BRITISH HEART FOUNDATION
Company Information
- Company Number
- 00699547
- Registered Address
- Greater London House, 4th Floor, 180 Hampstead Road, London, England, NW1 7AW
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 28 July 1961
- Nature of Business
- 86900 - Other human health activities
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
BRITISH HEART FOUNDATION demonstrates a strong trend of prompt payments, with an average payment time of 24 days. A significant majority of invoices, 84%, are settled within 30 days, indicating consistent and efficient payment processing. While a small segment extends beyond 30 days, the overall trajectory points towards reliable and quick settlements.
Volatility Analysis
Payment reliability is high, with 84% of invoices consistently settled within a standard 30-day window, making payment patterns largely predictable. A smaller portion of payments, 16%, extends beyond 30 days, with 6% taking over 60 days, introducing a minor element of variability for those specific transactions. Despite this, the explicit 'Late: 0%' data suggests no outstanding formal late payment issues or penalties, indicating low overall payment risk.
Summary Analysis
BRITISH HEART FOUNDATION is a highly favorable payment partner due to its strong record of prompt settlements, with an average of 24 days and 84% paid within 30 days. Suppliers can confidently expect timely payments, which is a key decision factor for maintaining healthy cash flow. While a small percentage may experience extended terms, the stated 'Late: 0%' indicates minimal financial risk, requiring no specific mitigation strategies beyond standard credit checks.
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 Apr 2025 - 30 Sept 2025 | 03 Nov 2025 | 24 | 84% | 10% | 6% | 0% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 22 | 85% | 9% | 6% | 17% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 23 | 85% | 9% | 6% | 16% |
| 01 Oct 2023 - 31 Mar 2024 | 03 May 2024 | 22 | 85% | 9% | 6% | 16% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 24 | 80% | 12% | 8% | 22% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 21 | 82% | 11% | 7% | 81% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 17 | 87% | 8% | 5% | 13% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 19 | 85% | 10% | 5% | 15% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 18 | 89% | 7% | 4% | 11% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 25 | 82% | 10% | 8% | 18% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 30 | 78% | 10% | 12% | 22% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 24 | 83% | 9% | 8% | 17% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 24 | 82% | 9% | 9% | 18% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 25 | 79% | 12% | 9% | 21% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 25 | 79% | 12% | 9% | 21% |
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
The BHF's standard supplier terms and conditions require the BHF to pay undisputed invoices within 30 days of the invoice date. Suppliers should only invoice the BHF when the goods or services procured have been delivered to the BHF. The BHF offers favourable payment terms for our logistics fleet service providers with invoices paid within 18 days of the invoice date. The BHF’s standard terms and conditions do not permit suppliers to use supply chain financing to factor invoices without the BHF’s written permission. Many of our suppliers do factor their invoices with our express written agreement. Full terms and conditions can be viewed on our website at https://www.bhf.org.uk/what-we-do/our-policies/supplier-terms-and-conditions
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
When the BHF receives products or services from a supplier which are not at the required standard the BHFs key contact with the supplier will advise the supplier within 5 working days and will work with the supplier to agree any possible resolution to the dispute. The key contact is normally the BHF employee who delivered the approved purchase order to the supplier. When a supplier invoice is received that does not include a valid purchase order number, or where the BHF has not recorded the receipt of the goods, or where there are issues with the invoice format or VAT charges, our accounts payable team will contact the supplier within 5 working days of the receipt of the invoice to clarify and/or resolve. The BHF’s accounts payable team can be contacted at APqueries@bhf.org.uk.
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
BRITISH HEART FOUNDATION is structured as a private company limited by guarantee without share capital, a company type typically adopted by not-for-profit organisations
Its name clearly indicates a mission focused on matters related to the heart
The organisation was incorporated on 28 July 1961 and remains active with company number 00699547
Its registered office is located at Greater London House, 4th Floor, 180 Hampstead Road, London, England, NW1 7AW, placing its base within London
As a foundation operating as a company limited by guarantee, its remit in the UK market typically involves funding medical research, offering public health information and support services, and advocating for improved health policies
Such organisations commonly undertake fundraising initiatives to support their objectives
