REDWINGS HORSE SANCTUARY
Company Information
- Company Number
- 03524502
- Registered Address
- Norwich Road, Hapton, Norwich, Norfolk, NR15 1SP
- Status
- Active
- Employee Count
- 380.0
- Turnover
- 13336000.0
- EBITDA
- -52000.0
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 10 March 1998
- Nature of Business
- 01430 - Raising of horses and other equines
- Industries
- Environment,Agriculture And Waste
- Region
- East of England
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 | 01 Feb 2024 | 39 | 36% | 59% | 5% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 23 | 69% | 29% | 2% | 9% |
| 01 Oct 2022 - 31 Dec 2022 | 02 Mar 2023 | 23 | 63% | 34% | 3% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 39 | 33% | 62% | 5% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 40 | 29% | 65% | 6% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 39 | 34% | 60% | 6% | 6% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 34 | 47% | 50% | 3% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 34 | 47% | 51% | 2% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 19 Feb 2020 | 34 | 47% | 48% | 4% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 28 Oct 2019 | 39 | 38% | 55% | 7% | 2% |
Company Summary
Redwings Horse Sanctuary is a UK-based charity dedicated to the rescue, rehabilitation, and rehoming of horses, ponies, and donkeys
The organization was founded in 1984 and has grown to become the largest horse sanctuary in the UK, with over 1,500 rescued horses currently in their care
Their main focus is on providing a safe and comfortable home for horses in need, as well as promoting responsible ownership and raising awareness about equine welfare issues
They also offer educational programs and outreach initiatives to help people better understand and care for horses
Redwings Horse Sanctuary is committed to sustainability and has implemented various initiatives to reduce their environmental impact
This includes using renewable energy sources, promoting recycling and waste reduction, and using sustainable materials in their facilities
In addition to their rescue and rehabilitation work, Redwings also offers a range of products and services to support their cause
This includes adoption schemes, where individuals can sponsor a horse or donkey and receive updates and exclusive benefits, as well as a gift shop with a variety of equine-related items
They also offer guided tours of their sanctuary and host events throughout the year to raise funds and awareness
The key people behind Redwings Horse Sanctuary are their dedicated team of staff and volunteers, as well as their supporters and donors who help keep the organization running
Their registered office address is Redwings Horse Sanctuary, Hapton, Norfolk, NR15 1SP, UK
For more information about Redwings Horse Sanctuary and how to get involved, visit their website at www.redwings.org.uk
Company Review
Trend Analysis
From the data, we can see that the average time taken for REDWINGS HORSE SANCTUARY to pay invoices has been consistent over the past three periods (2021-2023). However, there was a decrease in the average time to pay in the previous three periods (2019-2021). This could indicate an effort towards early payment during that time.
Volatility Analysis
The % Invoices paid within 30 days has fluctuated between 34-47% over the past three periods (2021-2023), indicating some volatility in this aspect of payment. However, the % Invoices paid later than 60 days has consistently stayed between 5-7%, showing stability in this area.
Summary Analysis
Between the periods of Jan 2021 and June 2023, REDWINGS HORSE SANCTUARY has maintained an average time to pay of 34-39 days. However, there was a decrease in the average time to pay in the previous three periods (2019-2021) with an average of 34 days. This shows an effort towards early payment during that time.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
End of month following date of invoice
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
60
Dispute Resolution Process
For finance to resolve
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
