ALTERNATIVE FUTURES GROUP LIMITED demonstrates a trend where 73% of payments are made within 30 days, indicating a strong propensity for prompt settlement. However, the average payment time of 33 days and a 27% late payment rate reveal a consistent trajectory where a notable portion of invoices exceed standard 30-day terms.
The 27% late payment rate, specifically the 17% falling into the 31-60 day bracket and 10% exceeding 60 days, introduces a notable element of payment volatility. This indicates that suppliers cannot reliably expect all invoices to be paid promptly, posing a moderate risk to cash flow predictability for a significant minority of transactions.
Overall, ALTERNATIVE FUTURES GROUP LIMITED presents a mixed payment profile; while a majority of payments are prompt, a consistent 27% are late, with 10% extending beyond 60 days. Suppliers should factor in the potential for significant payment delays when setting credit terms and pricing, necessitating robust cash flow management. It is advisable to monitor their payment performance closely and consider staggered payment schedules or partial upfront payments for larger engagements to mitigate risk effectively.
| 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 2025 - 31 Mar 2026 | 28 Apr 2026 | 34 | 72% | 18% | 10% | 28% |
| 01 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 33 | 73% | 17% | 10% | 27% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 51 | 83% | 9% | 8% | 17% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 41 | 78% | 12% | 10% | 22% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 38 | 80% | 10% | 10% | 20% |
| 01 Apr 2023 - 30 Sept 2023 | 24 Oct 2023 | 43 | 60% | 21% | 19% | 40% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 44 | 27% | 60% | 13% | 73% |
| 01 Apr 2022 - 30 Sept 2022 | 20 Oct 2022 | 46 | 49% | 39% | 12% | 51% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 46 | 36% | 47% | 17% | 64% |
| 01 Apr 2021 - 30 Sept 2021 | 27 Oct 2021 | 49 | 37% | 47% | 16% | 63% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 64 | 22% | 51% | 27% | 78% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 52 | 17% | 58% | 25% | 83% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 49 | 17% | 67% | 16% | 83% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 46 | 14% | 70% | 16% | 86% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 48 | 20% | 63% | 17% | 80% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 25 | 67% | 29% | 4% | 33% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment of invoices 30 days from date of 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
30
Contractual disputed will be resolved in accordance with JCT Intermediate Contracts standard dispute resolution methodology.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Alternative Futures Group Limited is a health and social care charity, registered in England, providing specialist support for people with a learning disability or a mental health condition, as well as related needs such as autism, acquired brain injury or physical disability. It operates across the North West, delivering support in people's own homes, its residential properties, independent hospitals and adult care homes. Services include mental health independent hospital provision and community-based, people-centred support designed to help individuals live independently within their local communities. The organisation has been operating since 1992 and works with local authorities, NHS commissioners and housing providers to deliver its services.
Generated from the company's website and Companies House records. Sources: afgroup.org.uk · afgroup.org.uk