MILLBROOK HEALTHCARE LTD
Company Information
- Company Number
- 00833987
- Registered Address
- Nutsey Lane Calmore Ind Estate, Totton, Southampton, Hampshire, SO40 3XJ
- Status
- Active
- Employee Count
- 933
- Turnover
- £118,353,000
- EBITDA
- -£437,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 January 1965
- Nature of Business
- 86900 - Other human health activities
- Industries
- Healthcare And Wellbeing
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for Millbrook Healthcare Ltd's average time to pay invoices has remained consistent over the past three periods, with an average of 35 days. However, there has been a slight increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid between 31 and 60 days. This suggests a trend towards earlier payment of invoices.
Volatility Analysis
There is minimal volatility in Millbrook Healthcare Ltd's average time to pay invoices, as the numbers have remained consistent over the past three periods.
Summary Analysis
From July 2017 to December 2018, Millbrook Healthcare Ltd's average time to pay invoices has remained at 35 days. However, there has been a slight improvement in the percentage of invoices paid within 30 days, from 40% to 38%. The percentage of invoices paid between 31 and 60 days has also decreased, from 54% to 55%. The company has consistently had a low percentage of invoices paid later than 60 days, at 7%. The shortest standard payment period for Millbrook Healthcare Ltd has remained at 60 days.
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 2017 - 31 Dec 2017 | 25 Jan 2018 | 34 | 40% | 54% | 7% | 32% |
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 payment terms are 30 days EoM
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
75
Dispute Resolution Process
If an invoice doesn't agree to an outstanding PO, whether it be for value, quantity or non receipt they are logged on the accounts system and sent to the buying department. The turn around of invoice dispute to resolution will depend on the complexity of the query and response times from suppliers our internal departments.
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
Millbrook Healthcare Ltd is a leading provider of healthcare equipment and services in the UK. The company was founded in 1946 and has since been dedicated to improving the quality of life for individuals with disabilities and long-term health conditions.
The company's sustainability program focuses on reducing its environmental impact through various initiatives such as using eco-friendly materials, reducing waste, and promoting energy efficiency. They also work closely with their suppliers to ensure sustainable sourcing of products.
Millbrook Healthcare offers a wide range of products and services including mobility aids, pressure care equipment, and home adaptations. They also provide rehabilitation and therapy services, as well as equipment maintenance and repair.
The company is led by a team of experienced and dedicated individuals, including Chief Executive Officer Philip Cammerman and Chief Operating Officer Stuart Quin. They are committed to providing high-quality, person-centered care to their customers.
Millbrook Healthcare Ltd can be contacted through their website www.millbrook-healthcare.co.uk or by phone at 0333 200 4041. Their registered office address is Millbrook Healthcare Ltd, Unit 1, The Point Business Park, Rockingham Road, Market Harborough, Leicestershire, LE16 7QU.
In summary, Millbrook Healthcare Ltd is a sustainable and customer-focused company that provides a wide range of healthcare products and services in the UK. Their commitment to sustainability and dedication to improving the lives of individuals with disabilities make them a trusted and reliable choice for healthcare needs.
