| 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 2018 - 31 Dec 2018 | 30 Jan 2019 | 38 | 43% | 47% | 10% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 41 | 39% | 47% | 14% | 37% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days from receipt of invoice. Any changes to our standard terms would be subject to agreement with the relevant counter-party.
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
Under our standard terms, the parties must use reasonable endeavours to resolve any dispute arising out of the contract. Depending on the complexity of the services, the contract may also include a formal dispute resolution procedure, which typically includes a multi-tiered process allowing escalation of the dispute if it remains unresolved. Payment disputes are also escalated to the legal department.
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
Elysium Healthcare Limited is a company registered in England, incorporated in September 2000 and classified under SIC code 86101, hospital activities. Companies House records show it has traded under several previous names, including Psychmed (UK) Limited, Sovereign Health Plc, Sovereign Health Limited, Bromley Road Limited, Partnerships In Care (Bromley Road) Limited and Partnerships In Care (2016) Limited, before adopting its current name. The available evidence does not describe specific services, facilities or patient groups, but its official business classification indicates it operates within hospital or related healthcare provision. It remains an active private limited company registered in Borehamwood.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk