ASHFIELD HEALTHCARE LIMITED
Company Information
- Company Number
- 03286306
- Registered Address
- 8th Floor Holborn Gate, 26 Southampton Buildings, London, England, WC2A 1AN
- Status
- Active
- Employee Count
- 230
- Turnover
- £19,785,000
- EBITDA
- -£1,131,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 December 1996
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Data, Events And Venues, Marketing And Sales, Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
ASHFIELD HEALTHCARE LIMITED's average payment time is 44 days, with a positive trend of 71% of invoices settled within 30 days. However, a less favorable trend shows 19% are paid between 31-60 days and 10% extend beyond 60 days. This indicates an inconsistent payment trajectory where promptness for the majority is offset by significant delays for a notable minority.
Volatility Analysis
The company exhibits significant payment volatility, with 61% of invoices classified as late, which introduces considerable unpredictability for suppliers. Despite a majority being paid promptly, the 10% of payments exceeding 60 days represents a high-risk factor for extended delays. This pattern suggests potential unreliability in adherence to agreed payment terms, impacting cash flow predictability.
Summary Analysis
Suppliers should approach ASHFIELD HEALTHCARE LIMITED with caution due to their high 61% late payment rate and average 44-day settlement period. Key decision factors include the 10% of payments exceeding 60 days, which demands factoring potential prolonged delays into financial planning. Consider implementing stricter payment terms, requesting partial upfront payments, or establishing clear escalation procedures to mitigate identified risks.
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 Nov 2019 - 31 Mar 2020 | 13 Aug 2020 | 35 | 82% | 17% | 2% | 58% |
| 01 Apr 2019 - 31 Oct 2019 | 13 Aug 2020 | 44 | 71% | 19% | 10% | 61% |
| 01 Oct 2018 - 31 Mar 2019 | 01 May 2019 | 36 | 87% | 9% | 4% | 67% |
| 01 Apr 2018 - 30 Sept 2018 | 03 Dec 2018 | 34 | 37% | 57% | 6% | 72% |
| 01 Oct 2017 - 31 Mar 2018 | 05 Apr 2018 | 34 | 36% | 59% | 5% | 42% |
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
Standard payment terms are 30 days unless specified specifically by the supplier
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Some suppliers require immediate payment and as such are overdue on day 1.
Maximum contractual payment period agreed
60
Dispute Resolution Process
We have a dedicated resource to speak with our suppliers around any disputes who then deal with the buyer.
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?
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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
ASHFIELD HEALTHCARE LIMITED is an active private limited company operating within the healthcare sector.
The company, incorporated on 2 December 1996, is registered in London under company number 03286306. Its registered office is located at 8th Floor Holborn Gate, 26 Southampton Buildings, London, England, WC2A 1AN.
Companies operating within the healthcare sector in the UK typically provide a range of services, including medical care, pharmaceutical development and distribution, healthcare technology solutions, or specialised health consultancy. They often cater to both public and private health organisations.
