BOOTS HEARINGCARE LIMITED
Company Details
Registration Number
00823009
Registered Address
21 Trinity Square Llandudno Wales LL30 2RH
Company Status
Active
Employee Count
705
Turnover
£140,184,000
EBITDA
£24,780,000
Additional Information
Website
stores.bootshearingcare.com/Company Type
Private limited Company
Incorporated on
14 October 1964
Nature of Business (SIC)
86900 - Other human health activities
Industries
Healthcare products, toiletries and living aids
Region
WalesCompany Location
Financial Overview
£15,671,514
£11,729,270
Last Reporting Period
Filed
22 May 2023
Period
01 Oct 2022 - 31 Mar 2023
Payment Timing
Average Time to Pay
40 days
Payment Periods
Shortest
30 days
Longest
60 days
Max Contractual
90 days
Payment Timeline
Not Paid Within Terms
47%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Oct 2022 - 31 Mar 2023 | 22 May 2023 | 40 | 45% | 41% | 14% | 47% |
| 01 Apr 2022 - 30 Sep 2022 | 22 May 2023 | 46 | 42% | 37% | 21% | 47% |
| 01 Oct 2021 - 31 Mar 2022 | 02 Nov 2022 | 45 | 42% | 40% | 18% | 48% |
| 01 Apr 2021 - 30 Sep 2021 | 02 Nov 2022 | 33 | 53% | 39% | 8% | 42% |
| 01 Oct 2020 - 31 Mar 2021 | 06 Aug 2021 | 36 | 53% | 36% | 11% | 11% |
| 01 Apr 2020 - 30 Sep 2020 | 12 Jan 2021 | 38 | 57% | 29% | 14% | 15% |
| 01 Oct 2019 - 31 Mar 2020 | 14 Jul 2020 | 30 | 62% | 31% | 7% | 8% |
| 01 Apr 2019 - 30 Sep 2019 | 20 Nov 2019 | 31 | 55% | 36% | 9% | 11% |
| 01 Oct 2018 - 31 Mar 2019 | 15 May 2019 | 36 | 53% | 33% | 14% | 16% |
| 01 Apr 2018 - 30 Sep 2018 | 30 Apr 2019 | 42 | 47% | 38% | 15% | 17% |
Company Summary
BOOTS HEARINGCARE LIMITED is a UK-based company that specializes in providing hearing care services and products
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact
Their sustainability program includes measures such as using energy-efficient equipment, reducing waste, and promoting recycling
They also offer a range of sustainable products, such as rechargeable hearing aids, to reduce battery waste
BOOTS HEARINGCARE LIMITED offers a variety of services related to hearing care, including hearing tests, hearing aid fittings, and ongoing support for customers
They also provide free hearing screenings and consultations
The company's key people include their Managing Director, Nick Osborn, and their Director of Audiology, Sarah Wright
They have a team of highly trained audiologists and hearing care professionals to ensure the best care for their customers
For more information on their services and products, customers can visit their website at www.bootshearingcare.com
Their registered office address is Boots Hearingcare Limited, 1 Thane Road West, Nottingham, NG2 3AA, United Kingdom
In summary, BOOTS HEARINGCARE LIMITED is a reputable company that offers sustainable hearing care services and products
With a strong commitment to sustainability and a team of experienced professionals, they strive to provide the best possible care for their customers
Company Review
Trend Analysis
The average time to pay for BOOTS HEARINGCARE LIMITED has fluctuated over the past three periods, with a slight increase in the most recent period.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has decreased over the past three periods, while the volatility in the percentage of invoices paid later than 60 days has increased.
Summary Analysis
From 2018 to 2022, BOOTS HEARINGCARE LIMITED has shown a decrease in the average time to pay invoices, with the biggest change occurring between the periods of 2018-2019 and 2019-2020. The percentage of invoices paid within 30 days has also increased over the same time period, with the biggest change occurring between 2018-2019 and 2019-2020. However, there has been an increase in the percentage of invoices paid later than 60 days, with the biggest change occurring between 2020-2021 and 2021-2022. The company's shortest standard payment period has remained consistent at 30 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard terms are 60 days end of month (unless agreed otherwise). This means that payment will be made on the 60th day (or following business day should this fall on a weekend or public holiday) after the end of the month of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Our purchase orders contain contact details (email and/or telephone) for the relevant helpdesk or department to which payment queries should be directed by suppliers. All queries are managed in accordance with our internal processes and dealt with as quickly as possible.
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?
❌
