OPTUM HEALTH SOLUTIONS (UK) LIMITED
Company Information
- Company Number
- 08630286
- Registered Address
- 10th Floor, 5 Merchant Square, Paddington, London, England, W2 1AS
- Status
- Active
- Employee Count
- 218
- Turnover
- £58,204,000
- EBITDA
- £6,002,000
Additional Details
- Website
- https://scriptswitch.com
- Company Type
- Private limited Company
- Incorporated On
- 30 July 2013
- Nature of Business
- 70229 - Management consultancy activities other than financial management
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2025 - 30 Jun 2025 | 24 Jul 2025 | 10 | 96% | 3% | 1% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 11 | 96% | 3% | 1% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 8 | 96% | 3% | 1% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 15 | 96% | 2% | 2% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 14 | 95% | 3% | 2% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 14 | 95% | 3% | 2% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 21 | 92% | 4% | 4% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jan 2022 | 18 | 92% | 5% | 3% | 13% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 23 | 90% | 6% | 4% | 16% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 31 | 75% | 18% | 7% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 34 | 68% | 27% | 5% | 38% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 28 | 78% | 15% | 7% | 39% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 29 | 80% | 14% | 6% | 43% |
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
Standard payment terms are negotiated as 40 days from invoice date between the supplier, the business owner and Procurement. Changes to the terms are negotiated by the business owners of the relationship and / or Procurement in partnership with the supplier. Procurement communicates approved payment terms changes to Accounts Payable to be updated in the Accounts Payable system. Disputes related to payment timing are addressed directly with the businesses’ owner and Accounts Payable.
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
40
Dispute Resolution Process
If the business identifies a discrepancy between the amount due and the goods or services delivered, the business relationship owner or Accounts Payable will contact the supplier directly to discuss the discrepancy and either agree to pay the invoice as billed or, receive a corrected invoice or, if the invoice was paid, the supplier may be asked to issue a credit memo or a payment refund. Contracts contain contact information for disputes. In addition, suppliers may contact the Accounts Payable department.
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
OPTUM HEALTH SOLUTIONS (UK) LIMITED is a health and well-being company that offers a wide range of services and products to help individuals and organizations improve their health outcomes. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
The company's sustainability program focuses on three key areas: reducing their carbon footprint, promoting sustainable sourcing and waste management, and investing in renewable energy. They have also set specific goals to achieve by 2025, such as reducing their greenhouse gas emissions by 50% and sourcing 50% of their energy from renewable sources.
OPTUM HEALTH SOLUTIONS (UK) LIMITED offers a variety of products and services including health insurance, health management solutions, and pharmacy benefits management. They also provide personalized health and wellness programs for individuals and organizations.
The company's key people include Mandy Dickson, the Managing Director, and Mark Day, the Chief Financial Officer. They lead a team of experienced professionals who are dedicated to providing high-quality and sustainable health solutions.
For more information on OPTUM HEALTH SOLUTIONS (UK) LIMITED and their services, you can visit their website at www.optum.co.uk. Their registered office address is 40 Holborn Viaduct, London, EC1N 2PB, United Kingdom.
