HELP FOR HEROES

PaymentCheck Score 2022
71Fair
2.0vs last year
#2582 in UK
#129 in Education
#139 in South West

Company Information

Company Number
06363256
Registered Address
14 Parkers Close, Downton Business Centre, Downton, Salisbury, Wiltshire, SP5 3RB
Status
Active
Employee Count
248
Turnover
£18,928,000
EBITDA
£2,760,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
6 September 2007
Nature of Business
85510 - Sports and recreation education
87900 - Other residential care activities not elsewhere classified
96040 - Physical well-being activities
96090 - Other service activities not elsewhere classified
Industries
Education,Professional Services
Region
South West

Time to Pay

Average Time to Pay
31 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
65%
31-60 Days
26%
After 60 Days
9%
Not Paid Within Terms40%

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: 2022-05-09
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2021 - 31 Mar 202209 May 20223165%26%9%40%
01 Apr 2021 - 30 Sept 202119 Nov 20213066%27%7%41%
01 Oct 2020 - 31 Mar 202107 May 20213077%16%7%34%
01 Apr 2020 - 30 Sept 202024 Mar 20213670%19%11%36%
01 Apr 2019 - 30 Sept 201931 Oct 20193363%29%8%47%
01 Apr 2018 - 30 Sept 201831 Oct 20183164%27%9%50%

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 payment terms for suppliers are 30 days.

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

90

Dispute Resolution Process

Suppliers should email purchaseledger@helpforheroes.org.uk with details of any dispute or concern.

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

HELP FOR HEROES is a UK-based charity organization that provides support to wounded, injured, and sick veterans and their families. Founded in 2007, the charity has been dedicated to helping these brave men and women cope with physical, emotional, and social challenges they face after serving in the armed forces.

The charity offers a variety of services and programs to support their beneficiaries, including physical and psychological rehabilitation, career advice and training, financial assistance, and family support. They also collaborate with other organizations to provide specialized care for those with complex needs.

One of the key focuses of HELP FOR HEROES is their sustainability program, which aims to reduce the environmental impact of their operations and raise awareness among their beneficiaries about sustainability. The charity has implemented several initiatives, such as using renewable energy sources, reducing waste, and promoting eco-friendly practices.

In addition, HELP FOR HEROES has a range of products available for purchase, including clothing, accessories, and gifts, with all proceeds going towards supporting their cause. They also offer a variety of fundraising events and activities, such as sponsored runs and challenges, to engage the public in their mission.

The charity is led by CEO Melanie Waters and a team of dedicated staff, volunteers, and trustees. They work tirelessly to ensure that the needs of their beneficiaries are met and that the organization continues to make a positive impact.

Those interested in supporting HELP FOR HEROES can visit their website at www.helpforheroes.org.uk. The registered office address is Help for Heroes, Unit 14, Parkers Close, Downton Business Centre, Downton, Salisbury, Wiltshire, SP5 3RB. The website also provides contact information for specific inquiries, donations, and volunteering opportunities.

Financial Metrics

Cash
£6,085,000
Net Worth
£66,256,000
Total Current Assets
£14,490,000
Total Current Liabilities
£2,382,000

Company Location