THE NATIONAL FOSTERING AGENCY LIMITED
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
- Website
- https://nfa.co.uk
- 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
Payment Timeline
Payment Features
Payment Score History
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 Sept 2024 - 28 Feb 2025 | 24 Mar 2025 | 22 | 88% | 8% | 4% | 22% |
| 01 Sept 2023 - 29 Feb 2024 | 13 Jun 2024 | 29 | 85% | 9% | 6% | 67% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 20 | 86% | 10% | 4% | 49% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 17 | 88% | 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.
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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?
❌
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.