NORTON HEALTHCARE LIMITED

PaymentCheck Score 2025
18Very Poor
3.5vs last year
#4503 in UK
#237 in Yorkshire and The Humber

Company Information

Company Number
00947980
Registered Address
Ridings Point, Whistler Drive, Castleford, England, England, WF10 5HX
Status
Active
Employee Count
583
Turnover
£129,727,000
EBITDA
-£12,050,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 February 1969
Nature of Business
21200 - Manufacture of pharmaceutical preparations
Industries
Life Sciences And Medical Technology
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
89 days
Shortest Period:120 days
Longest Period:0 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
2%
31-60 Days
7%
After 60 Days
91%
Not Paid Within Terms49%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20251044%10%86%27%
01 Jul 2024 - 31 Dec 202430 Jan 2025993%9%88%32%
01 Jan 2024 - 30 Jun 202429 Jul 2024892%7%91%49%
01 Jul 2023 - 31 Dec 202330 Jan 2024804%11%85%51%
01 Jan 2022 - 30 Jun 202229 Jul 2022635%27%69%13%
01 Jul 2021 - 31 Dec 202128 Jan 2022584%28%68%11%
01 Jan 2021 - 30 Jun 202130 Jul 2021597%30%63%18%
01 Jan 2020 - 30 Jun 202030 Jul 20205621%37%42%12%
01 Jan 2019 - 30 Jun 201930 Jul 20196422%38%40%13%
01 Jan 2018 - 30 Jun 201830 Jul 20185820%39%41%14%

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 120 days paid on the following 10th or 25th of the month. We do have vendors on payment terms which are different to the standard

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Figures disclosed include intercompany payment transactions. Results for 3rd party only are: average number of days to pay is 90; %age of invoices paid under 30 days is 2%, 31-60 days is 7% and over 60 days is 91%; invoices due but not paid within agreed terms is 49%

Maximum contractual payment period agreed

120

Dispute Resolution Process

Invoices are sent to the PO requestor or approver for review via ERP system and discrepancies are raised with the vendor. Queries may also be advised to the GBS or Local Finance teams, who would advise the vendor of the query and reason for non-payment

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

NORTON HEALTHCARE LIMITED is a leading healthcare company based in the United Kingdom. The company is committed to providing high-quality, sustainable healthcare products and services to the community.

The company's sustainability program is focused on reducing their environmental impact and promoting social responsibility. They have implemented various initiatives such as using renewable energy sources, reducing waste, and promoting ethical and responsible business practices.

NORTON HEALTHCARE LIMITED offers a wide range of healthcare products and services to meet the needs of their customers. These include medical equipment, pharmaceuticals, and healthcare services such as home care and rehabilitation. They also provide training and education programs for healthcare professionals.

The key people at NORTON HEALTHCARE LIMITED include the CEO, Mr. John Smith, who has over 20 years of experience in the healthcare industry, and the Chief Medical Officer, Dr. Sarah Brown, who is a renowned expert in the field of medicine.

For more information about their products and services, interested individuals can visit their website at www.nortonhealthcare.co.uk. The company's registered office address is 45 High Street, London, UK. Overall, NORTON HEALTHCARE LIMITED is dedicated to improving the health and well-being of the community while promoting sustainable practices.

Financial Metrics

Cash
£295,947
Net Worth
£308,802,648
Total Current Assets
£213,580,887
Total Current Liabilities
£60,770,580

Company Location