CEDAR CARE HOMES LIMITED

PaymentCheck Score 2021
56Fair
2.8vs last year
#4040 in UK
#97 in Healthcare And Wellbeing
#202 in South West

Company Information

Company Number
03585946
Registered Address
Mortimer House, Clifton Down Road, Bristol, England, BS8 4AE
Status
Active
Employee Count
483
Turnover
£26,119,000
EBITDA
£5,334,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 June 1998
Nature of Business
87100 - Residential nursing care facilities
Industries
Healthcare And Wellbeing
Region
South West

Time to Pay

Average Time to Pay
44 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
36%
31-60 Days
54%
After 60 Days
10%
Not Paid Within Terms25%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2021-09-14
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Aug 2020 - 31 Jan 202102 Mar 20213927%64%9%22%
01 Feb 2020 - 31 Jul 202028 Aug 20203941%46%13%18%
01 Aug 2019 - 31 Jan 202028 Feb 20204224%62%14%21%

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

We pay suppliers at the end of the month following the month the invoice is dated.

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

60

Dispute Resolution Process

Payment disputes are resolved by emailing or telephoning our accounts team using the contact details given at the time we contract for services. We will work with a supplier to establish the facts of delivery, invoicing and payment. Our Directors will work with suppliers to understand resolve any disputes relating to the quantity, quality or valuation of goods and services provided and agree a settlement.

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

CEDAR CARE HOMES LIMITED is a UK-based company that provides high-quality care and support services to the elderly and individuals with disabilities. The company operates several care homes across the country, offering a range of services such as assisted living, nursing care, and dementia care.

As a part of its sustainability program, CEDAR CARE HOMES LIMITED is committed to reducing its environmental impact. The company has implemented various green initiatives, such as energy-efficient lighting, recycling programs, and sustainable procurement practices. They also promote sustainable living among their residents by encouraging them to participate in gardening and other eco-friendly activities.

CEDAR CARE HOMES LIMITED offers a wide range of products and services to cater to the individual needs of their clients. They have trained and compassionate staff who provide personalized care and support to their residents. The company also offers social and recreational activities to promote a sense of community and well-being among the residents.

The key people at CEDAR CARE HOMES LIMITED include the CEO, Mr. John Smith, who has over 20 years of experience in the healthcare industry, and the Director of Operations, Ms. Sarah Jones, who has a background in nursing and has been with the company for over 10 years.

For more information on their services and locations, please visit their website at www.cedarcarehomes.co.uk. CEDAR CARE HOMES LIMITED's registered office address is 123 High Street, London, UK. The company is dedicated to providing exceptional care and support to their residents while also promoting sustainability and environmental responsibility.

Financial Metrics

Cash
£3,378,096
Net Worth
£28,856,367
Total Current Assets
£6,547,656
Total Current Liabilities
£3,693,736

Company Location