RICHMOND CARE VILLAGES HOLDINGS LIMITED

Company Information

Company Number
05105798
Registered Address
1 Angel Court, London, United Kingdom, EC2R 7HJ
Status
Active
Employee Count
0
Turnover
Coming Soon
EBITDA
£2,317,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 April 2004
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
37 days
Shortest Period:45 days
Longest Period:75 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
68%
31-60 Days
23%
After 60 Days
10%
Not Paid Within Terms20%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201927 Jan 20203768%23%10%20%

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

Our standard payment terms are to pay suppliers within 45 days from the end of the month in which we receive the relevant valid invoice from the supplier. We will always try to trade on these terms with all suppliers, except where there are material circumstances which may alter this standard approach.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

If a dispute arises under or in relation to a contract, in the first instance the supplier should give notice of the dispute to their Bupa representative

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

Richmond Care Villages Holdings Limited is a leading provider of retirement communities in the United Kingdom. They offer a range of services and products to support the physical, emotional, and social well-being of their residents. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes measures such as energy-efficient buildings, waste reduction and recycling, and the use of sustainable materials. They also have a strong focus on social sustainability, providing opportunities for residents to stay active and engaged within their communities.

The company's key people include CEO Paddy Brice, who has over 30 years of experience in the healthcare sector, and Chairman Paul Walsh, a highly experienced business leader. They are supported by a dedicated team of professionals who are committed to delivering high-quality services and creating a positive living environment for their residents.

For more information on their retirement communities and services, interested parties can visit their website at www.richmond-villages.com. The company's registered office address is Richmond Villages, 2nd Floor, One Park Lane, Leeds, LS3 1EP. Overall, Richmond Care Villages Holdings Limited is a reputable and sustainable company that provides exceptional retirement living options for seniors in the UK.

Financial Metrics

Cash
£866,000
Net Worth
£120,846,000
Total Current Assets
£169,246,000
Total Current Liabilities
£2,610,000

Company Location