WELLBURN CARE HOMES LIMITED
Company Information
- Company Number
- 01965619
- Registered Address
- Tyne View House, 9 Grange Road, Newburn, Newcastle Upon Tyne, United Kingdom, NE15 8ND
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 27 November 1985
- Nature of Business
- 87300 - Residential care activities for the elderly and disabled
- Industries
- Coming Soon
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
WELLBURN CARE HOMES LIMITED exhibits a consistent payment trend, with an average payment time of 26 days and all invoices settled within 60 days. The trajectory indicates generally prompt payments, as 76% are resolved within 30 days, signifying a reliable short-term payment cycle.
Volatility Analysis
While most payments are prompt, the 24% of invoices settling between 31-60 days introduces a moderate level of variability, impacting short-term cash flow predictability for a portion of transactions. The 13% late payment rate suggests minor operational inconsistencies, but the absence of payments exceeding 60 days indicates low long-term credit risk and high reliability against severe delays.
Summary Analysis
Suppliers can generally consider WELLBURN CARE HOMES LIMITED a reliable payer with a low risk of extended delays or default, given the 26-day average and zero payments over 60 days. Key decision factors include accepting that approximately a quarter of invoices may extend into the 31-60 day bracket, which suppliers should account for in cash flow planning. For risk mitigation, suppliers may consider offering standard payment terms while closely monitoring the initial payment patterns for consistency.
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 Apr 2024 - 30 Sept 2024 | 06 Nov 2024 | 25 | 67% | 33% | 0% | 14% |
| 01 Oct 2023 - 31 Mar 2024 | 06 Nov 2024 | 26 | 70% | 30% | 0% | 14% |
| 01 Apr 2023 - 30 Sept 2023 | 06 Nov 2024 | 25 | 72% | 28% | 0% | 12% |
| 01 Oct 2022 - 31 Mar 2023 | 06 Nov 2024 | 27 | 67% | 32% | 1% | 16% |
| 01 Apr 2022 - 30 Sept 2022 | 06 Nov 2024 | 24 | 78% | 21% | 1% | 12% |
| 01 Oct 2021 - 31 Mar 2022 | 06 Nov 2024 | 26 | 72% | 28% | 0% | 16% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 26 | 76% | 24% | 0% | 13% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 27 | 68% | 27% | 5% | 8% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 32 | 63% | 32% | 5% | 5% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 39 | 33% | 57% | 10% | 8% |
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
Payment terms are negotiated on a contract by contract basis. Most common payment terms are 45 days from month end although some are agreed at 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
45
Dispute Resolution Process
All queries submitted to finance are investigated on an individual basis
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
WELLBURN CARE HOMES LIMITED is an active private limited company specialising in the operation of care homes.
Registered in the United Kingdom under company number 01965619, the company's registered office is located at Tyne View House, 9 Grange Road, Newburn, Newcastle Upon Tyne, NE15 8ND. It operates from the North East region and was incorporated on 27 November 1985.
As an operator of care homes in the UK, WELLBURN CARE HOMES LIMITED typically provides residential accommodation and personal care for elderly people, as well as specialised nursing and dementia care services. They offer support for daily living activities and often provide long-term or respite care solutions.
