VOYAGE 2 UNLIMITED
Company Information
- Company Number
- 02689231
- 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 unlimited company
- Incorporated On
- 14 February 1992
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
VOYAGE 2 UNLIMITED exhibits a consistent payment pattern where a majority (51%) of invoices are settled between 31 and 60 days, despite reporting a 30-day average. Only 47% of payments are made within 30 days, indicating a routine tendency for payments to extend slightly beyond standard terms. This suggests a stable, albeit elongated, payment cycle with minimal incidence of payments exceeding 60 days (2%).
Volatility Analysis
Payment reliability for a 30-day term is moderate, as only slightly less than half of payments are made within that window. The high concentration (51%) in the 31-60 day bracket makes payment timing largely predictable within a 60-day window (98% total). However, a distinct risk factor is the 18% of invoices classified as "late," which may indicate a need for follow-up or a higher likelihood of problematic delays.
Summary Analysis
Suppliers should anticipate VOYAGE 2 UNLIMITED's payments to reliably fall within a 60-day window, with a high probability (51%) of exceeding 30 days. Key decision factors include adjusting cash flow expectations for extended payment cycles and preparing for a moderate incidence (18%) of formally late payments. Mitigation strategies could involve negotiating Net 45 or Net 60 terms, or establishing clear protocols for overdue invoice follow-up.
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 2022 - 30 Sept 2022 | 26 Oct 2022 | 34 | 39% | 57% | 4% | 29% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Oct 2022 | 30 | 47% | 51% | 2% | 18% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 34 | 38% | 59% | 3% | 23% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 28 | 52% | 48% | 0% | 19% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 25 | 65% | 33% | 2% | 13% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 25 | 72% | 27% | 1% | 18% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 30 | 57% | 41% | 2% | 58% |
| 01 Oct 2018 - 31 Mar 2019 | 01 May 2019 | 20 | 80% | 14% | 7% | 12% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 22 | 78% | 21% | 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
most common payment terms are 30 days
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
A dedicated AP team take responsibility for the timely resolution of invoice disputes with suppliers.
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 2 UNLIMITED is registered as a private unlimited company. Its name identifies it as VOYAGE 2 UNLIMITED, reflecting its unique corporate identity.
This active company, with registration number 02689231, was incorporated on 14 February 1992. It is located in the West Midlands, with its registered office situated at Voyage Care Wall Island, Birmingham Road, Lichfield, Staffordshire, WS14 0QP.
As a private unlimited company, its members' liability is not limited, meaning there is no cap on their financial exposure. This corporate structure does not dictate specific services or products; an unlimited company may operate across any business sector within the UK market.
