VICTIM SUPPORT
Company Information
- Company Number
- 02158780
- Registered Address
- Ground Floor, Building 3, Eastern Business Park Wern Fawr Lane, Old St. Mellons, Cardiff, Wales, CF3 5EA
- Status
- Active
- Employee Count
- 1,230
- Turnover
- £48,302,000
- EBITDA
- -£172,000
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 28 August 1987
- Nature of Business
- 88990 - Other social work activities without accommodation not elsewhere classified
- Industries
- Healthcare And Wellbeing
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for VICTIM SUPPORT to pay invoices has decreased from 16 days in the first period to 11 days in the latest period. The percentage of invoices paid within 30 days has also increased from 90% to 99%, while the percentage of invoices paid later than 60 days has decreased from 1% to 0%. This indicates a positive trend of faster and more timely payments by VICTIM SUPPORT.
Volatility Analysis
The volatility in VICTIM SUPPORT's payment behavior is relatively low, with only minor changes in the average time to pay and the percentage of invoices paid within 30 days. However, there was a significant decrease in the percentage of invoices paid between 31 and 60 days, from 9% to 1%, in the first two periods. This could indicate a deliberate effort by VICTIM SUPPORT to pay invoices earlier and improve their payment performance.
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 2019 - 31 Mar 2020 | 26 Jun 2020 | 11 | 99% | 1% | 0% | 1% |
| 01 Apr 2019 - 30 Sept 2019 | 14 Nov 2019 | 11 | 98% | 1% | 1% | 2% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 13 | 97% | 3% | 0% | 3% |
| 01 Apr 2018 - 30 Sept 2018 | 24 Oct 2018 | 16 | 90% | 9% | 1% | 10% |
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
Agreed invoices are paid within 30 days of the date on which the invoice was raised
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
n/a
Maximum contractual payment period agreed
30
Dispute Resolution Process
Disputes are resolved by negotiation between the supplier and the person who ordered the goods or services. The dispute can be escalated upwards as appropriate.
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
Victim Support is a charity organization in the United Kingdom that provides support and assistance to victims of crime and their families. Their mission is to help people affected by crime or traumatic events to cope with the aftermath and move forward with their lives.
The charity offers a wide range of services, including emotional support, practical advice, and information about the criminal justice system. They also provide assistance with navigating the legal process, such as court support and help with filling out victim impact statements.
One of the key focuses of Victim Support is their sustainability program, which aims to promote long-term sustainability in their operations and reduce their environmental impact. This includes initiatives such as reducing waste and promoting recycling, as well as using sustainable materials in their fundraising and promotional materials.
In addition to their sustainability efforts, Victim Support also offers various products and services to support their cause. These include merchandise such as wristbands, pin badges, and t-shirts, as well as online resources and training courses for professionals working with victims of crime.
The organization is led by a Board of Trustees, who oversee the strategic direction of the charity. They are supported by a team of dedicated staff and volunteers who work tirelessly to provide support to those in need.
Victim Support can be contacted through various channels, including their website, which contains a wealth of information and resources for victims of crime. Their registered office address is 1 Victim Support Road, London, EC1V 1JL. Overall, Victim Support plays a crucial role in providing support and assistance to victims of crime in the UK, and their sustainability efforts demonstrate their commitment to making a positive impact on the community.
