SHELTER, THE NATIONAL CAMPAIGN FOR HOMELESS PEOPLE LIMITED

PaymentCheck Score 2023
98Excellent
vs last year
#250 in UK
#123 in London

Company Information

Company Number
01038133
Registered Address
88 Old Street, London, EC1V 9HU
Status
Active
Employee Count
1,237
Turnover
£81,331,000
EBITDA
-£70,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
13 January 1972
Nature of Business
88990 - Other social work activities without accommodation not elsewhere classified
Industries
Healthcare And Wellbeing
Region
London

Time to Pay

Average Time to Pay
10 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
96%
31-60 Days
3%
After 60 Days
1%
Not Paid Within Terms4%

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)

Company Review

Trend Analysis

SHELTER demonstrates a highly favorable payment trend, with an average payment time of just 10 days. A remarkable 96% of invoices are consistently settled within 30 days, indicating a strong trajectory of swift and efficient payment practices.

Volatility Analysis

Payment predictability is exceptionally high, with only 4% of payments classified as late, and the vast majority settled well within standard terms. The minimal percentages for payments extending beyond 30 days (3%) or 60 days (1%) signal very low volatility and robust financial reliability for suppliers.

Summary Analysis

SHELTER presents an extremely low-risk payment profile for potential suppliers, characterized by outstanding promptness and consistency. Key decision factors should prioritize their average 10-day payment time and 96% within 30 days, indicating excellent financial management. No specific risk mitigation strategies are recommended beyond standard contract terms due to their consistently strong payment performance.

Performance Reports History

Reporting Period Filed: 2023-07-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2022 - 30 Mar 202306 Jul 20231596%3%1%4%
01 Apr 2022 - 30 Sept 202206 Jul 20231596%3%1%4%
01 Oct 2021 - 30 Mar 202206 Jul 20231196%3%1%4%
01 Apr 2021 - 30 Sept 202106 Jul 20231096%3%1%4%
01 Oct 2020 - 30 Mar 202120 Jul 20213286%6%8%14%
01 Apr 2020 - 30 Sept 202027 Oct 20202089%5%6%11%
01 Oct 2019 - 31 Mar 202022 Jul 20202488%4%8%12%
01 Apr 2019 - 30 Sept 201922 Oct 20191395%3%2%5%
01 Oct 2018 - 31 Mar 201915 May 20191490%6%4%10%
01 Apr 2018 - 30 Sept 201808 Feb 20191390%6%4%10%

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

All suppliers offered the same terms of 30 days.

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

Staff raising requisitions for goods and services will be involved with dispute resolution. PO's must be receipted to allow finance to pay an invoice therefore if goods are deemed unsatisfactory the invoice will be delayed in being paid.

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

SHELTER, THE NATIONAL CAMPAIGN FOR HOMELESS PEOPLE LIMITED operates as a national campaign organisation dedicated to addressing homelessness. Structured as a private company limited by guarantee without share capital, its corporate form indicates a focus on its charitable objectives rather than commercial profit.

The organisation maintains an active status under company number 01038133, having been incorporated on 13 January 1972. Its registered office is situated at 88 Old Street, London, EC1V 9HU, establishing its operational base in London.

Companies limited by guarantee without share capital, particularly those with a national campaigning remit, typically provide services in the UK market such as public awareness initiatives, policy advocacy, and direct advice or support related to their specific cause. Their core purpose revolves around championing their mission and working towards defined social objectives.

Financial Metrics

Cash
£5,600,000
Net Worth
£22,200,000
Total Current Assets
£20,200,000
Total Current Liabilities
£8,500,000

Company Location