| 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 Oct 2023 - 31 Mar 2024 | 05 Sept 2024 | 35 | 49% | 49% | 2% | 2% |
| 01 Apr 2023 - 30 Sept 2023 | 05 Sept 2024 | 37 | 42% | 54% | 4% | 4% |
| 01 Oct 2022 - 31 Mar 2023 | 05 Sept 2024 | 36 | 55% | 42% | 3% | 3% |
| 01 Apr 2018 - 31 Mar 2019 | 15 Jul 2019 | 44 | 35% | 64% | 1% | 1% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 44 | 35% | 64% | 1% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The majority (90%+) of the supply chain are trading on 30 days EOM or less. EOM (End of Month) is adopted due to the large supply base.
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
60
For any issues relating to payments a supplier has the ability to contact our central accounts payable team for an update on invoice statuses. If an invoice is in query or under review the supplier would be advised of this and given an overview of the issue at hand. If they wish to have further discussion on the issue they will be guided to the department that has raised the query to clarify. Our most common reasons for invoices in query are price variations to contracted rates, delivery status and site receipting.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
HC-One Limited operates a large network of residential, nursing and dementia care homes across the UK, trading as HC-One. The company's own site describes it as offering residential, nursing and specialist dementia care services, with over 250 care homes and more than fifteen years of operation, supporting people who need day care, respite, convalescent or long-term residential care. Enquiries cover residential, dementia and nursing care, palliative care and specialist care, funded privately, through local authorities or a mix of both. The company is registered in Darlington, County Durham, and its SIC codes confirm residential nursing and residential care activities for the elderly and disabled.
Generated from the company's website and Companies House records. Sources: hc-one.co.uk · hc-one.co.uk · hc-one.co.uk