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 NUFFIELD HEALTH 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.
Payment Report for January 2018 to June 2023 Filed on June 2023
Average time to pay
32 daysInvoices not paid within agreed terms
19%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.
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.
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.
In 2023, NUFFIELD HEALTH's average time to pay invoices significantly decreased to 23 days, which is the shortest average time recorded in the given data. This improvement may be attributed to the company's efforts towards early payment, as seen in the increase of % Invoices paid within 30 days to 70%. However, the company still has room for improvement in reducing the % Invoices paid later than 60 days, which was at 18% in 2023. The company also had a standard payment period of 1 day in 2023, which is a good indication of their commitment towards prompt payments.
00576970
Epsom Gateway, Ashley Avenue, Epsom, Surrey, KT18 5AL
Active
Private Limited Company by guarantee without share capital use of 'Limited' exemption
14 January 1957
86900 - Other human health activities
£17,900,000.00
-£206,500,000.00
£154,100,000.00
£226,700,000.00
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
No
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
60 days
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.
No
No
No
No
No
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