SOMERSET CARE LIMITED

PaymentCheck Score 2024
40Poor
0.7vs last year
#4905 in UK
#110 in Healthcare And Wellbeing
#240 in South West

Company Information

Company Number
02548025
Registered Address
Acacia House, Blackbrook Park Avenue, Taunton, Somerset, TA1 2PX
Status
Active
Employee Count
2,557
Turnover
£81,285,000
EBITDA
£4,188,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
9 October 1990
Nature of Business
87900 - Other residential care activities not elsewhere classified
Industries
Healthcare And Wellbeing
Region
South West

Time to Pay

Average Time to Pay
43 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
17%
31-60 Days
74%
After 60 Days
9%
Not Paid Within Terms76%

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: 2024-04-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2023 - 31 Mar 202418 Jul 20244218%73%9%76%
01 Apr 2023 - 30 Sept 202326 Apr 20244221%70%9%73%
01 Oct 2022 - 31 Mar 202326 Apr 20244317%74%9%76%
01 Apr 2022 - 30 Sept 202216 Nov 20224512%77%11%80%
01 Oct 2021 - 31 Mar 202211 May 20224417%69%14%74%
01 Apr 2021 - 30 Sept 202116 Nov 20214320%72%8%70%
01 Oct 2020 - 31 Mar 202128 Apr 20214127%68%4%66%
01 Apr 2020 - 30 Sept 202009 Oct 20204119%75%5%57%
01 Apr 2019 - 30 Sept 201909 Oct 20193739%54%6%60%

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

30 days after invoice

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

There is no formal process for resolving disputes regarding payment; suppliers are directed to the relevant department for discussion.

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

SOMERSET CARE LIMITED is a healthcare company based in the United Kingdom. They provide a range of services and products to support the health and well-being of individuals in their community.

Their sustainability program is a key focus for the company, as they strive to reduce their environmental impact and promote sustainable practices. This includes implementing energy-efficient measures, reducing waste, and sourcing local and ethically produced products.

The company offers a variety of services, including residential care, home care, and support for individuals with disabilities. They also have a range of products available for purchase, such as mobility aids, personal care items, and medical supplies.

The key people at SOMERSET CARE LIMITED include the CEO, David J Whelan, and the Board of Directors. They are dedicated to providing high-quality care and promoting a culture of compassion and respect within the company.

For more information on their services and products, the company website is www.somersetcare.co.uk. Their registered office address is Somerset Care Limited, Unit 3, Westpark 26, Wellington, Somerset, TA21 9FH. Overall, SOMERSET CARE LIMITED is committed to promoting health and well-being while also prioritizing sustainability.

Financial Metrics

Cash
£20,585,044
Net Worth
£29,193,734
Total Current Assets
£27,221,166
Total Current Liabilities
£12,615,665

Company Location