PRIORY REHABILITATION SERVICES LIMITED

PaymentCheck Score 2024
91Excellent
0.4vs last year
#931 in UK
#438 in London

Company Information

Company Number
06244877
Registered Address
Fifth Floor, 80 Hammersmith Road, London, W14 8UD
Status
Active
Employee Count
523
Turnover
£28,668,000
EBITDA
£4,065,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 May 2007
Nature of Business
86101 - Hospital activities
Industries
Healthcare And Wellbeing
Region
London

Time to Pay

Average Time to Pay
22 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
88%
31-60 Days
10%
After 60 Days
2%
Not Paid Within Terms5%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202429 Jan 20252288%10%2%5%
01 Jan 2024 - 30 Jun 202429 Jul 20242186%9%5%4%
01 Jul 2023 - 31 Dec 202330 Jan 20241889%8%3%4%
01 Jan 2023 - 30 Jun 202325 Jul 20232279%15%6%5%
01 Jul 2022 - 31 Dec 202225 Jan 20232087%8%5%7%
01 Jan 2021 - 30 Jun 202128 Jul 20212281%13%6%12%
01 Jul 2019 - 31 Dec 201929 Jan 20201981%16%3%15%
01 Jan 2019 - 30 Jun 201924 Jul 20192176%20%4%28%
01 Jul 2018 - 31 Dec 201828 Jan 20193457%32%11%63%
01 Jan 2018 - 30 Jun 201825 Jul 20183255%39%6%63%

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 standard contractual length of time for the payment of invoices is established as: Shortest standard payment period is 0 days Longest standard payment period is 60 days. As an organisation we do not require or make available early settlement discounts as part of any contractual agreement.

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

No information available

Any other information about payment terms

There have been no changes to our standard payment terms however should a supplier have been newly appointed during the reporting period then our standard internal payment terms are made known on the supplier set up form as issued to the supplier for completion at the time of appointment. Additionally, from January 2019 scheduled payments to suppliers are now made four times in each calendar month, previously paid twice monthly.

Maximum contractual payment period agreed

60

Dispute Resolution Process

There have been no changes to our standard payment terms however should a supplier have been newly appointed during the reporting period then our standard internal payment terms are made known on the supplier set up form as issued to the supplier for completion at the time of appointment. Additionally, from January 2019 scheduled payments to suppliers are now made four times in each calendar month, previously paid twice monthly.

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

PRIORY REHABILITATION SERVICES LIMITED is a leading provider of rehabilitation services in the United Kingdom. The company offers a range of services aimed at helping individuals recover from physical injuries or mental health issues.

Their sustainability program focuses on reducing their environmental impact and promoting social responsibility. This includes implementing energy-efficient practices, reducing waste, and supporting local communities through charitable initiatives.

PRIORY REHABILITATION SERVICES LIMITED offers a wide range of products and services, including physiotherapy, occupational therapy, speech and language therapy, and psychological support. They also provide vocational rehabilitation services to help individuals return to work after an injury or illness.

The company is led by a team of experienced professionals, including their CEO, Sarah Hughes, who has over 20 years of experience in the healthcare industry. They are committed to providing high-quality services and promoting a culture of continuous improvement.

PRIORY REHABILITATION SERVICES LIMITED can be contacted through their website at www.priorygroup.com or by visiting their registered office at 80 Hammersmith Road, London, W14 8UD. Overall, the company is dedicated to helping individuals achieve their full potential and lead fulfilling lives through their sustainable and innovative rehabilitation services.

Financial Metrics

Cash
£12,000
Net Worth
-£11,021,000
Total Current Assets
£4,165,000
Total Current Liabilities
£33,466,000

Company Location