GENESIS CANCER CARE UK LIMITED
Company Information
- Company Number
- 05796994
- Registered Address
- Wilson House, Waterberry Drive, Waterlooville, Hampshire, PO7 7XX
- Status
- Active
- Employee Count
- 569
- Turnover
- £135,129,000
- EBITDA
- -£10,566,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 April 2006
- Nature of Business
- 86101 - Hospital activities
- Industries
- Healthcare And Wellbeing
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time to pay for GENESIS CANCER CARE UK LIMITED has fluctuated over the past three periods, with a decrease from 2020-2021 and an increase from 2021-2023.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable, with a slight decrease in 2022-2023. However, there has been significant volatility in the percentage of invoices paid later than 60 days, with a sharp increase in 2022-2023 compared to the previous periods.
Summary Analysis
For GENESIS CANCER CARE UK LIMITED, there has been a decrease in the average time to pay from 2020-2021 (36 days) to 2021-2022 (39 days), followed by an increase in 2022-2023 (48 days). The percentage of invoices paid within 30 days has also decreased from 48% in 2020-2021 to 37% in 2022-2023. The worst period for late payments was in 2022-2023, with 52% of invoices paid later than 60 days.
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 Jul 2023 - 31 Dec 2023 | 19 Feb 2024 | 40 | 45% | 50% | 5% | 36% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Sept 2023 | 48 | 37% | 50% | 13% | 41% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Feb 2023 | 49 | 36% | 52% | 12% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 15 Aug 2022 | 52 | 48% | 41% | 12% | 29% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 39 | 40% | 51% | 9% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 56 | 34% | 50% | 16% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Mar 2021 | 36 | 48% | 44% | 8% | 8% |
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
The Company's standard terms for goods and services is Net Monthly. For certain vendor types such as Consultants, shorter payment terms may be observed
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The main point of contact for disputes is the GenesisCare Accounts Payable team in Waterlooville who can be contacted by email, phone or post. The AP team will investigate the query and contact the supplier to resolve the issue. Any unresolved issues can then be escalated to the Finance Manager
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?
❌
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
GENESIS CANCER CARE UK LIMITED is a leading healthcare company in the United Kingdom that specializes in cancer care. They offer a range of services, including diagnosis, treatment, and support for cancer patients. The company is committed to sustainability and has implemented various programs to reduce their environmental impact.
Their sustainability program includes reducing waste, using energy-efficient equipment, and promoting recycling. They also prioritize ethical and sustainable sourcing of products and materials. This commitment to sustainability not only benefits the environment but also helps to ensure the well-being of their patients.
The company offers a wide range of products and services to support cancer patients, including state-of-the-art treatment options, personalized care plans, and access to clinical trials. They also provide emotional and practical support for patients and their families, such as counseling services and financial assistance.
The key people at GENESIS CANCER CARE UK LIMITED include their CEO, medical directors, and other highly trained healthcare professionals. They are dedicated to providing the best possible care for their patients and are constantly researching and implementing new advancements in cancer treatment.
For more information on GENESIS CANCER CARE UK LIMITED and their services, you can visit their website at www.genesiscancercare.co.uk. Their registered office address is 2nd Floor, 2 Southbank Place, London, SE1 7NW. With their commitment to sustainability and excellence in cancer care, GENESIS CANCER CARE UK LIMITED is a trusted and respected name in the healthcare industry in the UK.
