SOLOR CARE GROUP LIMITED
Company Information
- Company Number
- 04299004
- Registered Address
- Voyage Care Wall Island, Birmingham Road, Lichfield, Staffordshire, WS14 0QP
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 4 October 2001
- Nature of Business
- 87300 - Residential care activities for the elderly and disabled
- Industries
- Coming Soon
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SOLOR CARE GROUP LIMITED demonstrates a very strong trend of prompt payments, with an average payment time of just 18 days. A remarkable 93% of invoices are consistently settled within 30 days, indicating efficient financial operations. This trajectory suggests a highly reliable payment partner with a strong commitment to timely settlements.
Volatility Analysis
Payment reliability is exceptionally high, with only 10% of payments classified as late and a mere 1% extending beyond 60 days. This minimal variance ensures high predictability for supplier cash flow planning, as significant delays are rare. The risk profile for extended payment periods is very low, making SOLOR CARE GROUP highly dependable.
Summary Analysis
Based on the data, SOLOR CARE GROUP LIMITED is a highly reliable and low-risk payment partner, consistently settling invoices well within standard terms. Suppliers can confidently establish standard payment terms, as the likelihood of significant payment delays is extremely low. No specific risk mitigation strategies beyond routine credit management are recommended due to their strong payment history.
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 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 18 | 93% | 6% | 1% | 10% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 19 | 89% | 11% | 0% | 15% |
| 01 Apr 2024 - 30 Sept 2024 | 01 Nov 2024 | 19 | 81% | 19% | 0% | 27% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 18 | 86% | 14% | 0% | 22% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 17 | 88% | 12% | 0% | 28% |
| 01 Oct 2022 - 31 Mar 2023 | 23 Apr 2023 | 28 | 67% | 29% | 4% | 16% |
| 01 Apr 2022 - 30 Sept 2022 | 26 Oct 2022 | 33 | 53% | 43% | 4% | 34% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 29 | 52% | 46% | 2% | 17% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 32 | 40% | 59% | 1% | 22% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 29 | 50% | 48% | 2% | 16% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 27 | 54% | 44% | 2% | 12% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 27 | 63% | 36% | 1% | 14% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 29 | 55% | 44% | 1% | 58% |
| 01 Oct 2018 - 31 Mar 2019 | 01 May 2019 | 22 | 73% | 20% | 7% | 12% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 24 | 68% | 31% | 1% | 38% |
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
Payment terms are 30 days from invoice date
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
We have a dedicated accounts payable team to deal with the disputed invoices.
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
SOLOR CARE GROUP LIMITED is an active private limited company operating within the care sector
Its name indicates a focus on providing care services
Incorporated on 4 October 2001, the company holds company number 04299004
Its registered office is located at Voyage Care Wall Island, Birmingham Road, Lichfield, Staffordshire, WS14 0QP, within the West Midlands region
Companies structured as a 'care group' in the UK typically specialise in delivering a range of care services
These often encompass residential care, supported living, domiciliary care, and sometimes specialist care for individuals with learning disabilities or complex needs
