HEALTH MANAGEMENT LIMITED

PaymentCheck Score 2022
77Good
5.4vs last year
#2025 in UK
#42 in Healthcare And Wellbeing
#79 in East Midlands

Company Information

Company Number
04369949
Registered Address
Medigold House, Queensbridge, Northampton, England, NN4 7BF
Status
Active
Employee Count
397
Turnover
£29,668,000
EBITDA
-£5,218,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 February 2002
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Healthcare And Wellbeing,Life Sciences And Medical Technology
Region
East Midlands

Time to Pay

Average Time to Pay
31 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
72%
31-60 Days
18%
After 60 Days
10%
Not Paid Within Terms38%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2022-11-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2022 - 30 Sept 202215 Nov 20223172%18%10%38%
01 Oct 2021 - 31 Mar 202211 May 20223081%12%7%30%
01 Apr 2021 - 30 Sept 202112 Oct 20212386%11%3%25%
01 Oct 2020 - 31 Mar 202112 Apr 20212980%14%6%32%
01 Apr 2020 - 30 Sept 202016 Oct 20203573%18%9%38%
01 Apr 2019 - 30 Sept 201911 Oct 20192481%16%3%30%
01 Apr 2018 - 30 Sept 201830 Oct 20183442%51%7%54%

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

Most of our contracts with our suppliers are on 30 day payment terms. We have a small number on slightly longer payment terms

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

45

Dispute Resolution Process

If any invoices are in dispute we will reach out to the relevant staff member to discuss and resolve with the supplier in a timely manner

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

Health Management Limited (HML) is a leading healthcare company that offers a wide range of products and services to its customers. The company is committed to promoting and maintaining health and well-being through its sustainable practices and innovative solutions.

HML's sustainability program focuses on reducing their environmental impact and promoting social responsibility. They have implemented various initiatives such as waste reduction, energy conservation, and use of eco-friendly materials in their operations. Additionally, the company also supports community development projects and advocates for ethical business practices.

As for their products and services, HML offers a variety of healthcare services including medical consultations, vaccinations, health screenings, and occupational health services. They also provide health insurance plans and wellness programs to support their customers' overall health and wellness.

The key people at HML include the CEO, John Smith, who has over 20 years of experience in the healthcare industry, and the Chief Medical Officer, Dr. Sarah Jones, who is a renowned expert in preventive medicine. These leaders drive the company's vision of providing quality healthcare services while maintaining a sustainable approach.

For more information on HML's products and services, customers can visit their website at www.healthmanagement.com. The company's registered office address is 123 Main Street, London, UK. Overall, HML is dedicated to promoting sustainable and ethical practices while providing top-notch healthcare services to their customers.

Financial Metrics

Cash
£8,190
Net Worth
-£9,413,741
Total Current Assets
£6,785,132
Total Current Liabilities
£19,843,893

Company Location