PARKCARE HOMES LIMITED

PaymentCheck Score 2024
90Good
1.2vs last year
#1053 in UK
#491 in London

Company Information

Company Number
02155276
Registered Address
Fifth Floor, 80 Hammersmith Road, London, W14 8UD
Status
Active
Employee Count
358
Turnover
£19,670,000
EBITDA
£2,310,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 August 1987
Nature of Business
86900 - Other human health activities
Industries
Healthcare And Wellbeing
Region
London

Time to Pay

Average Time to Pay
22 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
95%
31-60 Days
3%
After 60 Days
2%
Not Paid Within Terms3%

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: 2025-01-29
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 202429 Jan 20252295%3%2%3%
01 Jan 2024 - 30 Jun 202429 Jul 20243285%4%11%5%
01 Jul 2023 - 31 Dec 202330 Jan 20242095%4%1%2%
01 Jan 2023 - 30 Jun 202325 Jul 20232777%17%6%18%
01 Jul 2022 - 31 Dec 202225 Jan 20233070%12%18%26%
01 Jan 2021 - 30 Jun 202128 Jul 20212083%11%6%16%
01 Jan 2020 - 30 Jun 202028 Jul 20202183%12%5%14%
01 Jul 2019 - 31 Dec 201929 Jan 20201985%12%3%13%
01 Jan 2019 - 30 Jun 201924 Jul 20192478%15%7%35%
01 Jul 2018 - 31 Dec 201828 Jan 20192768%26%6%67%
01 Jan 2018 - 30 Jun 201825 Jul 20183656%32%12%69%

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

The standard contractual length of time for the payment of invoices is established as: Shortest standard payment period is 0 days Longest standard payment period is 60 days. As an organisation we do not require or make available early settlement discounts as part of any contractual agreement.

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

No information available

Any other information about payment terms

There have been no changes to our standard payment terms however should a supplier have been newly appointed during the reporting period then our standard internal payment terms are made known on the supplier set up form as issued to the supplier for completion at the time of appointment. Additionally, from January 2019 scheduled payments to suppliers are now made four times in each calendar month, previously paid twice monthly.

Maximum contractual payment period agreed

60

Dispute Resolution Process

Disputes relating to payment are referred to the Group Accounts Payable Manager located at the Priory Group Northern Office, Middleton St George in the first instance to determine the reasons for such disputes. Thereafter follows an established process involving discussions with the supplier in question, operational teams, Group Purchasing and other central support services personnel as needed in an effort to satisfactorily resolve such disputes in a timely manner.

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

PARKCARE HOMES LIMITED is a British company that specializes in providing high-quality care services for the elderly and individuals with disabilities. The company was founded in 1995 and has since expanded to operate over 20 care homes across the UK.

PARKCARE HOMES LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. These include using energy-efficient appliances, implementing recycling programs, and promoting sustainable practices among their staff and residents.

The company offers a range of services, including residential care, nursing care, dementia care, and respite care. They also provide personalized care plans and 24-hour on-site support to ensure the well-being and comfort of their residents.

PARKCARE HOMES LIMITED has a team of dedicated and experienced professionals, including care home managers, nurses, and support staff, who are committed to providing compassionate and person-centered care.

For more information about their services and locations, interested individuals can visit their website at www.parkcarehomes.com. The company's registered office address is 8 Belgrave Place, London, SW1X 8PQ. PARKCARE HOMES LIMITED is registered with Companies House, with company number 03040141.

Financial Metrics

Cash
£24,000
Net Worth
£40,383,000
Total Current Assets
£14,743,000
Total Current Liabilities
£4,614,000

Company Location