The average time taken by LIMECAY LIMITED to pay invoices has increased steadily over the past few years, from 9 days in the second half of 2018 to 99 days in the first half of 2023. This trend suggests that the company may be facing financial difficulties and is struggling to make timely payments to its suppliers.
The volatility of LIMECAY LIMITED's payment patterns is relatively low, with the percentage of invoices paid within 30 days remaining consistent at 1% throughout the reporting periods. However, there is a significant increase in the percentage of invoices paid later than 60 days, from 0% in the second half of 2018 to 12% in the first half of 2023. This indicates a lack of consistency in the company's payment practices.
The data for LIMECAY LIMITED shows a concerning trend of increasing average time to pay invoices and a significant increase in the percentage of invoices paid later than 60 days. This suggests that the company may be struggling financially and is facing challenges in making timely payments to its suppliers.
| 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 | 08 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 03 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 11 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 05 Jul 2022 | |||||
| 01 Jul 2021 - 01 Dec 2021 | 11 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 08 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | |||||
| 01 Jan 2019 - 31 Dec 2019 | 14 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 08 Aug 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 9 | 1% | 99% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 05 Jul 2018 |
Limecay Limited is a UK-registered company classified under renting and operating of housing association real estate. It appears to sit within the Barchester Healthcare group, which operates care homes across the UK offering residential, dementia, nursing, respite and mental health care services, along with independent living support. Given its SIC classification, Limecay Limited's own role is likely connected to holding or letting property used within the wider care home group, rather than delivering care services itself. No further detail on its specific trading activity is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: barchester.com