CHOICE SUPPORT

PaymentCheck Score 2023
94Excellent
1.9vs last year
#619 in UK
#14 in Healthcare And Wellbeing
#91 in South East

Company Information

Company Number
08971493
Registered Address
Compass House, 84 Holland Road, Maidstone, Kent, England, ME14 1UT
Status
Converted / Closed
Employee Count
2,608
Turnover
£65,394,000
EBITDA
£4,746,000

Additional Details

Company Type
Converted/closed company
Incorporated On
1 April 2014
Nature of Business
87200 - Residential care activities for learning difficulties, mental health and substance abuse
Industries
Healthcare And Wellbeing
Region
South East

Time to Pay

Average Time to Pay
19 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
89%
31-60 Days
8%
After 60 Days
3%
Not Paid Within Terms0%

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: 2023-05-02
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2022 - 31 Mar 202302 May 20231989%8%3%0%
01 Apr 2022 - 30 Sept 202202 May 20232286%10%4%0%
01 Oct 2021 - 31 Mar 202207 Jun 20221592%6%2%27%
01 Apr 2021 - 30 Sept 202110 Nov 20211990%7%3%35%
01 Oct 2020 - 31 Mar 202130 May 20211991%6%3%24%
01 Apr 2019 - 30 Sept 201930 Oct 20191684%12%4%44%
01 Apr 2018 - 30 Sept 201830 Oct 20183082%17%1%18%

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

30 DAYS

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

Dispute Resolution Process

CFO would deal with and maybe the leadership team

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

Choice Support is a UK-based charity organization that provides support and services to people with learning disabilities and mental health needs. The organization was founded in 1984 and has since been dedicated to improving the lives of individuals with these disabilities.

One of the main activities of Choice Support is providing support services for people with disabilities, including supported living, residential care, and community support. They aim to empower individuals to live as independently as possible and have a say in the decisions that affect their lives.

In addition to their support services, Choice Support also has a strong sustainability program, with a commitment to reducing their carbon footprint and promoting environmentally friendly practices. They have implemented initiatives such as reducing waste, using renewable energy sources, and promoting sustainable transportation.

Choice Support also offers a range of products and services, including training and consultancy for organizations working with people with disabilities. They also have a social enterprise called 'Choice Support Recycling', which provides employment opportunities for people with disabilities while promoting recycling and reducing waste.

The organization is led by a team of experienced and dedicated individuals, including the CEO Steven Rose and Chair of the Board of Trustees, Kate Laing. They also have a team of experts in the field of learning disabilities and mental health who work closely with the individuals they support.

For those interested in learning more about Choice Support and their services, their website address is www.choicesupport.org.uk. Their registered office address is 100 Westminster Bridge Road, London, SE1 7XA.

Financial Metrics

Cash
£9,508,000
Net Worth
£43,778,000
Total Current Assets
£16,299,000
Total Current Liabilities
£6,710,000

Company Location