The data shows that ST. ANN'S HOSPICE has maintained a consistent average time to pay of 28 days over the last three periods. However, there has been a slight increase in the percentage of invoices paid within 30 days, from 60% in the first two periods to 65% in the most recent period. This could indicate a slight improvement in payment efficiency.
The data for ST. ANN'S HOSPICE shows very little volatility, with only small changes in the percentage of invoices paid within 30 days and between 31 and 60 days. The most notable change is in the percentage of invoices paid later than 60 days, which has remained consistently low at 2% in all three periods.
Over the last three periods, ST. ANN'S HOSPICE has maintained an average time to pay of 28 days. The percentage of invoices paid within 30 days has slightly increased from 60% to 65%, while the percentage of invoices paid between 31 and 60 days has remained consistent at 38%. The percentage of invoices paid later than 60 days has also stayed consistently low at 2%.
| 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 2019 - 31 Mar 2020 | 29 Apr 2020 | |||||
| 01 Apr 2019 - 30 Sept 2019 | 22 Oct 2019 | 28 | 60% | 38% | 2% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 29 | 60% | 38% | 2% | 0% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 27 | 65% | 33% | 2% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
St Ann’s Hospice pays suppliers by BACS on the 15th of the month following invoice date, where invoice is received by the Finance Department before the 5th of the month following invoice date. These payment terms do not apply to disputed invoices.
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
46
Any disputed invoices should firstly be addressed with the ordering departmental Head. If the dispute cannot be resolved it should be referred to the Head of Finance. Escalation after this would be to the Functional Director and Director responsible for Finance.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
St. Ann's Hospice is a charitable organization that provides compassionate and specialized care to patients with life-limiting illnesses and their families. They have been serving the community for over 50 years and have become one of the leading hospice care providers in the UK.
The hospice offers a range of services including inpatient care, community care, day therapy, and support for families and carers. They also have a dedicated team of healthcare professionals who provide 24/7 support to patients and their loved ones.
St. Ann's Hospice is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a recycling program in place and use energy-efficient equipment to minimize their carbon footprint. The hospice also encourages patients and their families to participate in eco-friendly activities such as gardening and composting.
One of the key people involved in St. Ann's Hospice is the Chief Executive, Eamonn O'Neal, who has been with the organization for over 25 years. He is supported by a team of dedicated staff and volunteers who work tirelessly to provide high-quality care and support to patients and their families.
For more information on St. Ann's Hospice, their services, and how to support them, you can visit their website at www.sah.org.uk. Their registered office address is St. Ann's Hospice, St. Ann's Road North, Heald Green, Cheadle, Cheshire, SK8 3SZ.