCIATION LIMITED (WPA) is a British health insurance company that offers a range of products and services to individuals and businesses. The company was founded in 1901 and is headquartered in Taunton, Somerset.
WPA is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability team that works towards reducing carbon emissions, promoting eco-friendly practices, and supporting local communities.
The company offers a wide range of health insurance products, including individual and family plans, corporate plans for businesses, and international plans for those living or working abroad. They also offer a cash plan, which provides cashback for everyday health expenses such as dental and eye care.
WPA has a network of over 300 hospitals and 23,000 specialists, ensuring their members have access to high-quality healthcare. They also have a 24/7 GP service, allowing members to consult with a doctor via video or phone call.
The company is led by CEO Nathan Irwin, who has over 20 years of experience in the insurance industry. WPA prides itself on its excellent customer service and has won numerous awards for its products and services.
For more information on WPA and their products, individuals and businesses can visit their website at www.wpa.org.uk. The company's registered office address is WPA House, 20 Dorset Square, London, NW1 6QG.
