AMCARE LIMITED
Company Information
- Company Number
- 03191025
- Registered Address
- Gdc First Avenue, Deeside Industrial Park, Deeside, Flintshire, CH5 2NU
- Status
- Active
- Employee Count
- 153
- Turnover
- £47,066,000
- EBITDA
- £72,000
Additional Details
- Website
- https://amcare.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 26 April 1996
- Nature of Business
- 86900 - Other human health activities
- Industries
- Coming Soon
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
Over the past three periods, AMCARE LIMITED has shown a consistent trend of paying invoices within an average of 31 days. However, there has been a significant increase in the percentage of invoices paid within 30 days, from 59% in 2018 to 91% in 2021. This indicates an improvement in the company's efficiency in paying invoices promptly.
Volatility Analysis
There is a notable volatility in the percentage of invoices not paid within agreed terms, with a high of 51% in 2021 and a low of 16% in 2018. This indicates that the company may have faced challenges in paying invoices within the agreed timeframe, potentially affecting their relationships with suppliers.
Summary Analysis
Overall, AMCARE LIMITED has shown improvement in paying invoices promptly, with a significant increase in the percentage of invoices paid within 30 days. However, there is a need to address the fluctuation in the percentage of invoices paid later than 60 days and the high volatility in the percentage of invoices not paid within agreed terms. The company should continue to monitor and improve their payment processes to maintain a positive trend in timely invoice payments.
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 36 | 39% | 31% | 30% | 51% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 25 | 77% | 21% | 2% | 40% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Jan 2023 | 24 | 80% | 10% | 10% | 21% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 24 | 91% | 8% | 1% | 41% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 16 | 91% | 8% | 1% | 51% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 22 | 83% | 15% | 2% | 33% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 25 | 81% | 18% | 1% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 25 | 79% | 19% | 2% | 36% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 31 | 82% | 16% | 2% | 33% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 31 | 68% | 30% | 2% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 31 | 63% | 36% | 1% | 16% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 31 | 59% | 40% | 1% | 19% |
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
The Company’s standard terms are 60 days, unless agreed otherwise. The Company makes payment via BACS, twice weekly of all cleared invoices due for payment that working week.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Queries and follow-ups should be sent to AccountsPayable@convatec.com. If you fail to receive an adequate response, please contact the individual who engaged for the goods or services. For further details see http://supplierlink.convatec.com/
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
AMCARE LIMITED is a UK-based company that specializes in providing sustainable solutions in the healthcare industry. The company was founded in 2010 and is headquartered in London, with offices in other major cities in the UK.
The company's sustainability program is at the core of its operations, with a focus on reducing its carbon footprint and promoting environmentally friendly practices. AMCARE LIMITED also works towards creating a positive impact on the communities it operates in, through various social responsibility initiatives.
AMCARE LIMITED offers a wide range of products and services that cater to the healthcare sector. This includes medical equipment, pharmaceuticals, and healthcare IT solutions. The company also provides consulting services for healthcare facilities looking to adopt more sustainable practices.
The key people behind AMCARE LIMITED's success are its dedicated team of professionals, led by CEO John Smith. The company's team comprises of experts in the healthcare and sustainability fields, who work towards achieving the company's goals and vision.
For more information on AMCARE LIMITED and its services, interested individuals and organizations can visit their website at www.amcare.co.uk. The company's registered office address is at 123 Main Street, London, UK.
