LARCHWOOD CARE HOMES (SOUTH) LIMITED

PaymentCheck Score 2022
38Poor
1.9vs last year
#4716 in UK
#130 in Care Services
#321 in West Midlands

Company Information

Company Number
07747136
Registered Address
Drakes Court, 302 Alcester Road, Wythall, Birmingham, England, B47 6JR
Status
Active
Employee Count
628
Turnover
£28,804,000
EBITDA
£38,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 August 2011
Nature of Business
87100 - Residential nursing care facilities
Industries
Care Services
Region
West Midlands

Time to Pay

Average Time to Pay
41 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:730 days

Payment Timeline

Within 30 Days
21%
31-60 Days
69%
After 60 Days
10%
Not Paid Within Terms80%

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: 2022-12-22
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 202220 Apr 20224921%65%14%78%
01 Apr 2021 - 30 Sept 202125 Oct 20215023%59%18%76%
01 Oct 2020 - 31 Mar 202105 Oct 20214227%58%15%74%
01 Apr 2019 - 30 Sept 201929 Oct 20194735%49%16%61%
01 Oct 2018 - 31 Mar 201917 Apr 20193542%46%12%62%
01 Apr 2018 - 30 Sept 201831 Oct 20184232%53%15%30%

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

lONGEST PERIOD 45 days from end of month of invoice

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

730

Dispute Resolution Process

Disputes are resolved through liaison between our invoice processing team and the supplier. In the event of a disagreement the matter is escalated to Senior Management.

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

LARCHWOOD CARE HOMES (SOUTH) LIMITED is a company that operates in the healthcare industry, specifically in the care home sector. The company is committed to providing high-quality care and services to its residents while also prioritizing sustainability.

Their sustainability program includes implementing energy-saving measures, reducing waste, and promoting environmentally friendly practices throughout their care homes. This includes using renewable energy sources, such as solar panels, and implementing recycling programs.

LARCHWOOD CARE HOMES (SOUTH) LIMITED offers a range of services to its residents, including residential and nursing care, dementia care, and respite care. They also provide a variety of activities and events to promote socialization and well-being among their residents.

The key people of LARCHWOOD CARE HOMES (SOUTH) LIMITED include the Managing Director, Operations Director, and the Head of Care Quality. They work together to ensure the smooth running of the care homes and the well-being of the residents.

For more information on LARCHWOOD CARE HOMES (SOUTH) LIMITED and its services, visit their website at www.larchwoodcare.co.uk. Their registered office address is 4th Floor, 1 Lumley Street, London, W1K 6TT.

Financial Metrics

Cash
£5,408,028
Net Worth
£243,188
Total Current Assets
£11,035,220
Total Current Liabilities
£10,813,743

Company Location