ABBEYFIELD SOCIETY (THE)

PaymentCheck Score 2025
73Fair
15.4vs last year
#2247 in UK
#46 in Healthcare And Wellbeing
#106 in West Midlands

Company Information

Company Number
00574816
Registered Address
17-19 Hampton Lane, Solihull, England, B91 2QT
Status
Active
Employee Count
908
Turnover
£50,612,000
EBITDA
-£4,770,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
27 November 1956
Nature of Business
55900 - Other accommodation
87300 - Residential care activities for the elderly and disabled
Industries
Healthcare And Wellbeing
Region
West Midlands

Time to Pay

Average Time to Pay
43 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
71%
31-60 Days
16%
After 60 Days
13%
Not Paid Within Terms29%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-10-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20253972%18%10%28%
01 Oct 2023 - 31 Mar 202423 Apr 20244149%33%18%51%
01 Apr 2023 - 30 Sept 202310 Nov 20234436%49%15%64%
01 Oct 2022 - 31 Mar 202312 May 20234632%47%21%68%
01 Apr 2022 - 30 Sept 202208 Nov 2022469%67%24%91%
01 Oct 2021 - 31 Mar 202202 May 2022476%72%22%93%
01 Apr 2021 - 30 Sept 202130 Nov 2021438%77%15%92%
01 Oct 2020 - 31 Mar 202130 Nov 2021448%77%15%92%
01 Apr 2020 - 30 Sept 202030 Nov 20213758%27%15%42%
01 Oct 2019 - 31 Mar 202030 Nov 20213561%28%11%39%
01 Apr 2019 - 30 Sept 201930 Nov 20213369%21%10%31%
01 Oct 2018 - 31 Mar 201907 Oct 20193662%26%12%38%

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

Payment terms are soonest qualifying payment run 30 days from invoice date or as soon thereafter as possible in the case that invoices are sent directly to scheme.

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

30

Dispute Resolution Process

The current process for suppliers to resolve disputes is as follows: 1. To discuss with the Receipts and Payments Manager. If no resolution – 2. To discuss with the relevant business manager/budget holder. If no resolution – 3. To discuss with the Finance Director.

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

The Abbeyfield Society is a UK-based non-profit organization that provides housing, care, and support for older people. Founded in 1956, the society has over 500 houses and apartments across the country, offering a range of services to help older people live independently and with dignity.

The society's sustainability program is focused on reducing its environmental impact through various initiatives, such as energy-efficient housing, recycling, and reducing waste. They also strive to promote sustainable practices and raise awareness among their residents and staff.

The society offers a variety of products and services, including sheltered and supported housing, home care, and community activities. They also have specialized services for people with dementia and those who require end-of-life care. The society's focus is on providing a safe and comfortable home for older people, as well as promoting social interaction and a sense of community.

Some key people in the Abbeyfield Society include the Chief Executive Officer, who is responsible for the overall management of the organization, and the Board of Trustees, who are responsible for overseeing the society's strategic direction and governance.

For more information on the Abbeyfield Society, their website address is www.abbeyfield.com. Their registered office address is at St Peter's House, 1 Forster Square, Bradford, BD1 4TY. They also have regional offices and local branches across the UK, which can be found on their website.

Financial Metrics

Cash
£15,767,000
Net Worth
£133,535,000
Total Current Assets
£22,802,000
Total Current Liabilities
£8,592,000

Company Location