PRACTICE PLUS GROUP URGENT CARE LIMITED
Company Information
- Company Number
- 05232967
- Registered Address
- Ground Floor, 1330 Arlington Business Park, Theale, Reading, England, RG7 4SA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 September 2004
- Nature of Business
- 86210 - General medical practice activities
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
PRACTICE PLUS GROUP URGENT CARE LIMITED demonstrates a strong trend of prompt payments, with 88% of invoices settled within 30 days and an average payment time of 31 days. However, a significant 20% of payments are classified as late, indicating a consistent portion of invoices extending beyond agreed terms, with 6% moving into the 31-60 day range and another 6% exceeding 60 days.
Volatility Analysis
While the majority of payments are predictable within 30 days, the 20% late payment rate introduces a degree of unpredictability for a supplier. The 6% of payments exceeding 60 days represents a specific risk factor for cash flow, as a small but consistent portion of invoices are subject to significant delays. This suggests a need for suppliers to account for potential extended payment cycles on a segment of transactions.
Summary Analysis
Overall, PRACTICE PLUS GROUP URGENT CARE LIMITED presents a moderate payment risk profile, primarily due to the strong majority of on-time payments. Suppliers should factor in the 20% late payment rate and the 6% exceeding 60 days by potentially adjusting credit terms for new engagements or implementing robust follow-up procedures. Consider setting clear payment terms with penalties for late payments or requiring upfront deposits for larger orders to mitigate the identified delays.
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 | 03 Nov 2025 | 31 | 88% | 6% | 6% | 20% |
| 01 Oct 2024 - 31 Mar 2025 | 24 Apr 2025 | 46 | 71% | 9% | 20% | 36% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 39 | 58% | 27% | 15% | 53% |
| 01 Oct 2023 - 31 Mar 2024 | 07 May 2024 | 39 | 66% | 22% | 12% | 45% |
| 01 Apr 2023 - 30 Sept 2023 | 02 Nov 2023 | 33 | 53% | 40% | 7% | 60% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 34 | 58% | 36% | 6% | 42% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 34 | 45% | 47% | 8% | 55% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 38 | 40% | 55% | 5% | 47% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 36 | 47% | 47% | 6% | 62% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 34 | 42% | 52% | 6% | 63% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 32 | 31% | 64% | 4% | 74% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 31 | 42% | 53% | 5% | 74% |
| 01 Apr 2019 - 30 Sept 2019 | 24 Oct 2019 | 31 | 40% | 56% | 4% | 72% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 33 | 32% | 64% | 4% | 79% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 38 | 72% | 22% | 6% | 58% |
| 01 Oct 2017 - 31 Mar 2018 | 27 Apr 2018 | 31 | 73% | 22% | 5% | 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
30 days from date of invoice Practice Plus Group’s maximum standard payment terms are 30 days from date of invoice. Payments to self-employed GPs and Healthcare Professionals standard payment terms are within 14 days of the end of the period. Practice Plus Group operates a weekly payment run each Friday. Our payment run captures all approved invoices due for payment up to the Friday of the subsequent week. We are proud to support numerous smaller suppliers and sole traders to whom we commonly offer payment terms of between 0 and 14 days.
Were there any changes to the standard payment terms in the reporting period?
Standard payment terms have been reduced during the period from 45 to 30 days to align us with standard terms requested by new suppliers and to bring us into line with general payment terms for a majority of businesses.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
At Practice Plus Group we aim to resolve all queries and disputes regarding invoices and payments as quickly as possible. Disputes are directly managed by the invoice approvers with the support of a dedicated accounts payable team. The team can be contacted by email or phone Monday to Friday. The enquiries email inbox is monitored daily and is subject to a 48-hour SLA. The Accounts Payable team also carry out regular chasing of unapproved or disputed invoices to assist with both paying invoices in accordance with agreed terms and resolution of disputes.
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.
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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?
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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
PRACTICE PLUS GROUP URGENT CARE LIMITED operates as a private limited company
Its core business involves the provision of urgent care services
The company was incorporated on 16 September 2004 and holds company number 05232967, maintaining an active status
Its registered office is situated at Ground Floor, 1330 Arlington Business Park, Theale, Reading, England, RG7 4SA, placing its location within the South East region
In the UK market, companies specialising in urgent care typically provide immediate assessment and treatment for illnesses and injuries that are not life-threatening but require prompt medical attention
These services commonly address conditions such as minor injuries, infections, and sudden illnesses
