Industry ranking
| 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 2023 - 31 Dec 2023 | 24 May 2024 | 33 | 48% | 43% | 9% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 24 May 2024 | 32 | 47% | 46% | 7% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 24 May 2024 | 32 | 49% | 44% | 7% | 7% |
| 01 Jan 2022 - 30 Jun 2022 | 24 May 2024 | 34 | 44% | 47% | 9% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 24 May 2024 | 38 | 35% | 54% | 11% | 11% |
| 01 Jan 2021 - 30 Jun 2021 | 24 May 2024 | 38 | 32% | 58% | 10% | 10% |
| 01 Jul 2020 - 31 Dec 2020 | 24 May 2024 | 35 | 39% | 54% | 7% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 24 May 2024 | 35 | 40% | 51% | 9% | 9% |
| 01 Jul 2019 - 31 Dec 2019 | 24 May 2024 | 38 | 34% | 56% | 9% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 10 Jan 2019 | 45 | 15% | 80% | 5% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 45 | 10% | 85% | 5% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms are 30 days end of month
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
All disputes are considered by the manager responsible for placing the purchase order. The company will then contact the supplier with the aim of resolving the dispute. Once resolved payment will be made
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
This is the registered UK entity now trading as Drive Medical, having operated as Drive DeVilbiss Healthcare. Based in Halifax, West Yorkshire, it designs, manufactures, distributes and supports a range of healthcare and mobility products, including hospital beds and cots manufactured at its own sites, wheelchairs, mobility scooters, pressure care equipment, bathroom safety aids, respiratory equipment and daily living aids. Products are supplied direct or via the NHS, local authorities, occupational therapists and approved retailers, serving hospitals, care homes and community settings. The company forms part of a wider international group headquartered in the United States, with manufacturing, distribution and service facilities across several countries, and provides aftercare including servicing, repair and decontamination.
Generated from the company's website and Companies House records. Sources: drivemedical.co.uk · drivemedical.co.uk · drivemedical.co.uk