ACCORD HEALTHCARE LIMITED
Company Information
- Company Number
- 04596349
- Registered Address
- Sage House, 319 Pinner Road, North Harrow, Middlesex, HA1 4HF
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 21 November 2002
- Nature of Business
- 21200 - Manufacture of pharmaceutical preparations46460 - Wholesale of pharmaceutical goods
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
ACCORD HEALTHCARE LIMITED exhibits a strong positive payment trend, with an average payment time of 27 days and 76% of invoices settled within 30 days. This indicates consistent promptness in their payment practices. The trajectory suggests a reliable pattern of timely settlements for the majority of transactions.
Volatility Analysis
Payment reliability is generally high, as 76% of payments are consistently made within 30 days, suggesting predictable cash flow for most suppliers. However, a minority of payments (17% extending to 60 days and 7% over 60 days) introduces a slight variability. The very low 2% late payment rate indicates minimal significant payment risk.
Summary Analysis
Overall, ACCORD HEALTHCARE LIMITED is a low-risk payment partner, primarily due to their consistent average payment time of 27 days and 76% of invoices paid within 30 days. Suppliers should factor in the low probability of slight delays for a minority of invoices, but the minimal 2% late payment rate suggests strong overall creditworthiness. For higher value or critical supply contracts, consider standard payment terms aligned with their 30-day average.
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 | 29 Oct 2025 | 27 | 76% | 17% | 7% | 2% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 46 | 70% | 13% | 17% | 9% |
| 01 Apr 2024 - 30 Sept 2024 | 22 Oct 2024 | 50 | 36% | 33% | 31% | 59% |
| 01 Oct 2023 - 31 Mar 2024 | 03 May 2024 | 58 | 43% | 30% | 27% | 65% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 55 | 43% | 26% | 31% | 62% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 60 | 49% | 18% | 33% | 55% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 92 | 31% | 23% | 46% | 72% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 81 | 23% | 26% | 51% | 75% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 27 | 75% | 11% | 14% | 14% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 16 | 86% | 10% | 4% | 11% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 20 | 90% | 9% | 1% | 14% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 21 | 75% | 23% | 2% | 26% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 26 | 74% | 18% | 8% | 31% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 27 | 67% | 24% | 9% | 36% |
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
Standard contractual terms are 60 days although there are a range of different 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
180
Dispute Resolution Process
The Business operates a standard 3-way match for most goods/services First attempt to settle a payment takes place in the Accounts Payable department via the 3 way match If a 3 way match is not possible the end user/receiver of the goods/services are contacted by the AP department to resolve the query - at this stage the Purchasing department may also be involved If end user or Purchasing department cannot resolve the query and manually release the payment the supplier is contacted directly and worked with to resolve the issue All disputes are aimed to be resovled within the contractual terms where possible Where goods or services are provided and the process does not require a purchase order, invoices are manually released by the end user or a manager with sufficient authority. In the case of a dispute the end user would resolve with the supplier as per the standared process Once the dispute is resolved and invoices are accepted and/or credit and new invoices received, the payment is settled Suppliers should contact the Accounts Payable department with all queries - Accounts@accord-healthcare.com
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
ACCORD HEALTHCARE LIMITED operates as a private limited company within the healthcare sector
Its legal structure identifies it as a distinct corporate entity
The company was incorporated on 21 November 2002 and holds the active company number 04596349
Its registered office is situated at Sage House, 319 Pinner Road, North Harrow, Middlesex, HA1 4HF
Organisations within the UK healthcare sector typically specialise in a range of activities
These can include the development, manufacture, and distribution of pharmaceuticals, medical devices, or the provision of various healthcare services
