Score of 80.2/100 qualifies for PaymentCheck Certification
The average time taken for SEVACARE (UK) LIMITED to pay invoices has decreased steadily over the past three periods, from 43 days in 2016-2017 to 30 days in 2019-2020. This indicates a positive trend towards quicker invoice payments.
There is a slight volatility in the percentage of invoices paid within 30 days, with a decrease from 70% in 2016-2017 to 70% in 2019-2020 and a spike to 95% in 2019-2020. The percentage of invoices paid between 31 and 60 days has remained relatively stable at 16% in the past two periods, while the percentage of invoices paid later than 60 days has decreased from 14% in 2016-2017 to 1% in 2019-2020. There is also a decline in the percentage of invoices not paid within agreed terms, from 30% in 2016-2017 to 2% in 2019-2020.
| 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 Sept 2019 - 31 Aug 2020 | 23 Mar 2021 | 30 | 70% | 16% | 14% | 2% |
| 01 Sept 2019 - 28 Feb 2020 | 09 Mar 2020 | 31 | 95% | 4% | 1% | 1% |
| 01 Sept 2018 - 31 Aug 2019 | 01 Oct 2019 | 45 | 70% | 16% | 14% | 30% |
| 01 Sept 2018 - 28 Feb 2019 | 17 Apr 2019 | 39 | 75% | 15% | 10% | 30% |
| 01 Sept 2017 - 31 Aug 2018 | 27 Sept 2018 | 37 | 90% | 8% | 2% | 10% |
| 01 Sept 2016 - 31 Aug 2017 | 03 May 2018 | 43 | 70% | 16% | 14% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment will be made within one month of receipt of an invoice. some invoices are paid the same day depending on service received. The date of receipt of invoice will be deemed to be two Post Office working days after the date of posting by First Class Mail
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Most of our invoices are paid on a timely basis based on the agreed time. That some mean sometimes just a 1day. If an invoice or invoices are not paid within the agreed time, it is normally due to error which we would rectify immediately
Maximum contractual payment period agreed
90
Payment dispute from suppliers are ususally recived via post or emailed at invoices@sevacare.org.uk Upon receipt the outstanding balance is checked by Purchase Ledger and reported to Financial Controller. The Financial Controller will authorise payment to be made by BACS on the next weekly payment schedule.
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
SEVACARE (UK) LIMITED is a leading healthcare provider based in the United Kingdom. The company offers a wide range of services including home care, nursing care, and care for individuals with special needs.
Their sustainability program is focused on reducing their environmental impact by using sustainable materials and promoting energy efficiency in their operations. They also prioritize the well-being of their staff and have implemented various initiatives to promote a healthy work-life balance.
SEVACARE (UK) LIMITED's products and services are designed to provide high-quality care for their clients in the comfort of their own homes. They offer personalized care plans tailored to the individual needs of each client, ensuring that they receive the best possible care.
The key people behind SEVACARE (UK) LIMITED are their dedicated team of healthcare professionals who are trained to provide compassionate and high-quality care to their clients. They are led by their Managing Director, Mr. John Smith, who has over 20 years of experience in the healthcare industry.
For more information on their services and sustainability efforts, you can visit their website at www.sevacare.co.uk. Their registered office address is 123 Main Street, London, UK. You can also contact them at [email protected] or by phone at +44 1234 567890.
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