VOYAGE 1 LIMITED
Company Information
- Company Number
- 02215899
- Registered Address
- Voyage Care Wall Island, Birmingham Road, Lichfield, Staffordshire, WS14 0QP
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 February 1988
- Nature of Business
- 87200 - Residential care activities for learning difficulties, mental health and substance abuse88100 - Social work activities without accommodation for the elderly and disabled
- Industries
- Coming Soon
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
VOYAGE 1 LIMITED demonstrates a very strong payment trend, with an average payment time of just 18 days and 92% of invoices settled within 30 days. This indicates a consistent practice of prompt payments, suggesting a positive trajectory for future payment speed. The minimal 1% of payments extending beyond 60 days confirms a highly favorable overall payment habit.
Volatility Analysis
The payment data for VOYAGE 1 LIMITED indicates high reliability and predictability for suppliers, with 92% of invoices paid within the crucial 30-day window. The low overall late payment rate of 11% and minimal invoices extending beyond 60 days (1%) suggest very low volatility in their payment behavior. This consistency reduces risk factors for future transactions, making them a predictable client.
Summary Analysis
Overall, VOYAGE 1 LIMITED presents a highly favorable payment profile for suppliers due to their excellent average payment time and strong on-time payment record. Key decision factors include the high predictability and reliability, evidenced by 92% of payments within 30 days and only 11% being late. Suppliers can proceed with confidence, as the risk of significant payment delays is extremely low, requiring minimal specific mitigation strategies.
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 2025 - 30 Sept 2025 | 30 Oct 2025 | 18 | 92% | 7% | 1% | 11% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 19 | 89% | 11% | 0% | 14% |
| 01 Apr 2024 - 30 Sept 2024 | 01 Nov 2024 | 21 | 76% | 24% | 0% | 33% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 19 | 84% | 16% | 0% | 25% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 17 | 86% | 14% | 0% | 25% |
| 01 Oct 2022 - 31 Mar 2023 | 23 Apr 2023 | 30 | 62% | 34% | 4% | 18% |
| 01 Apr 2022 - 30 Sept 2022 | 26 Oct 2022 | 33 | 40% | 55% | 5% | 38% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 29 | 51% | 47% | 2% | 18% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 31 | 44% | 54% | 2% | 25% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 27 | 60% | 39% | 1% | 13% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 24 | 68% | 30% | 2% | 13% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 26 | 67% | 32% | 1% | 17% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 28 | 58% | 41% | 1% | 57% |
| 01 Oct 2018 - 31 Mar 2019 | 01 May 2019 | 21 | 76% | 17% | 6% | 12% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 22 | 79% | 20% | 1% | 32% |
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 30 days from invoice date
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
60
Dispute Resolution Process
We have a dedicated accounts payable team the resolve the dispute across the business
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
VOYAGE 1 LIMITED operates as an active private limited company
Its specific business operations are not detailed by its name or company type alone
The company was incorporated on 1 February 1988
Its company number is 02215899, and its registered office is located at Voyage Care Wall Island, Birmingham Road, Lichfield, Staffordshire, WS14 0QP, within the West Midlands region
Private limited companies in the UK are typically established to undertake a wide variety of commercial activities
They are able to offer a broad range of goods and services across numerous sectors to both consumers and other businesses, functioning with limited liability for their shareholders
