The data for PAYINGFORCARE LIMITED shows an overall improvement in the company's payment practices over the past three periods. The average time taken to pay invoices has decreased, while the percentage of invoices paid within 30 days has increased. However, there has been some volatility in the company's payment behavior, as seen in the fluctuation of the percentage of invoices paid within 31-60 days and later than 60 days.
The volatility in PAYINGFORCARE LIMITED's payment behavior can be seen in the fluctuation of the percentage of invoices paid within 31-60 days and later than 60 days. This indicates that the company's payment practices may not be consistent and may require further improvement.
For the past three periods, PAYINGFORCARE LIMITED has shown improvement in its payment practices. In the latest period (2020-01-01 to 2020-06-30), the company had an average time to pay of XXX days, with XX% of invoices paid within 30 days, XX% of invoices paid between 31-60 days, and XX% of invoices paid later than 60 days. This shows a decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days compared to the previous period (2019-07-01 to 2019-12-31). However, there has been some fluctuation in the percentage of invoices paid within 31-60 days and later than 60 days, indicating a need for consistent payment practices.
| 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 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 |
Payingforcare Limited is the registered entity behind the payingforcare.org website, incorporated in November 2011 and listed at Companies House as a non-trading company. The site itself provides guidance for people in the UK trying to work out how to fund care fees, covering topics such as local authority and NHS support, deferred payment agreements, equity release, care annuities and inheritance tax considerations. It also offers a directory allowing users to find local, specialist care fees advisers and lets visitors submit questions for a response. The content is informational and adviser-referral in nature rather than describing manufacturing or direct care provision, focusing on financial planning around the cost of care.
Generated from the company's website and Companies House records. Sources: payingforcare.org