DENPLAN LIMITED

PaymentCheck Score 2024
100Excellent
vs last year
#74 in UK
#1 in Healthcare And Wellbeing
#19 in South East

Company Information

Company Number
01981238
Registered Address
Hambleden House, Waterloo Court, Andover, Hampshire, SP10 1LQ
Status
Active
Employee Count
0
Turnover
£39,657,000
EBITDA
£5,318,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 January 1986
Nature of Business
86230 - Dental practice activities
Industries
Healthcare And Wellbeing
Region
South East

Time to Pay

Average Time to Pay
2 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20252100%0%0%0%
01 Jan 2024 - 30 Jun 202430 Jul 20242100%0%0%0%
01 Jan 2023 - 30 Jun 202303 Aug 20232100%0%0%0%
01 Jul 2020 - 31 Dec 202029 Jan 20212100%0%0%0%
01 Jul 2019 - 31 Dec 201931 Jan 20201992%7%1%4%
01 Jul 2018 - 31 Dec 201828 Jan 20191687%9%4%24%
01 Jan 2018 - 30 Jun 201823 Jul 20181883%13%4%37%

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

Denplan is a member of the Simplyhealth Group of companies. Denplan's standard payment terms are 30 days from receipt of invoice. In certain cases, individual agreements are in place with suppliers which have alternative payment terms. The standard 30 day period for payment is extended by any time taken addressing invoicing queries, where an invoice is incorrect or does not contain the information required, such as a valid purchase order reference. While all terms have remained the same, from 1 January 2020 we centralised our procurement services and payments through Simplyhealth People.

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

30

Dispute Resolution Process

At Simplyhealth, our purpose is strong and clear: Improving access to healthcare. We believe that keeping and earning the trust of our customers, and suppliers, is central to this purpose. We therefore endeavour to resolve all disputes in a fair and timely manner. Suppliers may initially raise disputes by e-mailing accountspayable@simplyhealth.co.uk. Disputes are co-ordinated by Simplyhealth’s central accounts payable team. In the first instance we will resolve disputes with negotiations between the authorised representatives of the parties. Any dispute that cannot be resolved through the accounts payable team can be escalated to the Head of Finance Operations & Systems and thereafter, if still unresolved, to the Group legal team. Following resolution, invoice payments are processed on a timely 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

DENPLAN LIMITED is a UK-based company that provides dental care services and products to individuals and businesses. The company was founded in 1986 and is currently headquartered in Winchester, England.

The company's main service is their dental plan, which offers individuals and businesses a range of flexible payment options for their dental treatment. This includes preventive and restorative care, as well as cosmetic treatments.

DENPLAN LIMITED is committed to sustainability and has implemented several initiatives to reduce their environmental impact. This includes using eco-friendly materials in their products, minimizing waste, and promoting recycling within their organization.

The company also offers a range of dental products, such as toothbrushes, mouthwashes, and dental floss, which are all made from sustainable materials and are free from harmful chemicals.

The key people at DENPLAN LIMITED include its CEO, Mark Houlahan, and its Managing Director, Steve Gates. The company's registered office address is Denplan Court, Victoria Road, Winchester, Hampshire, SO23 7RG.

In addition to their dental services and products, DENPLAN LIMITED also provides educational resources and support for dental professionals through their Denplan Academy. They also have a customer support team available for any inquiries or assistance.

Overall, DENPLAN LIMITED is a reputable company that is dedicated to providing sustainable dental care solutions for individuals and businesses. Their commitment to sustainability and high-quality dental care makes them a trusted choice for many in the UK. To learn more about their services and products, visit their website at www.denplan.co.uk.

Financial Metrics

Cash
£9,973,000
Net Worth
£17,836,000
Total Current Assets
£31,072,000
Total Current Liabilities
£25,361,000

Company Location