SQUADRON MEDICAL LIMITED
Company Information
- Company Number
- 03081982
- Registered Address
- Craiglas House Maerdy Industrial Estate North, Rhymney, Tredegar, Gwent, Wales, NP22 5PY
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 July 1995
- Nature of Business
- 47749 - Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) not elsewhere classified
- Industries
- Supply Chain
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The primary trend for Squadron Medical Limited indicates a consistent payment cycle averaging 47 days, with the vast majority (81%) falling within the 31-60 day window. This suggests a predictable pattern of payments extending beyond standard 30-day terms, rather than an accelerating or decelerating trajectory of payment speed.
Volatility Analysis
Reliability is notably high within the 31-60 day range, as 81% of payments occur during this period, offering clear predictability for payment timing. While 11% of payments extend over 60 days and 3% are technically late, this represents a relatively low level of volatility or significant deviation from their established payment schedule.
Summary Analysis
Suppliers should anticipate payments from Squadron Medical Limited to consistently arrive within the 31-60 day timeframe, aligning internal cash flow projections accordingly. Given the predictable nature of their payment cycle and low late payment rate, mitigation strategies could involve establishing credit terms that accommodate their average 47-day payment period to ensure a sustainable partnership.
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 2019 - 30 Sept 2019 | 29 Oct 2019 | 47 | 8% | 81% | 11% | 3% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 47 | 11% | 78% | 11% | 5% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 47 | 10% | 83% | 8% | 4% |
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
This is negotiable with the suppliers, we don't have one standard set of payment terms.
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
67
Dispute Resolution Process
Once the supplier invoice has been received any query will be reviewed internally and issues communicated to the supplier; with invoices usually put on hold until the matter is resolved through continued liaison with the supplier.
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
SQUADRON MEDICAL LIMITED is an active private limited company operating within the medical sector.
The company was incorporated on 20 July 1995 and is registered in Wales under company number 03081982. Its registered office is located at Craiglas House Maerdy Industrial Estate North, Rhymney, Tredegar, Gwent, Wales, NP22 5PY.
Private limited companies within the medical sector in the UK typically specialise in the provision of medical products, equipment, supplies, or related services. These organisations often support healthcare providers, professionals, and patients through manufacturing, distribution, or direct service offerings.
