WALGREENS BOOTS ALLIANCE SERVICES LIMITED

PaymentCheck Score 2022
76Good
12.8vs last year
#2131 in UK
#46 in Healthcare And Wellbeing
#350 in South East

Company Information

Company Number
07073433
Registered Address
2 The Heights, Brooklands, Weybridge, Surrey, KT13 0NY
Status
Active
Employee Count
106
Turnover
£61,119,000
EBITDA
£3,831,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 November 2009
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Healthcare And Wellbeing
Region
South East

Time to Pay

Average Time to Pay
24 days
Shortest Period:30 days
Longest Period:120 days
Max Contractual:105 days

Payment Timeline

Within 30 Days
73%
31-60 Days
23%
After 60 Days
4%
Not Paid Within Terms19%

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: 2024-10-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2022 - 31 Aug 202230 Sept 20223170%19%11%24%
01 Mar 2021 - 31 Aug 202130 Sept 20213951%32%17%41%
01 Sept 2020 - 28 Feb 202130 Mar 20213161%23%16%38%
01 Mar 2020 - 31 Aug 202024 Sept 20203571%18%11%25%
01 Sept 2018 - 28 Feb 201929 Mar 20193368%25%7%19%

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

Walgreens Boots Alliance Services Limited has standard payment terms of 30 days from the date of invoice, unless agreed otherwise.

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

105

Dispute Resolution Process

The main point of contact for invoice queries is Walgreens Boots Alliance Services Limited's Accounts Payable team, who manage the approval of invoices and follow internal processes to deal with and resolve invoice queries. Unresolved invoices are escalated internally during regular review meetings. Accounts Payable maintain a dedicated email address and communicate all queries both new and resolved with suppliers by email or phone.

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

WALGREENS BOOTS ALLIANCE SERVICES LIMITED is a global healthcare company that offers a wide range of products and services. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.

Their sustainability program focuses on reducing waste, conserving energy, and promoting responsible sourcing. They have also set targets to reduce their carbon emissions and increase the use of renewable energy sources.

The company offers a variety of products and services including prescription drugs, health and wellness products, and beauty and personal care items. They also offer pharmacy services and health clinics in some locations.

The key people at WALGREENS BOOTS ALLIANCE SERVICES LIMITED include the CEO, Stefano Pessina, and the Chairman, James Skinner. They have a team of dedicated employees who work towards their sustainability goals.

For more information on their products and services, customers can visit their website at www.walgreensbootsalliance.com. The registered office address is 108 Wilmot Street, Birmingham, B8 1QJ, United Kingdom. Customers can also contact them by phone at +44 (0) 121 380 4600. Overall, WALGREENS BOOTS ALLIANCE SERVICES LIMITED is a company that is committed to sustainability and providing quality healthcare products and services.

Financial Metrics

Cash
£215,000
Net Worth
£42,991,000
Total Current Assets
£80,880,000
Total Current Liabilities
£39,298,000

Company Location