NOTTINGHAM REHAB LIMITED
Company Information
- Company Number
- 01948041
- Registered Address
- 16th Floor 1 Westfield Avenue, Stratford, E20 1HZ
- Status
- Liquidation
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 18 September 1985
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time of 42 days, with only 43% paying within 30 days, indicates a consistent trend where payments frequently extend beyond standard 30-day terms. The significant 41% paying within 31-60 days suggests a trajectory towards payments settling in the extended-but-still-manageable window.
Volatility Analysis
With 40% of payments classified as late and 16% extending beyond 60 days, there is a moderate degree of unpredictability and risk regarding payment receipt. Suppliers should anticipate that a notable portion of invoices will not adhere to prompt payment schedules, impacting cash flow predictability.
Summary Analysis
Suppliers engaging with NOTTINGHAM REHAB LIMITED should expect an average payment cycle of 42 days, with a significant risk (40%) of late payments and 16% extending beyond 60 days. To mitigate this, consider implementing shorter credit terms, requesting upfront deposits, or factoring in a buffer for potential cash flow delays when making operational decisions.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 42 | 43% | 41% | 16% | 40% |
| 01 Apr 2022 - 30 Sept 2022 | 21 Dec 2022 | 35 | 51% | 36% | 13% | 52% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 35 | 50% | 37% | 13% | 40% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 29 | 74% | 19% | 7% | 22% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 39 | 55% | 34% | 11% | 27% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 41 | 36% | 43% | 21% | 51% |
| 01 Oct 2019 - 31 Mar 2020 | 22 Apr 2020 | 40 | 39% | 44% | 17% | 45% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 40 | 30% | 51% | 19% | 50% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 38 | 37% | 48% | 15% | 33% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 51 | 34% | 39% | 27% | 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
30 DAYS FROM DATE OF INVOICE, SOME KEY SUPPLIERS ARE 60 DAYS FROM DATE OF INVOICE
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
90
Dispute Resolution Process
Complaints regarding non-payment of invoices are handled by the accounts payable team, who will confirm that the invoice has been received, recently paid, is due for payment or on hold. If this does not resolve the query and/or the invoice is not available for payment (on hold), they will follow one of the following resolution routes. (a) Invoices relating to stock purchases are compared to the purchase order. Where values do not match, they are placed on hold for our purchasing team to query with the supplier. Once the issue is resolved and a document to correct the difference is received, the invoices(s) will be cleared for payment. (b) Invoices relating to non-stock items require approval from the requestor prior to being made available for payment. The requestor will deal directly with the supplier when discrepancies arise. Once any issues are resolved, the invoice(s) will be passed for 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
Nottingham Rehab Limited is a private limited company that provides rehabilitation services.
Incorporated on 18 September 1985, the company is identified by company number 01948041. Its registered office is located at 16th Floor 1 Westfield Avenue, Stratford, E20 1HZ, with its broader operational location noted as Other.
The company is currently in liquidation.
Companies offering rehabilitation services in the UK market typically provide a range of support aimed at restoring health and functional ability. This can include physiotherapy, occupational therapy, speech and language therapy, and psychological support for individuals recovering from illness, injury, or disability.
