RAMSAY HEALTH CARE UK OPERATIONS LIMITED

PaymentCheck Score 2022
59Fair
25.8vs last year
#3565 in UK
#74 in Healthcare And Wellbeing
#1353 in London

Company Information

Company Number
01532937
Registered Address
Level 18, Tower 42 25 Old Broad Street, London, EC2N 1HQ
Status
Active
Employee Count
6,282
Turnover
£609,153,000
EBITDA
£90,854,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 December 1980
Nature of Business
86101 - Hospital activities
Industries
Healthcare And Wellbeing
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
43%
31-60 Days
55%
After 60 Days
2%
Not Paid Within Terms70%

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: 2023-07-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202223 Jan 20233145%53%2%64%
01 Jul 2021 - 31 Dec 202129 Jan 20222866%26%8%39%
01 Jan 2021 - 30 Jun 202131 Jul 20211494%5%1%7%
01 Jul 2019 - 31 Dec 201927 Jan 20202677%21%2%29%
01 Jan 2019 - 30 Jun 201924 Jul 20192768%30%2%36%
01 Jan 2018 - 30 Jun 201831 Jul 20182771%27%2%33%

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 contract terms for goods and services for health care suppliers is 30 days

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

No information available

Any other information about payment terms

na

Maximum contractual payment period agreed

30

Dispute Resolution Process

The main point of contact for disputes is Ramsay Healthcare Accounts Payable Team based in Bedford. When an invoice is in dispute the supplier will either call or email direct the site where the service was delivered or the Accounts payable Team. to resolve the dispute the supplier is required to provide any missing information or send an amended invoice. Ramsay Healthcare operate a strictly no purchase order no payment policy on clinical suppliers.

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

RAMSAY HEALTH CARE UK OPERATIONS LIMITED is a leading healthcare provider in the UK, offering a wide range of medical services to patients. With a focus on sustainability, the company strives to provide high-quality healthcare services while minimizing its impact on the environment.

The company operates over 36 hospitals and day surgery facilities across the UK, providing services such as surgery, diagnostic imaging, and rehabilitation. They also offer a range of specialized services, including mental health care, fertility treatments, and cosmetic surgery.

RAMSAY HEALTH CARE UK OPERATIONS LIMITED has a strong commitment to sustainability and has implemented various initiatives to reduce its carbon footprint. These include energy-efficient building designs, waste management programs, and promoting sustainable practices among its staff and patients.

The key people at RAMSAY HEALTH CARE UK OPERATIONS LIMITED include Craig McNally, the CEO, and Angela Gilbert, the Managing Director. They lead a team of dedicated healthcare professionals who are committed to providing the highest standard of care to patients.

For more information on their services, sustainability program, and locations, visit their website at www.ramsayhealth.co.uk. The registered office address for RAMSAY HEALTH CARE UK OPERATIONS LIMITED is 3rd Floor, 3 Fitzhardinge Street, London, W1H 6EF.

Financial Metrics

Cash
£17,936,000
Net Worth
-£12,891,000
Total Current Assets
£313,075,000
Total Current Liabilities
£195,642,000

Company Location