THE NATIONAL FOSTERING AGENCY LIMITED

PaymentCheck Score 2025
88Good
4.4vs last year
#1103 in UK
#60 in North West

Company Information

Company Number
03127814
Registered Address
Atria, Spa Road, Bolton, United Kingdom, BL1 4AG
Status
Active
Employee Count
244
Turnover
£84,349,000
EBITDA
£5,214,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 November 1995
Nature of Business
88990 - Other social work activities without accommodation not elsewhere classified
Industries
Coming Soon
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
88%
31-60 Days
8%
After 60 Days
4%
Not Paid Within Terms22%

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: 2025-03-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202524 Mar 20252288%8%4%22%
01 Sept 2023 - 29 Feb 202413 Jun 20242985%9%6%67%
01 Mar 2020 - 31 Aug 202030 Sept 20202086%10%4%49%
01 Sept 2018 - 28 Feb 201929 Mar 20191788%6%6%33%

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 from date of invoice as standard. However, shorter payment terms than the standard are offered for certain types of services supplied. Note that there is a minimum allowance of 14 days from receipt of the invoice as acceptable processing time to get the invoice approved, posted and paid.

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

Dispute Resolution Process

First contact is a dedicated accounts payable section of a shared service centre (SSC) that offers suppliers support through to query resolution. Suppliers can contact the SSC on a dedicated telephone number or email address. They will then identify the person within the business who will be able to resolve the problem and then the SSC contacts the supplier to discuss the resolution.

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

The National Fostering Agency Limited is a leading provider of fostering services in the United Kingdom. They work closely with local authorities and foster carers to provide safe and nurturing homes for children in need.

Their sustainability program focuses on creating a positive and supportive environment for both the foster carers and the children in their care. This includes ongoing training and development opportunities for foster carers, as well as promoting environmentally friendly practices within their organization.

The agency offers a variety of services, including long-term and short-term fostering, respite care, and specialized placements for children with specific needs. They also provide support services for foster carers and birth families to ensure the well-being of the children.

Some key people within the organization include CEO Steve Boxall, Director of Operations Sarah Johnson, and Director of Quality and Safeguarding Mark Owers.

The National Fostering Agency Limited can be contacted through their website, www.nfa.co.uk, or their registered office address at 4 Meadow Court, Millshaw, Leeds, LS11 8LZ. They are committed to providing high-quality and sustainable fostering services for children in the UK.

Financial Metrics

Cash
£2,668,000
Net Worth
£46,371,000
Total Current Assets
£69,171,000
Total Current Liabilities
£23,217,000

Company Location