| 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 2019 - 31 Dec 2019 | 27 Jan 2020 | 37 | 68% | 23% | 10% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 33 | 65% | 27% | 8% | 24% |
This information is as reported by the business, and responses are in their own words.
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
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
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
Richmond Care Villages Holdings Limited is a registered UK company classified under head office activities. Evidence indicates it is a holding entity within the Richmond Villages group, whose operating business, Richmond Villages Operations Ltd, is owned by Bupa. The wider group runs ten retirement villages across England, offering independent living and assisted living apartments alongside on-site Bupa care homes providing residential, nursing, dementia, domiciliary and respite care. Village facilities include restaurants, fitness centres, wellness spas and a home buying service to assist residents in relocating. The holding company itself does not appear to trade directly with customers but sits within this later-living and care home group structure.
Generated from the company's website and Companies House records. Sources: richmond-villages.com · richmond-villages.com