BRIGHT HORIZONS FAMILY SOLUTIONS LIMITED
Company Information
- Company Number
- 02328679
- Registered Address
- Britannia House, 3-5 Rushmills, Northampton, England, NN4 7YB
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 December 1988
- Nature of Business
- 85100 - Pre-primary education
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
BRIGHT HORIZONS FAMILY SOLUTIONS LIMITED generally demonstrates a trend towards timely payments, with a majority 56% settling invoices within 30 days. However, the average payment time of 33 days and the significant 39% falling into the 31-60 day category indicate a consistent proportion of payments extending beyond immediate terms.
Volatility Analysis
Payment reliability presents moderate volatility, characterized by a distinct split where 56% pay promptly but 39% extend payments to 31-60 days, impacting overall predictability. The 19% late payment rate, alongside 5% exceeding 60 days, introduces a moderate risk factor for suppliers expecting strict adherence to 30-day terms.
Summary Analysis
Overall, BRIGHT HORIZONS FAMILY SOLUTIONS LIMITED is a moderately reliable payer; suppliers should anticipate a significant portion of invoices settling within 30 days, but be prepared for nearly 40% to extend to 31-60 days. It is advisable to factor the 33-day average payment time and 19% late rate into cash flow planning, potentially mitigating risk by negotiating slightly longer payment terms or implementing a phased credit approach for new engagements.
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 Jan 2025 - 30 Jun 2025 | 06 Aug 2025 | 33 | 56% | 39% | 5% | 19% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 24 | 65% | 31% | 4% | 20% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 35 | 56% | 37% | 7% | 29% |
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
Bright Horizons Family Solutions are committed to paying all approved, valid and undisputed invoices within agreed payment terms. Our most frequently used payment terms for qualifying contracts are 30 days net of 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
Disputes can be raised by Accounts Payable, Procurement, or the cost centre owner, and are resolved via three way matching between Purchase Orders and invoices. Disputes are managed by a team of Accounts Payable Clerks, and escalated if necessary to the Accounts Payable Manager. Causes for dispute might include, but not limited to the following: - Incorrect purchase order - Invalid invoice format - Goods or Service not received - Price variances - Incorrect tax treatment
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.
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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.
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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
BRIGHT HORIZONS FAMILY SOLUTIONS LIMITED is an active private limited company
Operating under the Bright Horizons brand, it focuses on providing solutions tailored for families
The company was incorporated on 15 December 1988, holding company number 02328679
Its registered office is located at Britannia House, 3-5 Rushmills, Northampton, England, NN4 7YB, within the East Midlands region
Companies operating in the "Family Solutions" sector in the UK typically specialise in supporting families with various needs
This often encompasses services such as childcare provision, educational support, and comprehensive work-life balance programmes designed to assist parents and guardians
They aim to provide practical assistance and resources to enhance family well-being
