NORWOOD RAVENSWOOD
Company Information
- Company Number
- 03263519
- Registered Address
- Broadway House, 80 - 82 The Broadway, Stanmore, HA7 4HB
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 9 October 1996
- Nature of Business
- 85600 - Educational support services87200 - Residential care activities for learning difficulties, mental health and substance abuse88990 - Other social work activities without accommodation not elsewhere classified
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
NORWOOD RAVENSWOOD exhibits a generally swift payment trend with an average time of 20 days, and 63% of invoices are settled within 30 days. However, a significant 34% extend into the 31-60 day bracket, indicating a dual payment pattern rather than consistent early payments. Only a minimal 3% of payments are delayed beyond 60 days, suggesting that extreme payment delays are rare for this company.
Volatility Analysis
Despite a low average payment time, the 27% late payment rate signifies notable inconsistency and reduced predictability in adhering strictly to due dates. While 97% of payments are reliably made within 60 days, the substantial 34% falling into the 31-60 day range, coupled with late payments, introduces variability. This suggests that while overall payment will likely occur, the specific timing can fluctuate, posing a moderate risk to short-term cash flow predictability.
Summary Analysis
Overall, NORWOOD RAVENSWOOD demonstrates acceptable payment performance with most invoices paid promptly, making them a generally viable partner. Suppliers should key decision factors include their own cash flow tolerance, as nearly one-third of payments can extend past 30 days. To mitigate this, consider offering shorter terms for a discount or implementing clear late payment clauses, and factor potential 30-60 day cycles into financial planning.
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 2025 - 30 Sept 2025 | 31 Oct 2025 | 20 | 63% | 34% | 3% | 27% |
| 01 Oct 2024 - 31 Mar 2025 | 11 Apr 2025 | 24 | 78% | 18% | 4% | 32% |
| 01 Apr 2024 - 30 Sept 2024 | 24 Oct 2024 | 19 | 88% | 12% | 0% | 22% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 27 | 85% | 12% | 3% | 31% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 22 | 77% | 22% | 1% | 37% |
| 01 Oct 2022 - 31 Mar 2023 | 30 Apr 2023 | 20 | 81% | 18% | 1% | 38% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 32 | 59% | 39% | 2% | 58% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 25 | 66% | 34% | 0% | 55% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 25 | 69% | 28% | 3% | 50% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 22 | 85% | 14% | 1% | 24% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 24 | 73% | 27% | 0% | 35% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 22 | 81% | 17% | 2% | 27% |
| 01 Apr 2019 - 01 Sept 2019 | 30 Oct 2019 | 23 | 86% | 11% | 3% | 24% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 16 | 91% | 8% | 1% | 9% |
| 01 Apr 2018 - 30 Sept 2018 | 15 Oct 2018 | 22 | 73% | 20% | 6% | 27% |
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
Terms are 30 days from invoice date
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
In the event of a dispute, initially the manager who purchased the goods or service will contract the supplier to resolve the dispute and seek resolution of any issues. Where it is not possible to reach an agreement, a number of potential resolution methods may be employed for example mediation, adjudication, litigation and/or arbitration. Suppliers may also contact Accounts Payable team on AccountsPayable@norwood.org.uk if they have any query relating to the payment of the invoice.
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.
❌
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
NORWOOD RAVENSWOOD functions as a Private Limited Company by guarantee without share capital, taking advantage of the 'Limited' exemption
In this capacity, it is established to pursue non-commercial objectives, with its members acting as guarantors rather than shareholders
Incorporated on 9 October 1996, NORWOOD RAVENSWOOD is an active company registered under company number 03263519
Its registered office is situated at Broadway House, 80 - 82 The Broadway, Stanmore, HA7 4HB, with its general operational location noted as 'Other'
Companies structured as a Private Limited Company by guarantee without share capital commonly operate in the UK non-profit and charitable sectors
They typically provide services such as advocacy, community support programmes, educational initiatives, or professional association services, reinvesting any surplus towards their stated objectives
