Score of 100/100 qualifies for PaymentCheck Certification
From the data provided, it can be seen that VIRGO HEALTH PR LIMITED has consistently maintained an average time to pay of 1 day for the past three periods, with all invoices being paid within 30 days. This indicates a stable and efficient payment process.
There is no significant volatility in the payment patterns of VIRGO HEALTH PR LIMITED, as the percentages for invoices paid within 30 days, between 31 and 60 days, and later than 60 days have all remained at 100%, 0%, and 0% respectively for the past three periods.
For the past three periods, VIRGO HEALTH PR LIMITED has maintained an average time to pay of 1 day, with all invoices being paid within 30 days. This is an indication of a consistent and efficient payment process.
| 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 2021 - 31 Dec 2021 | 21 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 14 Jul 2021 | 1 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | 1 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 20 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 1 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard is based on vendor category, ranges from Payable Upon Receipt to Net 52.
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
52
This is handled on a case by case basis, starting with our accounts payable department with escalation to the CFO.
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
VIRGO HEALTH PR LIMITED is a leading healthcare communications agency that specializes in creating innovative and impactful campaigns for the healthcare industry. They have a strong commitment to sustainability and offer a range of products and services that align with their sustainable values.
Their sustainability program focuses on reducing their carbon footprint, promoting diversity and inclusion, and supporting local communities. They have implemented measures such as using renewable energy sources, minimizing waste, and partnering with ethical suppliers.
In terms of products and services, VIRGO HEALTH PR LIMITED offers a range of communication and marketing solutions for healthcare companies. This includes brand strategy, media relations, digital marketing, and creative campaigns. They also have expertise in medical education, patient advocacy, and crisis management.
The key people at VIRGO HEALTH PR LIMITED include the CEO, Sarah Matthew, who has over 25 years of experience in healthcare communications, and the Managing Director, Ondine Whittington, who has a background in pharmaceutical marketing. They have a team of experienced professionals who are passionate about making a positive impact in the healthcare industry.
For more information on VIRGO HEALTH PR LIMITED and their services, you can visit their website at www.virgohealth.com. Their registered office address is 60 Whitfield Street, London, W1T 4EU, United Kingdom. Overall, VIRGO HEALTH PR LIMITED is a reputable and socially responsible agency that is dedicated to delivering impactful and sustainable campaigns for the healthcare industry.
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