SPIRE HEALTHCARE LIMITED is a leading private healthcare company in the UK, providing a wide range of medical services to patients. The company was founded in 2007 and is headquartered in London, with over 35 hospitals and 10 clinics across the country. The main activities of SPIRE HEALTHCARE LIMITED include offering a variety of medical treatments such as surgery, diagnostic tests, and rehabilitation services. They also provide specialist care in areas such as orthopaedics, cardiology, and women's health. The company has a team of highly skilled and experienced medical professionals, including doctors, nurses, and therapists, who are committed to delivering high-quality care to their patients. In addition to their healthcare services, SPIRE HEALTHCARE LIMITED also has a strong focus on sustainability. They have implemented various initiatives to reduce their environmental impact, such as energy-efficient buildings, waste reduction, and responsible sourcing of products and services. The company also supports local communities through various charity partnerships and volunteer programs. SPIRE HEALTHCARE LIMITED offers a range of products and services to meet the healthcare needs of their patients. This includes private medical insurance, self-pay options, and NHS referrals. They also have a dedicated customer service team to assist patients with any questions or concerns. The key people at SPIRE HEALTHCARE LIMITED include Justin Ash, the Chief Executive Officer, and Martin Angle, the Chief Financial Officer. Both leaders have extensive experience in the healthcare industry and are committed to driving the company's growth and success. For more information about SPIRE HEALTHCARE LIMITED and their services, customers can visit their website at SPIRE HEALTHCARE LIMITED The registered office address for the company is 3 Dorset Rise, London, EC4Y 8EN, United Kingdom.
Payment Report for January 2018 to December 2023 Filed on December 2023
Average time to pay
35 daysInvoices not paid within agreed terms
53%The average time taken for SPIRE HEALTHCARE LIMITED to pay invoices has shown a general increase over the past three periods, with a significant spike in the most recent period. There has also been a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days.
The data for SPIRE HEALTHCARE LIMITED shows a high level of volatility, particularly in terms of the average time taken to pay invoices and the percentage of invoices paid within 30 days. This suggests that the company's payment practices may not be consistent.
Jan 2018 – Jun 2021:
There has been a slight decrease in the average time taken to pay invoices, from 27 days in Jan 2018 – Jun 2018 to 33 days in Jan 2021 – Jun 2021. However, there has been a significant decrease in the percentage of invoices paid within 30 days, from 82% in Jan 2018 – Jun 2018 to 45% in Jan 2021 – Jun 2021. This has been accompanied by an increase in the percentage of invoices paid later than 60 days, from 3% in Jan 2018 – Jun 2018 to 50% in Jan 2021 – Jun 2021.
Jul 2021 – Dec 2023:
The average time taken to pay invoices has shown a sharp increase, from 21 days in Jul 2021 – Dec 2021 to 36 days in Jul 2023 – Dec 2023. There has also been a decrease in the percentage of invoices paid within 30 days, from 86% in Jul 2021 – Dec 2021 to 57% in Jul 2023 – Dec 2023. The percentage of invoices paid later than 60 days has remained relatively stable, ranging from 11% to 35%.
Additional Notes:
In the most recent period (Jul 2023 – Dec 2023), SPIRE HEALTHCARE LIMITED has shown an improvement in the percentage of invoices paid within 30 days, increasing from 45% in Jan 2021 – Jun 2021 to 57% in Jul 2023 – Dec 2023. However, there is still room for improvement in terms of paying invoices on time, as 35% of invoices were still paid later than 60 days.
The worst period for SPIRE HEALTHCARE LIMITED was Jan 2020 – Jun 2020, where only 42% of invoices were paid within 30 days and 10% were paid later than 60 days. This further emphasizes the need for the company to improve their payment practices and ensure timely payment to suppliers.
01522532
3 Dorset Rise, London, EC4Y 8EN
Active
Private limited Company
15 October 1980
86101 - Hospital activities
£35,543,000.00
£90,259,000.00
£444,086,000.00
£600,374,000.00
28 days
No
N/A
60 days
The main point of contact for disputes is the Spire Healthcare Accounts Payable office in Reading. In response to a query (or dispute), the team there will check the status of the invoice and, if necessary, raise the query with the buyer at the hospital who will contact the supplier to resolve the issue.
No
No
No
No
No
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