DIGNITY FUNERALS NO3 LIMITED
Company Information
- Company Number
- 09166331
- Registered Address
- 4 King Edwards Court, King Edwards Square, Sutton Coldfield, West Midlands, B73 6AP
- Status
- Active
- Employee Count
- 25
- Turnover
- £4,138,000
- EBITDA
- -£5,676,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 August 2014
- Nature of Business
- 96030 - Funeral and related activities
- Industries
- Healthcare And Wellbeing
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for DIGNITY FUNERALS NO.3 LIMITED to pay invoices has been relatively consistent over the past three periods, with a slight increase in the most recent period. However, there has been a noticeable increase in the percentage of invoices paid later than 60 days in the past three periods.
Volatility Analysis
The data for DIGNITY FUNERALS NO.3 LIMITED shows some volatility in the percentage of invoices paid within 30 days and invoices paid between 31 and 60 days, with both fluctuating between 52-71% and 19-39% respectively. The percentage of invoices paid later than 60 days has also shown some volatility, ranging from 8-17%.
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 2022 - 01 Jul 2022 | 01 Aug 2022 | 46 | 45% | 39% | 16% | 79% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 43 | 52% | 31% | 17% | 76% |
| 26 Dec 2020 - 25 Jun 2021 | 02 Aug 2021 | 35 | 57% | 31% | 12% | 82% |
| 26 Jun 2020 - 25 Dec 2020 | 25 Jan 2021 | 38 | 66% | 19% | 15% | 55% |
| 26 Dec 2019 - 26 Jun 2020 | 21 Jul 2020 | 37 | 64% | 24% | 12% | 67% |
| 29 Jun 2019 - 25 Dec 2019 | 22 Jan 2020 | 32 | 71% | 21% | 8% | 57% |
| 29 Dec 2018 - 28 Jun 2019 | 29 Jul 2019 | 32 | 71% | 21% | 8% | 62% |
| 30 Jun 2018 - 28 Dec 2018 | 29 Jan 2019 | 35 | 71% | 19% | 10% | 64% |
| 30 Dec 2017 - 29 Jun 2018 | 08 Aug 2018 | 32 | 65% | 27% | 8% | 69% |
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
Our standard payment terms for our suppliers paid through our accounts payable process is 30 days. However, we do have a range of payment terms which are negotiated with individual suppliers on a case by case basis. —In addition to our normal payment processes, we also make a significant number of payments through our network of funeral locations. These payments generally represent disbursements incurred on behalf of our customers and, as such, are not subject to our formal payment terms and conditions. We have included these suppliers within our reporting. We endeavour to pay these suppliers promptly (usually within 7-14 days of receipt of invoice or provision of service).
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
56
Dispute Resolution Process
Dignity aims to resolve all disputes promptly and will normally do so by contacting suppliers directly. Any disputes over payments are directed to the Accounts department. Disputes can be escalated up the management chain if subsequently required
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.
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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?
❌
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
DIGNITY FUNERALS NO.3 LIMITED is a funeral service company based in the United Kingdom. They offer a range of services including traditional funerals, cremations, and memorial services. The company is committed to sustainability and has implemented various measures to reduce their environmental impact.
Their sustainability program includes the use of eco-friendly materials such as biodegradable coffins and urns, and the promotion of green funerals which involve minimal use of resources. They also have a recycling program in place for items such as flowers and paper products used during funeral services.
DIGNITY FUNERALS NO.3 LIMITED has a team of experienced and dedicated staff, including funeral directors, embalmers, and support staff. They provide compassionate and professional services to help families through the difficult process of arranging a funeral.
The company's website, www.dignityfunerals.co.uk, provides information on their services, pricing, and ways to make arrangements. They also have a 24/7 helpline for families in need of immediate assistance. Their registered office address is 4 King Edwards Court, King Edwards Square, Sutton Coldfield, West Midlands, B73 6AP.
In summary, DIGNITY FUNERALS NO.3 LIMITED is a reputable funeral service company that prioritizes sustainability and offers a range of services to support families during their time of bereavement. With their experienced team and commitment to eco-friendly practices, they provide a caring and responsible approach to funeral services.
