NUFFIELD HEALTH
Company Information
- Company Number
- 00576970
- Registered Address
- Epsom Gateway, Ashley Avenue, Epsom, Surrey, KT18 5AL
- Status
- Active
- Employee Count
- 17,165
- Turnover
- £1,237,600,000
- EBITDA
- £16,700,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 14 January 1957
- Nature of Business
- 86900 - Other human health activities
- Industries
- Healthcare And Wellbeing
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for NUFFIELD HEALTH's average time to pay invoices has been consistently increasing from 2018 to 2023, with a significant jump from an average of 34 days in 2018 to 44 days in 2021. This trend suggests that the company may be facing financial difficulties, which is causing them to delay payments to suppliers.
Volatility Analysis
The volatility of NUFFIELD HEALTH's payment patterns can be seen in the fluctuations of their % Invoices paid within 30 days and % Invoices paid later than 60 days. In 2018, the company had a relatively stable payment performance, but from 2019 to 2021, there were significant changes in these percentages, indicating inconsistency in payment practices.
Summary Analysis
In the past three periods, NUFFIELD HEALTH's average time to pay invoices has consistently increased, with a significant jump of 10 days between 2018 and 2021. This increase is reflected in the % Invoices paid later than 60 days, which has also consistently increased over the three periods, reaching a high of 27% in 2020. However, there has been a slight improvement in the % Invoices paid within 30 days, which increased from 35% in 2020 to 40% in 2021. This improvement may be attributed to the company's efforts towards early payment. The % Invoices not paid within agreed terms has also increased over the three periods, indicating that the company may have faced challenges in meeting their payment obligations.
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 Jul 2024 - 31 Dec 2024 | 19 May 2025 | 24 | 71% | 16% | 13% | 32% |
| 01 Jan 2024 - 30 Jun 2024 | 19 May 2025 | 23 | 72% | 15% | 13% | 29% |
| 01 Jul 2023 - 31 Dec 2023 | 07 Mar 2024 | 21 | 73% | 16% | 11% | 24% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Oct 2023 | 23 | 70% | 18% | 12% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 24 Jan 2022 | 44 | 35% | 40% | 25% | 26% |
| 01 Jul 2020 - 31 Dec 2020 | 02 Mar 2021 | 41 | 33% | 41% | 27% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 12 Feb 2021 | 38 | 39% | 36% | 25% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 12 Feb 2021 | 36 | 39% | 40% | 21% | 18% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Aug 2019 | 34 | 41% | 42% | 17% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 10 Jun 2019 | 34 | 38% | 43% | 18% | 16% |
| 01 Jan 2018 - 30 Jun 2018 | 21 Aug 2018 | 34 | 39% | 44% | 17% | 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
Standard terms of trade are 60 days from invoice date for general suppliers, however reduced terms apply as follows: Hospital Consultants Immediate Self Employed Fitness Instructors 30 days Network of Physio providers 30 days Network of Physio providers 30 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Payment runs are made on the 6th and 20th of each month and include those invoices approved up to and including this date. This means that invoices that fall due between runs will always show as being overdue. Invoices may also show as being overdue due to them being placed on hold pending receipts of credits. • Contributory factors to overdue invoices: • Internal delays in obtaining invoices approvals • Timely receipting of goods • Invoices on hold pending credits • Timely provision of coding details • Awaiting copy invoices e.g. requested following a supplier statement reconciliation
Maximum contractual payment period agreed
60
Dispute Resolution Process
Nuffield Health has dedicated contact details provided to all suppliers within our Supplier Information Guide. Contact can be made by telephone, email or post. We look to respond to all queries, disputes or complaints around any payment disputes within 72 hours if submitted by email or post. We try to provide an immediate resolution if contact is made by telephone, though this does depend on the complexity of the issue.
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.
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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.
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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
NUFFIELD HEALTH is a leading healthcare organization in the UK that provides a wide range of health and wellbeing services to its customers. The company was founded in 1957 and has since grown to become one of the country's most trusted and respected healthcare providers.
With a strong emphasis on sustainability, NUFFIELD HEALTH is committed to reducing its environmental impact and promoting a healthy and sustainable future for all. The company has implemented various initiatives to achieve this goal, such as reducing energy consumption, using sustainable materials, and promoting recycling and waste management.
NUFFIELD HEALTH offers a variety of products and services to support the physical, mental, and emotional wellbeing of its customers. These include fitness and exercise classes, personal training, physiotherapy, nutrition advice, and mental health support. The company also operates a network of hospitals, medical clinics, and diagnostic centers, providing high-quality healthcare services to its customers.
The key people at NUFFIELD HEALTH include the CEO, Steve Gray, and the Chairman, Sir David Higgins. With their leadership and expertise, the company has continued to grow and innovate, offering the best possible care to its customers.
For more information on NUFFIELD HEALTH and its services, customers can visit their website at www.nuffieldhealth.com. The company's registered office address is Nuffield Health, Epsom Gateway, Ashley Avenue, Epsom, Surrey KT18 5AL. Overall, NUFFIELD HEALTH is a reputable and sustainable healthcare provider that is dedicated to improving the health and wellbeing of its customers.
