MORRIS CARE LIMITED

PaymentCheck Score 2023
60Fair
9.7vs last year
#3518 in UK
#75 in Healthcare And Wellbeing
#1365 in London

Company Information

Company Number
01898554
Registered Address
The Scapel, 18th Floor, 52 Lime Street, London, England, EC3M 7AF
Status
Active
Employee Count
639
Turnover
£33,404,000
EBITDA
£5,286,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 March 1985
Nature of Business
87100 - Residential nursing care facilities
87300 - Residential care activities for the elderly and disabled
Industries
Healthcare And Wellbeing
Region
London

Time to Pay

Average Time to Pay
34 days
Shortest Period:3 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
34%
31-60 Days
60%
After 60 Days
6%
Not Paid Within Terms27%

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: 2023-05-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2022 - 31 Mar 202325 May 20233434%60%6%27%
01 Apr 2022 - 30 Sept 202227 Oct 20223372%21%7%27%
01 Oct 2021 - 31 Mar 202219 May 20223370%21%9%31%
01 Apr 2021 - 30 Sept 202129 Oct 20213068%27%5%40%
01 Oct 2020 - 31 Mar 202112 May 20213670%20%9%38%
01 Apr 2019 - 30 Sept 201931 Oct 20192883%14%3%23%
01 Apr 2018 - 30 Sept 201831 Oct 20183085%11%4%18%

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

Terms are negotiated with each individual supplier. We agree payment terms and payment is made on a weekly basis for all invoices due that week.

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

45

Dispute Resolution Process

Invoices in query are investigated in collaboration with the finance department and the supplier. When resolved the invoice is paid on the next payment run.

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

MORRIS CARE LIMITED is a family-owned company that operates several care homes in the UK. They provide high-quality care and support for elderly and vulnerable individuals. Their services include residential care, nursing care, dementia care, and respite care.

The company is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have installed energy-efficient systems, use sustainable products, and have implemented recycling programs in all of their care homes.

MORRIS CARE LIMITED also offers a range of products and services to enhance the lives of their residents. These include specialized activities and therapies, such as music therapy and pet therapy, to promote physical and mental well-being. They also have a team of dedicated chefs who provide nutritious and delicious meals for the residents.

The key people behind MORRIS CARE LIMITED are the Morris family, who have been in the care industry for over 25 years. They are passionate about providing high-quality care and creating a warm and welcoming environment for their residents.

The company's website address is www.morriscare.co.uk, where interested individuals can find more information about their services, facilities, and career opportunities. Their registered office address is Morris Care Limited, Old School Gardens, Church Stretton, Shropshire, SY6 6QN.

In summary, MORRIS CARE LIMITED is a reputable care home provider that prioritizes sustainability and offers a range of services to enhance the lives of their residents. With a dedicated team and a strong commitment to quality care, they continue to be a trusted choice for families looking for a caring and supportive environment for their loved ones.

Financial Metrics

Cash
£1,790,114
Net Worth
£20,502,927
Total Current Assets
£3,537,244
Total Current Liabilities
£4,730,102

Company Location