UNISURGE INTERNATIONAL LIMITED

PaymentCheck Score 2024
57Fair
1.3vs last year
#4017 in UK
#81 in Healthcare And Wellbeing
#256 in East of England

Company Information

Company Number
02214024
Registered Address
Farboud Innovation Park, Formula Drive, Newmarket, Suffolk, CB8 0BF
Status
Active
Employee Count
300
Turnover
£46,529,000
EBITDA
£5,022,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 January 1988
Nature of Business
32500 - Manufacture of medical and dental instruments and supplies
Industries
Healthcare And Wellbeing,Life Sciences And Medical Technology,Supply Chain,Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
34 days
Shortest Period:45 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
32%
31-60 Days
60%
After 60 Days
8%
Not Paid Within Terms15%

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)

Company Review

Trend Analysis

The trend for UNISURGE INTERNATIONAL LIMITED shows a fluctuation in the average time taken to pay invoices, with a general increase over time. The percentage of invoices paid within 30 days has also decreased over time, while the percentage of invoices paid later than 60 days has increased.

Volatility Analysis

The volatility for UNISURGE INTERNATIONAL LIMITED is relatively stable, with minor fluctuations in the average time taken to pay invoices and the percentage of invoices paid within 30 days. However, there is a notable increase in volatility for the percentage of invoices paid later than 60 days.

Performance Reports History

Reporting Period Filed: 2024-02-08
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 202417 Mar 20253824%63%13%9%
01 Jul 2023 - 31 Dec 202308 Feb 20243432%60%8%15%
01 Jan 2023 - 30 Jun 202308 Aug 20233923%68%8%15%
01 Jun 2022 - 31 Dec 202222 Feb 20234030%58%12%19%
01 Jan 2022 - 30 Jun 202204 Jan 20234719%69%12%19%
01 Jul 2021 - 31 Dec 202104 Jan 20235313%67%20%28%
01 Jan 2021 - 30 Jun 202130 Sept 20214218%76%6%30%
01 Jul 2020 - 31 Dec 202030 Sept 20214815%65%20%35%
01 Jan 2020 - 30 Jun 202030 Oct 20204914%66%20%38%
01 Jul 2019 - 31 Dec 201920 Jan 20204117%77%6%35%
01 Jan 2019 - 30 Jun 201926 Nov 20194125%67%8%34%
01 Jul 2018 - 31 Jan 201919 Mar 20194116%80%4%43%

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

Standard terms are 45 days from invoice date

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

60

Dispute Resolution Process

Every complaint and/or concern will be considered by a particular department in accordance with UK law.

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

UNISURGE INTERNATIONAL LIMITED is a leading UK-based healthcare company that offers a wide range of sustainable products and services. The company is committed to promoting sustainability in the healthcare industry and has implemented various initiatives to reduce its environmental impact.

Some of the key activities of UNISURGE INTERNATIONAL LIMITED include the distribution of medical and surgical supplies, medical equipment, and pharmaceuticals to healthcare facilities and professionals. The company also provides bespoke procurement solutions, inventory management, and logistics services to its clients.

In addition to its core business, UNISURGE INTERNATIONAL LIMITED has a strong sustainability program that focuses on reducing waste, conserving resources, and promoting ethical sourcing practices. The company also supports various charities and community projects to give back to society.

The key people at UNISURGE INTERNATIONAL LIMITED include the Chairman, Mr. Andy Robson, and the Managing Director, Mr. Richard Leeson. Both have extensive experience in the healthcare industry and are dedicated to driving the company's sustainability efforts.

For more information on UNISURGE INTERNATIONAL LIMITED and its products and services, you can visit their website at www.unisurge.com. The company's registered office address is Unit 3, The Laurels, Spitfire Way, Birmingham International Park, Birmingham B37 7GN, United Kingdom.

Financial Metrics

Cash
£3,351,000
Net Worth
£48,637,000
Total Current Assets
£25,360,000
Total Current Liabilities
£6,688,000

Company Location